
Europe Auditing Services Market Forecast by 2033
Market Size in 2024: USD 68.4 Billion
Market Forecast in 2033: USD 122.6 Billion
Market Growth Rate 2025-2033: 6.3%
The Europe auditing services market exceeded USD 68.4 billion in 2024 and is on track to surpass USD 122.6 billion by 2033, advancing at a compound annual growth rate of 6.3%. This steady upswing is underpinned by tightening regulatory requirements, rising corporate governance expectations, and the accelerating adoption of data-driven audit technologies.
Growth Drivers Behind the European Auditing Services Market
EU Corporate Sustainability Reporting Directive (CSRD) Rollout
Since January 2024, about 50,000 companies in the EU need to show limited proof of their sustainability reports. Around 15,000 of these companies are in Germany. The European Financial Reporting Advisory Group (EFRAG) said in March 2024 that most businesses, almost 78%, already work with outside auditors. These auditors check double-materiality to help with new rules. Because of this, there are more requests for help, mostly for teams that mix checks on the environment, social points, and rules along with regular money audits.
Big Four Investments in AI-Powered Audit Platforms
Deloitte launched “AI Advantage for CFOs” in March 2025. It uses Amazon Bedrock and Anthropic to find risks and spot strange entries in many journal records. KPMG, in March 2024, bought the German SAP company QuadriO. This move brought 70 IT experts who know how to add AI controls to the main planning systems of big companies. The added skills are making the audit process faster, up to 25% quicker based on what clients of both firms report. This is also leading mid-sized clients to move beyond simple check-ups and start looking for more advice services.
National Funding for SME Audit Digitization
The German Federal Office for Economic Affairs launched a “Digital Audit Grant” in July 2024. This program is worth EUR 120 million. It gives small and medium businesses up to 40% money back when they buy cloud audit software and remote-control tools. By February 2025, more than 4,300 small and mid-sized firms had used it. Because of this, digital-audit jobs went up by 31% in one year, as shared by the German Institute of Public Auditors. This funding is helping more clients take part, not just big public companies. It is also helping local audit firms see better long-term earnings.
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Europe Auditing Services Market Segmentation
Analysis by Type
Indoor Audit
Outdoor Audit
Others
Analysis by Service
Operational Audits
Financial Audits
Advisory and Consulting
Investigation Audit
Others
Analysis by Country
Germany
United Kingdom
France
Italy
Russia
Spain
Netherlands
Switzerland
Poland
Others
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Europe Auditing Services Market News
March 2025: Deloitte launched “AI Advantage for CFOs,” an AI-powered platform that automates financial risk detection for audit and advisory clients.
March 2024: KPMG acquired German SAP consultancy QuadriO, adding 70 specialists to strengthen AI-driven audit controls.
July 2024: The German Federal Ministry for Economic Affairs opened a EUR 120 million grant program to subsidize digital audit tools for SMEs.
April 2023: PwC Switzerland acquired Avoras to expand SAP-enabled business transformation services for life-science audits.
Key highlights of the Report:
Market Performance (2019-2024)
Market Outlook (2025-2033)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
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