Operations Advisory Service Market Size

Operations Advisory Service Market Analysis

The Operations Advisory Service Market size is estimated at USD 294.69 billion in 2024, and is expected to reach USD 367.23 billion by 2029, growing at a CAGR of 4.5% during the forecast period (2024-2029).

Operations Advisory helps organizations drive continuous improvement methodologies to achieve the maximum value potential of their business operations. Operations Advisory focuses on transformation services designed to help finance controllers, finance managers, and CFOs to streamline their end-to-end process for various functions.

Operations consulting aims to boost the processes, ways of working, and underlying systems across various areas. Sales & Marketing, Supply Chain, Sourcing & Procurement, Finance, and Research & Development are the largest areas in size. Sales look into how sales operations can be improved, including boosting channel management, professionalizing the level of customer support (i.e., from call centers to specialized helpdesks), and advancing engagement with clients, commonly referred to as customer relationship management (CRM). Other areas under Sales include optimizing account & promotion management, Sales & Operations Planning (S&OP), and improving workforce effectiveness. Among others, marketing encompasses customer & market research, marketing intelligence, product design & engineering, category management, and customer experience & loyalty.

The covid-19 outbreak negatively affected the global Operations Advisory service industry due to instability in global financial sectors, the economic downturn, and a highly volatile market. Operations management is at the heart of most management issues, and a large share of consulting firms provide services in one key area. The Operations Advisory Service Market developed swiftly in recent years and significantly contributed to the global financial situation regarding growth rate, market share, and sales generation.