Portland, OR, April 24, 2023 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global operational risk management consulting services in manufacturing market garnered $17.3 billion in 2021, and is estimated to generate $55.6 billion by 2031, manifesting a CAGR of 12.7% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.
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Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2022–2031 |
| Base Year | 2021 |
| Market Size in 2021 | $17.3 billion |
| Market Size in 2031 | $55.6 billion |
| CAGR | 12.7% |
| No. of Pages in Report | 350 |
| Segments covered | type, organization size, manufacturing type, and region |
| Drivers | The increasing focus of manufacturing industry on safety and risk management Growing need for operational efficiency in manufacturing industries owing to sustainable operations |
| Opportunities | Upsurge in reliance on digital operations in manufacturing industry |
| Restraints | Higher interest rates Limited availability of skilled consultants |
Covid-19 Scenario:
- The outbreak of the COVID-19 pandemic had a negative impact on the growth of the global operational risk management consulting services in manufacturing market, owing to a drop in demand due to highly unpredictable market conditions.
- However, digital transformation in operational risk management consulting services in the manufacturing market had helped the market demand to grow during the pandemic. This, as a result, promoted the demand for operational risk management consulting services in manufacturing, thereby accelerating the revenue growth.
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The research provides detailed segmentation of the global operational risk management consulting services in manufacturing market based on type, organization size, manufacturing type, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.
Based on type, the systems risk/technological failure segment held the highest share in 2021, accounting for around one-third of the global operational risk management consulting services in manufacturing market, and is expected to continue its leadership status during the forecast period. However, the external risk segment is expected to register the highest CAGR of 17.7% from 2022 to 2031.
Based on organization size, the large enterprises segment accounted for the highest share in 2021, contributing to around two-thirds of the global operational risk management consulting services in manufacturing market, and is expected to maintain its lead in terms of revenue during the forecast period. However, the small and medium-sized enterprises segment is expected to manifest the highest CAGR of 14.9% from 2022 to 2031.
Based on manufacturing type, the process manufacturing segment accounted for the highest share in 2021, holding around three-fifths of the global operational risk management consulting services in manufacturing market, and is expected to continue its leadership status during the forecast period. However, the discrete manufacturing segment is estimated to grow at the highest CAGR of 14.4% during the forecast period.
Based on region, North America held the largest share in 2021, contributing to more than one-third of the global operational risk management consulting services in manufacturing market share. In addition, the Asia-Pacific region is expected to manifest the fastest CAGR of 16.8% during the forecast period and is projected to maintain its dominant share in terms of revenue in 2031.
Leading market players of the global operational risk management consulting services in manufacturing market analyzed in the research include Gartner, Inc. , Oliver Wyman, LLC, Boston Consulting Group, Roland Berger GmbH, PwC, Deloitte, Accenture, Bain and Company, Inc., KPMG International, McKinsey and Company.
The report provides a detailed analysis of these key players of the global operational risk management consulting services in manufacturing market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Key benefits for stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the operational risk management consulting services in manufacturing market analysis from 2022 to 2031 to identify the prevailing operational risk management consulting services in manufacturing market opportunity.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the operational risk management consulting services in manufacturing market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global operational risk management consulting services in manufacturing market trends, key players, market segments, application areas, and market growth strategies.
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Operational Risk Management Consulting Services in Manufacturing Market Key Segments:
Type
- People Risk/Internal Fraud
- Systems Risk/Technological Failure
- External Risk
- Legal and Regulatory Risk
- Process Risk
- Others
Organization Size
- Large Enterprises
- Small and Medium-sized Enterprises
Manufacturing Type
- Process Manufacturing
- Process Manufacturing
- Chemical
- Refining
- Pharma
- Energy and Power
- Food and Beverage
- Pulp and Paper
- Others
- Discrete Manufacturing
- Discrete Manufacturing
- Automotive
- Aerospace and Defense
- Semiconductor and Electronics
- Others
By Region
- North America (U.S., Canada)
- Europe (UK, Germany, France, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
- LAMEA (Latin America, Middle East, Africa)
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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