The gross investment in the management consultancy sector in Denmark saw significant fluctuations from 2013 to 2023. High highs and low lows characterized this period, peaking at 390.8 million DKK in 2015 and dropping as low as 144.1 million DKK in 2019. Recently, from 2022 to 2023, there was a slight decline, with a year-on-year decrease of approximately 3.41%, resulting in a value of 189.8 million DKK in 2023. Over the last five years, the sector witnessed an average annual decrease of -10.96% CAGR.
Looking ahead from 2024 onwards, the forecast suggests a continual but gradual decline, averaging a -2.36% CAGR over the next five years. This would result in a forecasted total decrease of 11.27% by 2028.
Future trends to watch for:
• Emerging digital transformation initiatives in consultancy services.
• The integration of AI and machine learning in consultancy practices.
• Economic factors such as post-pandemic recovery and EUR-DKK exchange rates.
• Increasing demand for specialized consultancy in sustainability and ESG (Environmental, Social, and Governance). As the focus shifts towards sustainable business practices, consultancy firms catering to ESG criteria may see new investment opportunities.
