The turnover of management consultancy services in Sweden reached 10.94 billion euros in 2023. Historical data shows fluctuating growth patterns with notable increases from 2013 to 2016, followed by a period of volatility and minor declines. Year-on-year growth from 2021 to 2023 reflected modest increases of around 0.62%. The future forecast indicates a cautious growth trajectory with a projected compound annual growth rate (CAGR) of 0.47% from 2024 to 2028, suggesting stabilization in the market.
Trends to watch for:
- A shift towards digital transformation services and technology consulting.
- Increasing demand for sustainability and ESG-focused consultancy services.
- Potential market consolidation as larger firms acquire specialized boutique firms to expand their service offerings.
