According to the latest research, the global Financial Risk Management Consulting market size was valued at USD 8412.79 million in 2022 and is expected to expand at a CAGR of 12.95% during the forecast period, reaching USD 17469.4 million by 2028.
Financial risk management consulting refers to consulting agencies that provide services to identify, evaluate, manage, report and limit the financial risks they face. As global concerns about financial risks increase, financial risk management consulting helps companies build a financial risk management framework and improve compliance.
According to historical data, the development of the consulting industry is closely related to the development of the global economy. During the economic boom, organizations enjoyed higher revenues and budgets, which provided a financial basis for increasing consulting expenditures. Conversely, economic downturns usually cause organizations to reduce spending, which in turn leads to budget cuts, including consulting spending.
The impact of COVID-19 on the global economy has been fully demonstrated. In recent years, the global management consulting business has been growing at a steady rate. However, due to this epidemic, the industry has encountered obstacles this year. It is expected that the global economy will decline and will affect the financial risk management consulting industry.
Macroeconomic fluctuations
The recent economic and political turmoil that has prevailed around the world, the decline in oil prices and other commodity prices, and exchange rate fluctuations have had a significant impact on many companies. The increase in these financial risks requires companies to re-examine strategies related to these risks and adopt financial risk management measures.
The development of the financial industry has also brought a series of risks, and the importance of financial risk management has become increasingly prominent
The financial industry has developed rapidly in recent years, and economic development has provided new opportunities for the financial industry. At the same time, the probability of occurrence of economic risks has also shown an upward trend, which highlights the importance of financial risk management. Adopting relevant policies and countermeasures to reduce the occurrence of financial risks is the ultimate goal of financial risk management. Complexity, concealment, fickleness, etc. are all characteristics of financial risks. Financial risk management should be combined with their characteristics to find and implement reasonable financial risk management measures to ensure the smooth operation of the economy.
Enterprises have put forward higher and higher requirements for the professional ability of management consultants
On the one hand, management consulting practitioners not only need to have higher analytical skills, communication skills and professional ethics, but also need to have more professional knowledge and rich experience. On the other hand, since the management consulting industry in emerging markets is still in the development stage, there is still a lack of high-quality management consulting talents.
Region Overview:
From 2022-2027, North America is estimated to witness robust growth prospects.
Company Overview:
Ernst & Young is one of the major players operating in the Financial Risk Management Consulting market, holding a share of 9.71% in 2022.
Ernst & Young
EY provides professional services. The Company offers assurance, audit, tax, financial, and business advisory services to automotive, financial, government, entertainment, mining, real estate, technology, and telecommunication industries. EY serves customers worldwide.
Deloitte
Deloitte provides professional services. Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax, and related services.
Segmentation Overview:
By type, Market and Credit Risk segment accounted for the largest share of market in 2021.
Market and Credit Risk
Market risk is the possibility of an investor experiencing losses due to factors that affect the overall performance of the financial markets in which he or she is involved. Credit risk is the possibility of a loss resulting from a borrower is failure to repay a loan or meet contractual obligations. Credit risk means the chance that you won not get all your money back, market risk means the risk that the value of your investment can fluctuate.
Capital Management, Liquidity and Treasury Risk
Liquidity and Capital Risk is generally defined as the risk associated with an enterprise is ability to convert an asset or security into cash to prevent a loss. Treasury Risk is the risk associated with the management of an enterprise's holdings-ranging from money market instruments through to equities trading.
Accounting and Financial Reporting Risk
Financial reporting risk refers to the risk of serious errors in financial reports.
Application Overview:
By application, the SMEs segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Financial Risk Management Consulting industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Financial Risk Management Consulting. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Financial Risk Management Consulting Market Report Include:
Market Size Estimates: Financial Risk Management Consulting market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Financial Risk Management Consulting market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Financial Risk Management Consulting market
Segment Market Analysis: Financial Risk Management Consulting market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Financial Risk Management Consulting market situations and prospects in major and top regions and countries
Financial Risk Management Consulting Market
Financial Risk Management Consulting Industry Chain: Financial Risk Management Consulting market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Financial Risk Management Consulting Industry News, Policies by regions
Financial Risk Management Consulting Industry Porters Five Forces Analysis
Key players in the global Financial Risk Management Consulting market are covered in Chapter 2:
Ernst & Young
Guidehouse
Bain & Company
Willis Towers Watson
Capgemini
Kearney
IBM
PricewaterhouseCoopers
McKinsey & Company
Boston Consulting Group
Crowe
Aon
KPMG
Deloitte
In Chapter 6 and Chapter 9, on the basis of types, the Financial Risk Management Consulting market from 2018 to 2028 is primarily split into:
Market and Credit Risk
Capital Management, Liquidity and Treasury Risk
Accounting and Financial Reporting Risk
In Chapter 7 and Chapter 10, on the basis of applications, the Financial Risk Management Consulting market from 2018 to 2028 covers:
Large Business
SMEs
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Financial Risk Management Consulting market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Financial Risk Management Consulting industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Financial Risk Management Consulting market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Financial Risk Management Consulting industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Financial Risk Management Consulting market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Financial Risk Management Consulting market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Financial Risk Management Consulting market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Financial risk management consulting refers to consulting agencies that provide services to identify, evaluate, manage, report and limit the financial risks they face. As global concerns about financial risks increase, financial risk management consulting helps companies build a financial risk management framework and improve compliance.
