The turnover of Management Consultancy Services in Italy has shown a steady growth from 2013 to 2023, with actual 2023 value standing at 20.38 billion Euros. Year-on-year variation shows an overall positive trend despite a few fluctuations, including a dip in 2020 due to the pandemic’s impact. Over the last two years, the average annual growth rate has been around 4.23%. Analyzing the last five years, the compound annual growth rate (CAGR) stood at 4.4%, indicating sustained growth in the sector.

Looking ahead from 2024 to 2028, the forecast indicates a continuous, albeit slightly slower, growth pattern with an expected CAGR of 2.79%. The projected total growth over this period is 14.74%, reaching a turnover of 24.31 billion Euros by 2028.

Future trends to watch:

Increasing demand for digital transformation services.
Growth in specialized consultancy services, particularly in sustainability and ESG-related areas.
Potential market consolidation with mergers and acquisitions.
Impact of emerging technologies such as AI and machine learning on consultancy offerings.