In 2023, Hungary led in the share of high growth enterprises among management consultancy firms in Europe with 70.35%, significantly ahead of Lithuania (38.03%) and Iceland (37.14%). The Czech Republic and Slovakia follow, with 31.28% and 27.5%, while Portugal maintains a moderate level at 25.02%. Romania, Italy, and Norway trail with 19.27%, 15.61%, and 10.88% respectively. Projections for 2024 suggest varying trends across the continent.
Future trends to watch include increasing market maturity, possibly slowing growth in established markets like Hungary and encouraging a broader distribution of high-growth enterprises in advancing economies like Romania and Portugal. Monitoring regulatory changes and digital advancements will be crucial for adapting strategies in the consultancy sector.
Top countries in Share of High Growth Enterprises in the Population of Active Enterprises in Management Consultancy Services by Country
| # | 9 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 70.35 | 2023 | View data |
| 2 | 2 Lithuania | 38.03 | 2023 | View data |
| 3 | 3 Iceland | 37.14 | 2023 | View data |
| 4 | 4 Czech Republic | 31.28 | 2023 | View data |
| 5 | 5 Slovakia | 27.5 | 2023 | View data |
| 6 | 6 Portugal | 25.02 | 2023 | View data |
| 7 | 7 Romania | 19.27 | 2023 | View data |
| 8 | 8 Italy | 15.61 | 2023 | View data |
| 9 | 9 Norway | 10.88 | 2023 | View data |
