The employment in the management consultancy activities sector in Norway increased from 7.98 thousand FTEs in 2013 to 10.05 thousand FTEs in 2023, showing steady growth. Key turning points included a minor decline in 2015 and a robust recovery in 2017, reflecting the sector's resilience and adaptability. The employment increased by 2.46% from 2022 to 2023.
Forecasts from 2024 to 2028 show continued growth, with a projected rise to 11.22 thousand FTEs by 2028. The 5-year forecasted CAGR is 1.75%, indicating a slower but steady growth reflective of market maturation.
Future trends to watch for include the impact of digital transformation, increased demand for data analytics, and continuous adaptation to regulatory changes, which may spur further growth in specialized consultancy services.