The Europe Management Consulting Services Market size is estimated at USD 74.68 billion in 2024, and is expected to reach USD 100.21 billion by 2029, growing at a CAGR of 6.06% during the forecast period (2024-2029).
With the highly dynamic nature of several European industries and markets, especially after the COVID-19 pandemic, companies prefer to consult management consulting firms for a deeper and more assured insight into the markets and other purposes to ensure well-thought and data-backed decisions.
The European management consulting services market is moderately fragmented, with local and international players having decades of industry experience. The vendors are incorporating a powerful competitive strategy by leveraging their expertise and spending significantly on advertising. Quality certification, service offerings, costs, and technical capabilities are important factors for attracting new contracts in the market. Overall, the intensity of the competitive rivalry is high in the market, and it is expected to remain the same during the forecast period.
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