The sector experienced robust growth from 2013 to 2022, with an average CAGR of approximately 3.61%. The year-on-year growth rate peaked in 2021 at 6.66%, suggesting a resilient post-pandemic recovery. Forecasts for 2023 to 2028 indicate a moderate growth trajectory with a 5-year CAGR of 2.03%, reflecting a more stabilized market environment.
Future trends to watch include increased digitalization, the impact of remote working on consultancy operations, and emerging demand for ESG-focused advisory services, which are likely to drive future growth.
