Missing data are where data was not available. Source reports turnover, which is all revenue a company earns from its primary business operations.
The source provides the following information: * Preliminary estimates ** UK figures for 2017 were calculated directly by FEACO as linear trend between 2016 and 2018, given that in 2017 the MCA annual survey did not take place. *** The European panel includes the 11 countries traditionally participating in the feaco survey, while it does not include Ukraine given the challenging state of its economy. These 11 countries represent 77% of the European GDP. The trends referring to Denmark, Hungary, Romania, Ukraine and the UK are calculated in the local currency to avoid distortions due to the exchange rate. As to 2025, the European panel forecast is based on 10 countries representing 75% of the European GDP.Â
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Management consulting sector's annual revenue growth in selected countries 2017-2025
The European consulting industry experienced robust growth in 2022, with revenue expanding by **** percent across the continent. This surge surpassed pre-pandemic levels, indicating a strong recovery and increased demand for professional advisory services. The United Kingdom led the charge with an impressive ** percent growth, showcasing the resilience and adaptability of the consulting sector in the face of economic challenges.
Market dynamics and global context
While Europe's consulting industry flourished, the global landscape remains competitive. In the United States, the management consulting services industry is projected to reach approximately billion U.S. dollars by 2024. This growth reflects the ongoing need for expert guidance in various business sectors. Many of the leading consulting firms in the United States by prestige rating are also headquartered within the country. The consulting market is diverse, with the Big Four accounting firms dominating the financial segment, while management consulting encompasses broader areas such as operations, strategy, and human resources.
Challenges and opportunities
Despite the overall positive trajectory, the consulting industry faces its own set of challenges. The average annual revenue per consultant worldwide decreased overall between 2015 and 2024, suggesting potential pressure on individual productivity or fee structures. However, opportunities abound, particularly in the United Kingdom, where the market size of the management consulting industry °ù±ð²¹³¦³ó±ð»åÌý** billion British pounds in 2024. Looking ahead, artificial intelligence technology is expected to be the fastest-growing service offering for UK consulting firms in 2024, indicating a shift towards more technologically advanced advisory services.
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Spanish Association of Consulting Companies. (December 22, 2025). Yearly growth rate of management consulting industry in selected European countries from 2017 to 2025 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 30, 2026, from /statistics/1245137/mc-revenue-growth-by-country-europe/
Spanish Association of Consulting Companies. "Yearly growth rate of management consulting industry in selected European countries from 2017 to 2025." Chart. December 22, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 30, 2026. /statistics/1245137/mc-revenue-growth-by-country-europe/
Spanish Association of Consulting Companies. (2025). Yearly growth rate of management consulting industry in selected European countries from 2017 to 2025. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 30, 2026. /statistics/1245137/mc-revenue-growth-by-country-europe/
Spanish Association of Consulting Companies. "Yearly Growth Rate of Management Consulting Industry in Selected European Countries from 2017 to 2025." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 22 Dec 2025, /statistics/1245137/mc-revenue-growth-by-country-europe/
Spanish Association of Consulting Companies, Yearly growth rate of management consulting industry in selected European countries from 2017 to 2025 ÌÇÐÄÆÆ½â°æ, /statistics/1245137/mc-revenue-growth-by-country-europe/ (last visited July 30, 2026)
Yearly growth rate of management consulting industry in selected European countries from 2017 to 2025 [Graph], Spanish Association of Consulting Companies, December 22, 2025. [Online]. Available: /statistics/1245137/mc-revenue-growth-by-country-europe/