Impact of COVID-19 on Indian Economy Size, Industry Trends, Share and Forecast 2Posted by pooja makkhar on March 26th, 2020 The global consulting industry is expected to project a stagnant growth or rather a modest downfall during this coronavirus outbreak. However, the industry is expected to grow at a considerable CAGR in the near future, post the end of the pandemic situation. Consulting is a people-based business and travel-heavy industry; owing to which the industry is experiencing a tumble, as the coronavirus safety model doesn’t lend well with the consulting industry requirements. The consultants spend over 80% of their working lives by living away from home and dealing with overseas clients; and here, the imposing of the travel ban is limiting the traveling of consultants. This is considerably hampering the growth of the global consulting industry. However, the industry will gain a significant focus after the end of the outbreak, as the need for management and financial advisory consultancy will grow among enterprises across the globe. Request a free sample of our report on Impact of COVID-19 on Indian Economy: https://www.omrglobal.com/request-sample/impact-of-covid-19-on-consulting-market The global consulting industry report is analyzed for a range of consulting, which includes strategy consulting, management consulting, operations consulting, a financial advisory consulting, HR consulting, and others. Amid these consulting solutions, management consulting will be considerably impacted by this pandemic situation. After the end of this outbreak, the enterprises will consult management consultants for the proper execution of tasks and management of data and workforce. Similarly, the financial advisory consulting will get a thrust after the end of this situation, as the enterprises coping with the loss occurred due to this outbreak will consult financial advisory consultants to upheaval with the circumstances. A full report of Impact of COVID-19 on Indian Economy is available at: https://www.omrglobal.com/industry-reports/impact-of-covid-19-on-indian-economy In addition, the effect of COVID-19 on the consulting industry is analyzed from a geographical standpoint, which includes North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific and European countries are majorly impacted nations in the consulting market during this pandemic situation. China, Japan, and India have been experiencing damage in the economy due to the rapid spread of the coronavirus. China, on being one of the largest industries driven country, will relatively need the consulting firms for the management of resources. By Consulting Type
Impact of COVID-19 on major economies
o United States o Canada
o UK o Germany o Italy o Spain o France o Rest of Europe
o China o Japan o India o Rest of Asia-Pacific o Rest of the World Company Profiles
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