The employment trend in Computer Consultancy Services in the UK has exhibited steady growth from 2013 to 2023, reaching 402.9 thousand employees in 2023. Employment increased markedly in the mid-decade, peaking with a year-on-year variation of 12.62% in 2014. However, the growth rate stabilized, averaging an annual CAGR of 1.06% from 2018 to 2023.
Year-on-year variations were:
- 2021: 1.6%
- 2022: 1.54%
- 2023: 1.49%
The projected CAGR from 2023 to 2028 stands at 1.06%, indicating modest growth, with a forecasted total growth rate of 5.39% over five years.
Future trends to watch for include the impact of technological advancements, changes in outsourcing practices, and potential economic fluctuations, which could influence employment dynamics in this sector.