In 2023, the employment in Hungary's management consultancy sector stood at 28.03 thousand FTEs. Over the last two years, the sector experienced a growth of 3.31% in 2022 and 3.17% in 2023. The five-year CAGR leading up to 2023 was 1.72%, indicating modest growth. From 2014 to 2019, the sector saw substantial fluctuations, including a notable 9.81% rise in 2014 and a sharp decline of 10.14% in 2019. However, the post-2020 period has been characterized by steady growth, with a projected CAGR of 2.21% from 2024 to 2028.
Future trends to watch for include the impact of digital transformation, increased demand for sustainability consulting, and potential economic fluctuations affecting the sector’s growth trajectory. Additionally, geopolitical developments and regulatory changes could significantly influence employment within the industry.
