The European turnover of management consultancy services is led by the United Kingdom, commanding a significant lead at 84.29 billion euros in 2023. Germany and France follow with 40.72 and 37.13 billion euros, respectively. Over the past year, Eastern European countries, particularly Bulgaria and Poland, showcased remarkable growth at 18.43% and 8.16%, respectively. Austria (11.91%) and Latvia (12.31%) also demonstrated notable increases. Meanwhile, Sweden and Norway saw declines of -0.89% and -1.09%. Over the past five years, the sector has generally seen consistent growth across Europe, though the extent varies by country.
In the foreseeable future, digital transformation and sustainability initiatives are expected to strongly influence consultancy demands. Countries investing in technology, innovation, and sustainable practices are poised for substantial growth. Moreover, geopolitical factors and economic stability within the EU could also shape market dynamics, affecting turnover across the continent.
Top countries in Turnover of Management Consultancy Services by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 84,290 | 2023 | +1.77% | +1.81% | View data |
| 2 | 2 Germany | 40,720 | 2023 | +3.57% | +1.49% | View data |
| 3 | 3 France | 37,130 | 2023 | +2.06% | +3.57% | View data |
| 4 | 4 Netherlands | 21,110 | 2023 | +2.07% | +2.32% | View data |
| 5 | 5 Italy | 20,380 | 2023 | +4.12% | +4.4% | View data |
| 6 | 6 Switzerland | 19,110 | 2023 | +8.26% | +4.88% | View data |
| 7 | 7 Belgium | 18,180 | 2023 | +4.39% | +5.24% | View data |
| 8 | 8 Ireland | 15,080 | 2023 | +10.06% | +3.55% | View data |
| 9 | 9 Poland | 12,300 | 2023 | +8.56% | +8.16% | View data |
| 10 | 10 Sweden | 10,940 | 2023 | +0.62% | -0.89% | View data |
