The European turnover of business and other management consultancy activities in 2023 is led by the United Kingdom at €80.75 billion, followed by Germany and France at €36.86 billion and €34.22 billion respectively. The industry has seen varying year-on-year growth with notable increases in countries like Poland (8.21%), Austria (12.18%), and Bulgaria (19.57%). Other significant growth rates include Spain (6.04%) and Malta (6.64%). Conversely, Sweden (-0.15%) and Norway (-0.48%) experienced slight declines. Over the last five years, the industry has generally shown an upward trend.
Key future trends to watch for in the European market include the increasing demand for digital transformation consultancy, a growing focus on sustainability and ESG (Environmental, Social, and Governance) consultancy, and heightened interest in remote and hybrid work strategies. As businesses in Europe continue to navigate post-pandemic recovery, these areas are expected to drive significant growth in consultancy services.
Top countries in Turnover of Business and Other Management Consultancy Activities by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 80,750 | 2023 | +1.79% | +1.82% | View data |
| 2 | 2 Germany | 36,860 | 2023 | +3.78% | +0.51% | View data |
| 3 | 3 France | 34,220 | 2023 | +2.12% | +3.76% | View data |
| 4 | 4 Netherlands | 20,510 | 2023 | +2.23% | +2.7% | View data |
| 5 | 5 Italy | 18,650 | 2023 | +3.28% | +3.81% | View data |
| 6 | 6 Belgium | 16,410 | 2023 | +4.74% | +5.84% | View data |
| 7 | 7 Poland | 11,810 | 2023 | +8.53% | +8.21% | View data |
| 8 | 8 Sweden | 10,320 | 2023 | +1.87% | -0.15% | View data |
| 9 | 9 Spain | 10,150 | 2023 | +5.15% | +6.04% | View data |
| 10 | 10 Austria | 5,880 | 2023 | +18.98% | +12.18% | View data |
