The Italian market for management consulting may be estimated at $2.8 billion in 2004 (excluding earnings additional to fee income, such as software licenses, etc.).  After the negative consequences of the global economic slowdown in 2002, the market recovered in 2003 and in 2004.
Human resource management consulting accounts for approximately 30 percent of total revenues, corporate strategy consulting and operations management consulting 25 percent each and information technology consulting 20 percent.  The largest users of management consulting services in Italy are the banking sector (around one fifth of the market), wholesale and retail (one seventh), consumer goods, nonprofit organizations and government (one tenth each one).

Italy remains a low consulting-intensive market.  The market is comprised of many small firms and is divided among global competitors (most of which are of U.S. origin) offering a full-range of state-of-the-art products, a few "national champions," and a number of local or niche players and "gurus". Concentration is lower than in other European countries, and the top 20 firms take less than 50% of overall fee revenues.

Most big multinational consulting firms are well established in the Italian market. Multinational firms make up more than 50% of the market and U.S. firms about one-third. The largest consulting firm in Italy is Accenture, which employs over 4,000 people.  In addition to consulting, most of the consulting firms provide technology and solutions in the area of information services, as well as outsourcing services for administration and financial control... (continues)

Please note:

This Industry Sector Profile is also part of the more comprehensive
ITALY COUNTRY COMMERCIAL GUIDE 2006.