Growth boosted by high demand from the financial services sector…

The French consulting market grew three times faster than the economy in 2015 - up 3.6 per cent to €4.1billion, making it the best year of growth since the start of the global financial crisis. However, despite this positive growth, consultants acknowledge that the consulting market in France is still fragile.

The report from leading global consulting market analysts Source Global Research (Source) also reveals that much of the industry’s growth can be attributed to the financial services sector, which makes up more than a quarter of the entire French consulting market and grew 6.4 per cent to €1.2billion in 2015. Regulation was a big driver of demand, but the real game-changer was that many organisations embarked upon far-reaching transformation, requiring the support of armies of consultants. Bernard Desprez, Managing Director at Kurt Salmon agreed, telling Source: “We have seen a lot of major transformation programmes starting up. They had gone off the radar as a result of the financial crisis and are now starting to reappear.”