According to historical data, the development of the consulting industry is closely related to the development of the global economy. During the economic boom, organizations enjoyed higher revenues and budgets, which provided a financial basis for increasing consulting expenditures. Conversely, economic downturns usually cause organizations to reduce spending, which in turn leads to budget cuts, including consulting spending.
The impact of COVID-19 on the global economy has been fully demonstrated. In recent years, the global management consulting business has been growing at a steady rate. However, due to this epidemic, the industry has encountered obstacles this year. It is expected that the global economy will decline and will affect the financial risk management consulting industry.
Macroeconomic fluctuations
The recent economic and political turmoil that has prevailed around the world, the decline in oil prices and other commodity prices, and exchange rate fluctuations have had a significant impact on many companies. The increase in these financial risks requires companies to re-examine strategies related to these risks and adopt financial risk management measures.
The development of the financial industry has also brought a series of risks, and the importance of financial risk management has become increasingly prominent
The financial industry has developed rapidly in recent years, and economic development has provided new opportunities for the financial industry. At the same time, the probability of occurrence of economic risks has also shown an upward trend, which highlights the importance of financial risk management. Adopting relevant policies and countermeasures to reduce the occurrence of financial risks is the ultimate goal of financial risk management. Complexity, concealment, fickleness, etc. are all characteristics of financial risks. Financial risk management should be combined with their characteristics to find and implement reasonable financial risk management measures to ensure the smooth operation of the economy.
Enterprises have put forward higher and higher requirements for the professional ability of management consultants
On the one hand, management consulting practitioners not only need to have higher analytical skills, communication skills and professional ethics, but also need to have more professional knowledge and rich experience. On the other hand, since the management consulting industry in emerging markets is still in the development stage, there is still a lack of high-quality management consulting talents.
Region Overview:
From 2022-2027, North America is estimated to witness robust growth prospects.
Company Overview:
Ernst & Young is one of the major players operating in the Financial Risk Management Consulting market, holding a share of 9.71% in 2022.
Ernst & Young
EY provides professional services. The Company offers assurance, audit, tax, financial, and business advisory services to automotive, financial, government, entertainment, mining, real estate, technology, and telecommunication industries. EY serves customers worldwide.
Deloitte
Deloitte provides professional services. Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax, and related services.
Segmentation Overview:
By type, Market and Credit Risk segment accounted for the largest share of market in 2021.
Market and Credit Risk
Market risk is the possibility of an investor experiencing losses due to factors that affect the overall performance of the financial markets in which he or she is involved. Credit risk is the possibility of a loss resulting from a borrower is failure to repay a loan or meet contractual obligations. Credit risk means the chance that you won not get all your money back, market risk means the risk that the value of your investment can fluctuate.
Capital Management, Liquidity and Treasury Risk
Liquidity and Capital Risk is generally defined as the risk associated with an enterprise is ability to convert an asset or security into cash to prevent a loss. Treasury Risk is the risk associated with the management of an enterprise's holdings-ranging from money market instruments through to equities trading.
Accounting and Financial Reporting Risk
Financial reporting risk refers to the risk of serious errors in financial reports.
Application Overview:
By application, the SMEs segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Financial Risk Management Consulting industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Financial Risk Management Consulting. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Financial Risk Management Consulting Market Report Include:
Market Size Estimates: Financial Risk Management Consulting market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Financial Risk Management Consulting market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Financial Risk Management Consulting market
Segment Market Analysis: Financial Risk Management Consulting market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Financial Risk Management Consulting market situations and prospects in major and top regions and countries
Financial Risk Management Consulting Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Financial Risk Management Consulting Industry Chain: Financial Risk Management Consulting market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Financial Risk Management Consulting Industry News, Policies by regions
Financial Risk Management Consulting Industry Porters Five Forces Analysis
Key players in the global Financial Risk Management Consulting market are covered in Chapter 2:
Ernst & Young
Guidehouse
Bain & Company
Willis Towers Watson
Capgemini
Kearney
IBM
PricewaterhouseCoopers
McKinsey & Company
Boston Consulting Group
Crowe
Aon
KPMG
Deloitte
In Chapter 6 and Chapter 9, on the basis of types, the Financial Risk Management Consulting market from 2018 to 2028 is primarily split into:
Market and Credit Risk
Capital Management, Liquidity and Treasury Risk
Accounting and Financial Reporting Risk
In Chapter 7 and Chapter 10, on the basis of applications, the Financial Risk Management Consulting market from 2018 to 2028 covers:
Large Business
SMEs
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Financial Risk Management Consulting market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Financial Risk Management Consulting industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Financial Risk Management Consulting market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Financial Risk Management Consulting industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Financial Risk Management Consulting market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Financial Risk Management Consulting market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Financial Risk Management Consulting market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.