South Korea Strategy Consulting Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Large Enterprise and Small Medium Enterprise), By Application (Mergers Acquisitions, Corporate Strategy, Business Model Transformation, Economic Policy, Organizational Strategy), By Vertical (IT Telecommunication, Healthcare, BFSI, Retail, Manufacturing), and South Korea Strategy Consulting Market Insights, Industry Trend, Forecasts to 2035

South Korea Strategy Consulting Market Insights Forecasts to 2035

• The South Korea Strategy Consulting Market Size Was Estimated at USD 0.72 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 5.88 % from 2025 to 2035
• The South Korea Strategy Consulting Market Size is Expected to Reach USD 1.35 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Strategy Consulting Market Size is anticipated to reach USD 1.35 Billion by 2035, growing at a CAGR of 5.88 % from 2025 to 2035. Major developments in the South Korean strategy consulting market are being driven by the evolving corporate environment. One of the primary factors propelling the market is the increasing demand for specialized consulting services, particularly in the areas of technology integration and digital transformation.

Market Overview

The market for strategy consulting offers businesses professional guidance on strategic choices that affect their competitive position and long-term performance. Corporate strategy, business model change, economic policy, mergers and acquisitions, and digital strategy are just a few of the many services it covers. Based on market research and industry best practices, strategy consultants provide an objective viewpoint and can assist businesses in making better decisions. Consultants can assist businesses in cutting operational costs and increasing productivity by evaluating procedures and putting strategic improvements into place. Strategy consultants are able to create and carry out plans that increase sales and market share. Companies are increasingly looking for strategy advice to assist them manage data security threats, maximizing their digital consumer experiences, and traverse the challenges of digital transformation. The need for strategic guidance on incorporating sustainability into fundamental business operations is rising as stakeholders and authorities put increasing pressure on corporations to address environmental and social challenges. Consulting firms are involved in formulating economic recovery plans, soliciting investments, and supporting economic development efforts like the Startup India project. Governments are employing consultants to offer advice on data analytics, reforming digital infrastructure, and using technology to enhance public services.

Report Coverage

This research report categorizes the market for South Korea strategy consulting market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea strategy consulting market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each South Korea strategy consulting market sub-segment.

Driving Factors

The increase in consumer engagement and operational efficiency, businesses are looking more and more to change their digital experiences. Strategy consultants assist businesses use technology to gain a competitive edge by providing experience in digital strategy, technology implementation, and business model transformation. To assist businesses in navigating these challenges and achieving long-term objectives, strategy consultants offer competitive analysis, market trends, and creative solutions. Strategy consultants assist businesses in finding and putting into practice creative solutions that can boost revenue, reduce costs, and enhance operations.

Restraining Factors

The manage strategic difficulties on their own and lessen their reliance on outside consultants, several large firms are forming internal strategy teams. The availability of digital tools and analytics that enable businesses to independently obtain information and formulate strategies is driving this development. The industry is becoming more competitive due to the rise of independent or freelance consultants, which could lower demand for larger consulting firms. Excessive turnover rates in consulting firms have the potential to impede the industry's growth by interfering with projects and customer relationships.

Market Segmentation

The South Korea strategy consulting market share is classified into product type, application, and vertical

• The large enterprise segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea strategy consulting market is segmented by product type into large enterprise and small medium enterprise. Among these, the large enterprise segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The large enterprise category is important because large businesses frequently need advanced strategy consulting services to drive development, improve operational efficiencies, and navigate challenging markets. In an economy that is changing quickly, these businesses use consulting services to spur innovation and preserve their competitive advantages.

• The mergers acquisitions segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korean strategy consulting market is segmented by application into mergers acquisitions, corporate strategy, business model transformation, economic policy, and organizational strategy. Among these, the mergers acquisitions segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. As companies seek to grow through consolidations, mergers and acquisitions have grown in significance, particularly in a market that is dynamic and marked by quick technical improvements.

• The IT telecommunication segment held a dominated share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korean strategy consulting market is segmented by vertical into IT telecommunication, healthcare, BFSI, retail, and manufacturing. The IT telecommunication segment held a dominated share in 2024 and is expected to grow at a significant CAGR during the forecast period. The quick development of technology and the growing significance of digital transformation, the IT telecommunications industry is vital.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea strategy consulting market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• McKinsey & Company
• Boston Consulting Group (BCG)
• Bain & Company
• Oliver Wyman
• Roland Berger
• Accenture
• Deloitte
• PwC Advisory Services
• KPMG Strategy Consulting Group
• Ernst & Young Advisory (EY)
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea strategy consulting market based on the below-mentioned segments:

South Korea Strategy Consulting Market, By Product Type

• Large Enterprise
• Small Medium Enterprise

South Korea Strategy Consulting Market, By Application

• Mergers Acquisitions
• Corporate Strategy
• Business Model Transformation
•  Economic Policy
• Organizational Strategy

South Korea Strategy Consulting Market, By Vertical

• IT telecommunication
• Healthcare
• BFSI
• Retail
• Manufacturing

South Korea Strategy Consulting Market, By Vertical

• IT telecommunication
• Healthcare
• BFSI
• Retail
• Manufacturing