Hungary Management Consulting Services Market Size and Share
Hungary Management Consulting Services Market Analysis by Mordor Intelligence
The Hungary management consulting services market size stood at USD 1.02 billion in 2025 and is forecast to reach USD 1.38 billion by 2030, advancing at a 6.27% CAGR. This trajectory is underpinned by sustained EU-funded digital-transformation programs, Hungary’s 9% corporate tax rate, and rising near-shoring of German automotive R&D mandates. Mandatory ESG reporting under the Hungarian ESG Act, effective 2024, accelerates advisory demand among large enterprises, while EU funding of EUR 1.7 billion for national digitalization amplifies technology-focused engagements. Competitive opportunities broaden as remote delivery gains traction, the SME client base digitizes rapidly, and public-sector entities pursue AI-enabled process-mining projects. Consulting firms that blend sector-specific expertise, compliance guidance, and talent solutions are well positioned to capture incremental revenue as clients navigate regulatory change, cloud migration, and workforce realignment.[1]European Commission, “Digital Connectivity in Hungary,” digital-strategy.ec.europa.eu
Key Report Takeaways
- By organization size, large enterprises held 74.55% of the Hungary management consulting services market share in 2024. SMEs are projected to expand at a 9.80% CAGR through 2030, the fastest among organization-size segments.
- By service type, operations consulting led with 31.50% revenue share in 2024, while technology consulting is forecast to grow at 9.45% CAGR to 2030.
- By delivery model, on-site engagements captured 68.20% share of the Hungary management consulting services market size in 2024; remote or virtual consulting is advancing at an 9.21% CAGR through 2030.
- By end-user industry, financial services accounted for 23.70% share of the Hungary management consulting services market size in 2024, whereas healthcare and life sciences will climb at a 10.04% CAGR between 2025-2030.
Hungary Management Consulting Services Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rising EU-funded digital-transformation programmes | +1.80% | National, with concentration in Budapest and Debrecen | Medium term (2-4 years) |
| Near-shoring of German OEMs' RandD mandates to Hungary | +1.20% | Western Hungary, automotive clusters | Long term (≥ 4 years) |
| Local corporate tax incentives for innovation projects | +0.90% | National, with emphasis on industrial zones | Short term (≤ 2 years) |
| Accelerating cloud-first migration among SMEs | +1.10% | National, urban centers leading adoption | Medium term (2-4 years) |
| Growing demand for ESG due-diligence consulting | +0.70% | National, large enterprises concentrated in Budapest | Short term (≤ 2 years) |
| AI-driven process-mining adoption in public sector | +0.60% | National, government agencies and municipalities | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Rising EU-funded digital-transformation programs
Hungary’s National Digitalisation Strategy 2022-2030 allocates EUR 1.7 billion for gigabit connectivity, public-sector modernization, and SME upskilling, generating immediate demand for advisory on governance models, program management, and skills road-mapping. Consulting firms help ministries integrate cloud, cybersecurity, and analytics while guiding municipalities through European Digital Innovation Hub funding applications. Private enterprises tap advisors to align with the Digital Decade targets as only 58.9% of citizens had basic digital skills in 2024. The scale of structural change broadens addressable revenue across strategy, implementation, and change-management engagements.
Near-shoring of German OEMs’ R&D mandates to Hungary
Western Hungary benefits as German automakers relocate design and testing functions to contain costs and comply with supply-chain due-diligence regulation, intensifying needs for compliance frameworks, plant digitization, and workforce reskilling. 4,800 German firms came under the 2023 supply-chain act, cascading audit and remediation requirements onto thousands of Hungarian suppliers.[2]KPMG, “Significant changes in the system of VIP cash grants in Hungary,” kpmg.com Consultants orchestrate supplier assessments, ESG dashboards, and workflow redesign to maintain OEM qualification while preparing sites for electric-vehicle components and autonomous-drive software.
Local corporate tax incentives for innovation projects
April 2025 amendments to the VIP cash-grant system increased R&D subsidies and clarified regional incentive thresholds yet introduced complex labour-cost and revenue conditions. Advisors structure investment cases, model state-aid ceilings, and coordinate filings with the Ministry of Finance. Hungary’s 9% corporate tax rate continues to draw multinationals such as Continental AG, but compliance with EU state-aid rules necessitates specialized transaction and tax planning services.
