The European management consultancy services sector exhibited divergent trends in 2023 with notable disparities among countries. Leading the employment tally was the United Kingdom, registering 610.57 thousand employees, while Germany and France followed with 319.49 and 274.9 thousand respectively. Belgium, Hungary, and Ireland displayed significant growth rates of 5.86%, 6.28%, and 9.72% year-on-year, reflective of expanding consultancy landscapes. In contrast, Sweden and Latvia faced contractions of -4.26% and -3.73% respectively.
Future trends to watch for include potential accelerated growth in Eastern European countries such as Croatia and Cyprus, which displayed impressive year-on-year increases of 10.5% and 8.37%. Ireland and Malta also emerged as dynamic markets with double-digit growth rates. Monitoring these expanding markets could provide strategic insights for burgeoning managerial demands. Conversely, established markets might face saturation challenges, requiring innovation and diversification to maintain their growth trajectories.
Top countries in Number of Persons Employed of Management Consultancy Services by Country
| # | 10 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 610,570 | 2023 | +1.91% | +1.87% | View data |
| 2 | 2 Germany | 319,490 | 2023 | +6.12% | +3.19% | View data |
| 3 | 3 France | 274,900 | 2023 | +2.18% | +3.62% | View data |
| 4 | 4 Netherlands | 180,990 | 2023 | +2.26% | +2.3% | View data |
| 5 | 5 Italy | 174,290 | 2023 | +4.29% | +4.9% | View data |
| 6 | 6 Poland | 142,390 | 2023 | +3.24% | +2.65% | View data |
| 7 | 7 Belgium | 118,820 | 2023 | +4.4% | +5.86% | View data |
| 8 | 8 Spain | 103,300 | 2023 | +2.58% | +5.06% | View data |
| 9 | 9 Portugal | 71,310 | 2023 | +2.27% | +2.84% | View data |
| 10 | 10 Hungary | 69,360 | 2023 | +4.48% | +6.28% | View data |