Executive search worldwide - Statistics & Facts

The largest market for executive search services is the United States, with almost one quarter of executive search firms being located there. However, this fact does not tell the full story as over half of executive search firms operate globally. This is perhaps not surprising given that many companies want to hire the best talent for their high-level positions, regardless of where this talent may be located. This extended reach is one of the main reasons that companies choose a specialized executive search firm over other recruitment methods. Further reinforcing the attractiveness of sourcing candidates across a variety of markets is the widespread perception of a worsening skills shortage for high-level talent.

By far the largest executive search firm is Los Angeles-based Korn Ferry, which as of 2019 is the only firm to generate an annual revenue of over one billion U.S. dollars. Korn Ferry’s revenue profile reflects the industry as a whole: the majority of their revenue is generated from the North American market; and their client base is spread across a range of industries, with the industrial sector being noticeably larger while the education/not-for-profit sector is noticeably smaller. The next largest firms are Switzerland-based Egon Zehnder and Chicago-based Spencer Stuart, although both these firms generate less than half the revenue of Korn Ferry.

This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.