Accelerating cloud-first migration among SMEs
Only 37.1% of Hungarian enterprises used cloud in 2024, leaving sizable whitespace for consultancies that craft migration roadmaps, cybersecurity frameworks, and vendor-selection support. The Modern Cities Program, backed by HUF 3.5 trillion, spurs municipal smart-city tenders, while Magyar Telekom’s Microsoft 365 Copilot rollout underscores converging AI and cloud uplift. A 44,000-person IT talent deficit pushes SMEs to externalize both strategy and build-operate-transfer models, fuelling double-digit advisory growth.[3]Napi.hu, Dániel Szabó, “IT-sector labour shortage in Hungary,” napi.hu
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Shrinking EU cohesion-fund envelope post-2027 | -1.40% | National, affecting all regions dependent on EU funding | Long term (≥ 4 years) |
| Persistent domestic IT-talent shortage | -1.10% | National, most acute in Budapest and major cities | Medium term (2-4 years) |
| Price-sensitive SME client base | -0.80% | National, particularly affecting rural and smaller urban areas | Short term (≤ 2 years) |
| Heightened regulatory scrutiny on public tenders | -0.50% | National, government and public sector projects | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Shrinking EU cohesion-fund envelope post-2027
Tense EU-Hungary relations place cohesion flows at risk, injecting uncertainty into long-cycle digital-infrastructure and regional-development projects that underpin consulting pipelines. Firms hedge by pivoting toward private-sector assignments and short-cycle strategic advisory work.
Persistent domestic IT-talent shortage
Hungary’s deficit of 44,000 IT professionals extends consulting hiring cycles to 80 days and elevates wage levels, squeezing project margins. Vendors scale near-shore centers, launch bootcamps, and import talent through internal mobility programs to safeguard delivery capacity.
Segment Analysis
By Organization Size: Large Enterprises Sustain Revenue Dominance
Large enterprises controlled 74.55% of the Hungary management consulting services market in 2024. Ongoing ESG compliance, multi-cloud integration, and supply-chain redesign feed high-value retainers, exemplified by OTP Bank’s EUR 0.4 million AI supercomputer project that demanded cross-functional advisory input. The Hungary management consulting services market size for large enterprises is projected to expand steadily, although SME uptake will dilute share marginally. SMEs’ 9.80% CAGR arises from EU grant access and cloud affordability; yet their cash-flow constraints and cyber-risk exposure require modular, outcome-priced consulting packages.
Consultancies deploy accelerator toolkits and hybrid delivery to serve SMEs profitably. Tiers of standardized diagnostics, remote workshops, and curated vendor ecosystems address digital gaps while preserving scope discipline. Government voucher schemes and Digital Europe grants unlock budget headroom, amplifying adoption outside Budapest.
By Service Type: Technology Consulting Outpaces Legacy Domains
Operations consulting retained 31.50% share of the Hungary management consulting services market size in 2024, anchored by Lean initiatives, working-capital optimization, and post-merger integration mandates. Hungary management consulting services market share for operations remains resilient as German supply-chain law pushes workflow redesign across automotive suppliers. Technology consulting, however, will post an 9.45% CAGR, powered by AI pilots, cybersecurity overhauls, and full-stack cloud migrations. The EU AI Act’s high-risk use-case provisions catalyse compliance demand in healthcare and HR, compelling firms to blend technical and regulatory knowledge.
Strategy consulting revenues grow more gradually as clients internalize strategic planning capabilities, yet board-level agendas around green-growth pathways sustain project flow. HR consulting’s trajectory stabilizes due to talent-analytics adoption and reward re-benchmarking across a tight labour market.
By Delivery Model: Remote Gains but Hybrid Prevails
On-site engagements delivered 68.20% of 2024 revenue as Hungarian corporate culture Favors in-person rapport. Yet remote and virtual services will notch an 9.21% CAGR; cross-border talent pools, lower travel cost, and client acceptance of virtual collaboration underpin scalability. Providers adopt hybrid models: initial onsite discovery for relationship capital, followed by remote analytics sprints, enhancing utilization and margin.
Cyber-secure collaboration platforms and digital-twin sandboxes allow complex process mapping to proceed off-site while preserving data integrity. Remote delivery also mitigates consultant churn in hot talent markets by enabling flexible work arrangements.
By End-User Industry: Healthcare Races Ahead
Financial services delivered 23.70% revenue share in 2024. The Hungary management consulting services market size derived from banking and insurance is buoyed by PSD2 compliance, core-bank modernization, and green-finance structuring. Healthcare and life sciences will accelerate at 10.04% CAGR as nationwide telemedicine pilots scale from 1,889 patients to full provincial coverage. Consulting assignments span EHR integration, patient-journey redesign, and EU medical-device regulation alignment.
Manufacturing clients pursue Industry 4.0 roadmaps, while public-sector agencies commission AI process-mining and citizen-service digitization. Energy utilities explore smart-meter rollouts and hydrogen-blend feasibility, whereas retail adopts omnichannel analytics amid rising e-commerce penetration.
Geography Analysis
Budapest concentrates the majority of the Hungary management consulting services market thanks to the density of headquarters, ministries, and universities. The capital’s multilingual talent and transport links also support regional service hubs. EY’s Global Delivery Services center aims to employ 500 specialists, underscoring Budapest’s export-oriented consulting capacity. Debrecen and Szeged emerge as secondary nodes as PwC’s Debrecen Business Forum highlights local industrial diversification.[4]Budapest Business Journal, “The Future is Being Built in Debrecen, Says PwC,” bbj.hu
Western Hungary’s automotive corridor, hosting Audi, Mercedes-Benz, and Stellantis plants, drives specialized consulting markets focused on supply-chain optimization, digital manufacturing, and sustainability compliance. Rural counties see growing advisory uptake via smart-city tenders financed by the HUF 3.5 trillion Modern Cities Program, though fee sensitivity shapes scope.
