Industry Statistics and Rankings
How does this industry perform in Norway compared to Europe?
Country Benchmarking
Industry Data Norway
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#20 In EuropeBusiness
#17 In EuropeEmployees
#24 In EuropeWages
#16 In EuropeThe Management Consultants in Norway ranks 20 in Europe with regards to its 2024 revenue (€2.7bn). Revenue received by operators in Norway has been low in volatility over the past five-year period, with the average annual change in revenue (9.1 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Management Consultants industry in Norway in 2024?
The market size of the Management Consultants industry in Norway is €2.7bn in 2024.
How many businesses are there in the Management Consultants in Norway industry in 2024?
There are 14,745 businesses in the Management Consultants industry in Norway, which has grown at a CAGR of 3.7 % between 2019 and 2024.
Has the Management Consultants industry in Norway grown or declined over the past 5 years?
The market size of the Management Consultants industry in Norway has been declining at a CAGR of 9.1 % between 2019 and 2024.
What is the forecast growth of the Management Consultants industry in Norway over the next 5 years?
Over the next five years, the Management Consultants industry in Norway is expected to grow.
What are the biggest companies in the Management Consultants market in Norway?
The biggest companies operating in the Management Consultants market in Norway are Accenture plc, McKinsey & Company Inc and Ernst & Young Global Ltd
What does the Management Consultants in Norway include?
IT strategy and Corporate strategy are part of the Management Consultants industry.
Which companies have the highest market share in the Management Consultants in Norway?
The company holding the most market share in Norway is Accenture plc.
How competitive is the Management Consultants industry in Norway?
The level of competition is moderate and steady in the Management Consultants industry in Norway.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Computer Consultants in Norway
- Employment Placement Agencies in Norway
Complementors
- Legal Activities in Norway
- Accounting & Auditing in Norway
Table of Contents
About this industry
Industry definition
Management consultants provide advice, guidance and operational assistance to businesses and other organisations on management issues. Principal areas of consultation include corporate strategic and organisational planning, marketing, human resources and operational management.
What's included in this industry?
IT strategyCorporate strategyProcess and operations managementProgramme or project managementRisk managementHuman capitalEconomic and regulatory consultingBusiness transformation consultingCustomer and marketing strategyEnvironmental consultingIndustry Code
702 - Management consultancy activities in Norway
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Management Consultants in Norway
- Employees in the Management Consultants in Norway
- Business in the Management Consultants in Norway
- Profit in the Management Consultants in Norway
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
The EU Audit Regulation has an effect on management consultancy firms. Some larger firms provide both audit services and consulting services. The regulation from 2016 imposes restrictions on non-audit services, including management consultancy.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Management Consultants in Norway industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Consulting firms' profitability is under pressure due to increased competition. There is a growing number of consultancy firms operating in the industry, putting pressure on fees and constraining industry profit.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Management Consultants in Norway industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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