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The German consulting market: €50 billion and what that means for your capital strategy

The German consulting market is huge but fragmented. McKinsey, BCG, Bain dominate with traditional consulting. But Capital Advisory – specializing in fundraising – is growing 25% per year. Here are the numbers and what they mean.

The German consulting market: €50 billion and what that means for your capital strategy

Germany has a huge and fragmented consulting market. With over €50 billion in annual sales, 530 BDU member companies and 13,000+ consultants, it is difficult to find the right help.

Consulting market Germany – Skyline financial district

It's even harder for those seeking capital: most of this market is focused on traditional strategy consulting. The capital advisory market – which specializes in fundraising, investor matchmaking and due diligence preparation – is still small and growing quickly.

Top consulting companies in Germany

McKinsey €600M+ in Germany, Global Leader, 2000+ consultants
BCG €305M+ in Germany, start-up specialized
Bain €200M+ in Germany, M&A focused
Roland Berger €330M+ in Germany, hidden champion among CEOs

These four companies control around 50% of the premium consulting market in Germany. All charge €2,000-€5,300 per consultant per day.

Frankfurt – Germany’s advisory center

Market structure by segment

The German consulting market (BDU members) is distributed by segment (2025 estimate):

Capital Advisory is the fastest growing segment – ​​around 25-30% CAGR – because companies need more support with financing.

Fee models

Traditional consultants usually work according to one of three models:

Capital advisory firms often work with hybrid models:

Datenquellen

  • BDU Jahresbericht (2024-2025):Market size, member companies, trends
  • McKinsey Global Consulting Report (2024)
  • FEACO (Federation of European Management Consulting Associations)

Read alsoStrategy consulting vs. capital consultingfor a more in-depth comparison.

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Daniel Huber
Daniel Huber
Gründer & CEO CANVENA