The United Kingdom leads the European architectural services market with projected wages and salaries worth 25.71 million euros in 2024, showing a modest increase of 2.04% from 2023. Germany trails with a slight decline of 2.0% at 24.88 million euros. France's sector is relatively stable with 15.39 million euros, and a negligible 0.14% growth. Rapid increases are noted in Romania and Hungary, which grew by 18.01% and 14.01% respectively. In contrast, Greece experienced a significant drop of 14.52%. Over five years, substantial growth occurred in Luxembourg, Romania, and Portugal.
Future trends include the potential rise of Eastern European markets, fueled by local policy shifts and investment in urban development. Western countries might face stagnation or decline due to market maturity and economic conditions.
Top countries in Wages and Salaries of Architectural Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 25.71 | 2023 | +2.41% | +2.04% | View data |
| 2 | 2 Germany | 24.88 | 2023 | -2.7% | -2% | View data |
| 3 | 3 France | 15.39 | 2023 | +0.92% | +0.14% | View data |
| 4 | 4 Spain | 3.88 | 2023 | +1.44% | +3.11% | View data |
| 5 | 5 Denmark | 3.81 | 2023 | +1.14% | +0.61% | View data |
| 6 | 6 Austria | 3.56 | 2023 | +3.51% | +3.93% | View data |
| 7 | 7 Norway | 3.38 | 2023 | +0.91% | +0.6% | View data |
| 8 | 8 Netherlands | 3.28 | 2023 | +1.13% | +0.55% | View data |
| 9 | 9 Sweden | 2.93 | 2023 | +1.29% | +0.073% | View data |
| 10 | 10 Ireland | 2.08 | 2023 | -6.84% | -2.76% | View data |
