Lünendonk List 2023

Leading Business Consulting Companies in Germany

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The Lünendonk® List 2023 “Leading Business Consulting Companies in Germany” is a ranking of the leading business consulting companies in Germany. The consulting companies are presented with their respective total turnover and number of employees.

Learn more about the players in this dynamic market!

The Lünendonk® List 2023 “Leading Business Consulting Companies in Germany”

  • is a ranking of the 20 leading consulting firms whose share capital is mainly located in Germany (top 20 German consultancies)

  • lists the international consulting groups that generate significant revenues of more than 50 million euros in Germany from management consulting services, but are headquartered abroad

  • provides an overview of the players in the German market with their respective revenue and head counts for both 2021 and 2022

  • is an excerpt from the Lünendonk® Survey 2023 “Business Consulting in Germany” which was published in July 2023 in German language and which can be ordered here.

Photo: stock.adobe.com/Sergey_Nivens

Management consultancies headquartered in Germany have increased their revenues once again: following growth of 16.6 per cent on average in 2021, the 20 largest business consultancies headquartered in Germany (the ‘Top 20’) achieved average increases of 18.5 per cent in the 2022 financial year. The leading international consulting groups also grew at a double-digit rate of 11.5 per cent. Firms are benefiting from consulting demand around business strategy, cloud, data analytics, digital engineering, ESG and crisis resilience programmes among others, as well as the ongoing boom in the wake of the Covid-19 pandemic. Revenues for 2022 are also reflective of above-average fee increases.

According to industry association the Bund Deutscher Unternehmensberater (BDU), the German business consulting market grew to 43.7 billion euros in 2022 (+14.7%; 2021: €38.1 billion; 2020: €34.6 billion; 2019: €36.0 billion). Despite current geopolitical and economic challenges, market volumes in Germany are expected to increase in the 2023 financial year to 49 billion euros (+12%).

You can find more information in our press release.

Cover photo: stock.adobe.com/Ittiphat

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Background information about the Lünendonk® List

The Lünendonk® List of the leading business consultancies in Germany reflects both international and German consulting providers. A ranking based solely on consulting revenues in Germany cannot be meaningfully depicted in sufficient detail for the international service provider category. Thus, the classic Lünendonk ranking of business consultancies only in Germany also considers companies that were founded and have most of their share capital in Germany. These 20 German consultancies with the highest revenues are listed in the order of their total revenues.

The multinational business consulting groups that have either their headquarters or most of their capital stock abroad are listed in the separate overview, “Leading International Business Consulting Companies in Germany”, with their relevant global consulting revenues and head counts – provided they generated a turnover of more than 50 million euros with business consulting services in the German market in 2021 and 2022. These include both the major strategy consultancies and full-service providers, as well as specialised consultancies from the Human Resources (HR) sector. The revenues that were taken into account for the Big Four auditing companies are those generated with advisory services.

Access the survey

The Lünendonk® Survey 2023 “Business Consulting in Germany” contains the results of the 71 business consulting companies surveyed, in the form of a graphical evaluation, commented and classified on the basis of more than three decades of market observation.

The new edition of the survey was published in July 2023 in German language and can be ordered here.


Jörg Hossenfelder

Managing Partner

Jörg Hossenfelder is a managing partner and your contact in the field of business consulting, auditing, tax and advisory, corporate finance and legal advice. If you need advice on surveys, publications, benchmarks, moderations, workshops or seminars, please contact him directly.