"As they cooperate in operations against the Islamic State, Iraq's various militias will also compete with one another for reclaimed territory," the report stated.
The firm noted that pro-Iranian militias in the country is likely to get a power boost because of the important role they play in the fight against Daesh.
"Iraq's political and ethnic communities will use their associated militias' gains to boost their power in Baghdad," the report said.
In addition, Iraq will have to face regional competition playing out in the country, as the rivalry between Iran and Turkey-backed militias will continue.
Stratfor noted Baghdad is currently concerned that Turkey has been aiding a number of militias to increase its foothold in northern parts of the country.
"Once the Islamic State has been defeated and Iraq's many local and regional interests can turn their attentions to their underlying agendas, the real fight for Iraq will begin," the report concluded.
Daesh, has been designated as a terrorist group and is outlawed in the United States, Russia and numerous other countries. The infamous group has seized large areas in Iraq and Syria, and declared a caliphate on territories under its control.
