Europe Management Consulting Services Industry Overview
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.
- December 2023: EY announced a collaboration with Appian, a low-code and process automation firm, to accelerate the support to businesses in digital transformation. This joint alliance enabled companies to modernize and simplify procedures by leveraging AI, low-code, process automation, and data fabric.
- May 2023: Deloitte and Google Cloud declared an expansion of their long-term partnership to ensure Google Cloud’s advanced Generative AI capabilities are facilitated in every industry. Deloitte transverses the landscape of Generative AI practice to scale solutions capabilities by meeting the growing demand for Google Cloud’s Generative AI capabilities, which can help solve business challenges using AI technologies.
Europe Management Consulting Market Leaders
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Deloitte Touche Tohmatsu LLP
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Ernst & Young Global Limited
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Boston Consulting Group
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PricewaterhouseCoopers LLP
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KPMG International Limited
- *Disclaimer: Major Players sorted in no particular order