Near-shoring trends position Hungary as a base for Central European client delivery; consultancies leverage Budapest for management oversight while establishing satellite teams in cost-competitive locales such as Miskolc. Cross-border engagements with Slovakia, Romania, and Croatia add incremental demand, aided by harmonized EU procurement frameworks.
Competitive Landscape
The Hungary management consulting services market hosts global Big Four players, strategy boutiques, technology integrators, and local specialists. EY’s merger with Denkstatt created the country’s largest ESG platform, pooling carbon-accounting and biodiversity expertise. KPMG’s partnership with Corvinus University secures graduate inflows and supports research collaboration on digital finance. Deloitte leverages regional centers of excellence in cloud and cyber to bid on large public contracts, while PwC invests in sector-focused labs targeting manufacturing and healthcare.
Local challenger Abacus Group recorded EUR 6 million EBITDA within 18 months, signalling the scalability of niche operations and data-analytics propositions. Talent scarcity raises competition for senior technologists; firms deploy retention bonuses, remote-work options, and equity participation to curb attrition. AI-enabled knowledge-management platforms lower delivery costs and differentiate proposals through rapid insight generation.
Consolidation is expected in ESG and cyber niches as mid-tier firms seek scale to meet assurance-grade requirements. Alliances with hyperscale’s and SaaS vendors create joint go-to-market vehicles, expanding service breadth while sharing investment burden.
Hungary Management Consulting Services Industry Leaders
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KPMG Advisory Limited Liability Company
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PricewaterhouseCoopers Auditing Limited Liability Company
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Ernst and Young Advisory Limited Liability Company
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McKinsey and Company Budapest Limited Liability Company
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Deloitte Private Company Limited
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- April 2025: EY and Denkstatt finalized their merger to establish Hungary’s largest ESG consultancy.
- March 2025: KPMG partnered with Corvinus University to reinforce the consultant talent pipeline.
- February 2025: The government amended the VIP cash-grant system, heightening advisory demand for R&D incentive structuring.
- November 2024: KPMG committed USD 100 million to its global Google Cloud practice, with direct impact on Hungarian tech projects.
Hungary Management Consulting Services Market Report Scope
| Large Enterprises |
| Small and Medium-sized Enterprises |
| Strategy Consulting |
| Operations Consulting |
| HR Consulting |
| Technology Consulting |
| Other Service Types |
| On-site Consulting |
| Remote / Virtual Consulting |
| IT and Telecommunications |
| Healthcare and Life Sciences |
| Financial Services (BFSI) |
| Manufacturing and Industrial |
| Energy and Utilities |
| Government and Public Sector |
| Real Estate and Construction |
| Retail and Consumer Goods |
| Media, Entertainment and Sports |
| Hospitality and Travel |
| Other End-user Industries |
| By Organization Size | Large Enterprises |
| Small and Medium-sized Enterprises | |
| By Service Type | Strategy Consulting |
| Operations Consulting | |
| HR Consulting | |
| Technology Consulting | |
| Other Service Types | |
| By Delivery Model | On-site Consulting |
| Remote / Virtual Consulting | |
| By End-user Industry | IT and Telecommunications |
| Healthcare and Life Sciences | |
| Financial Services (BFSI) | |
| Manufacturing and Industrial | |
| Energy and Utilities | |
| Government and Public Sector | |
| Real Estate and Construction | |
| Retail and Consumer Goods | |
| Media, Entertainment and Sports | |
| Hospitality and Travel | |
| Other End-user Industries |
Key Questions Answered in the Report
How large is the Hungary management consulting services market in 2025?
The market is valued at USD 1.02 billion in 2025 and is projected to reach USD 1.38 billion by 2030.
Which segment grows fastest in Hungary’s consulting space?
Technology consulting, underpinned by AI and cloud adoption, will post an 9.45% CAGR through 2030.
What drives SME demand for consulting in Hungary?
EU grant programs, affordable cloud solutions, and mandatory ESG compliance spur SMEs to seek advisory support.
How does the Hungarian ESG Act influence consulting demand?
The Act requires large enterprises to file sustainability reports from 2025, generating sustained advisory work in risk management and data assurance.
Which delivery model gains popularity post-pandemic?
Remote and virtual consulting services will grow at an 9.21% CAGR, reflecting client comfort with virtual collaboration and access to broader talent pools.
What is the primary geographic hub for consulting firms in Hungary?
Budapest remains the main hub, supported by talent availability and proximity to major corporate and government clients.
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