As of 2023, the number of persons employed in the management consultancy activities sector in Italy stood at 174.29 thousand. Observing the historical data, there has been a consistent year-on-year increase, with the past two years showing variations of 4.53% (2022) and 4.29% (2023), indicating sustained growth. Over the last five years, the average annual growth rate (CAGR) was approximately 4.9%, demonstrating steady expansion within the sector.
Looking forward, the forecast from 2024 to 2028 shows a continued growth trend, with a forecasted CAGR of 2.88% over the next five years, resulting in a total growth rate of 15.28% by 2028. This suggests that the sector will continue expanding, albeit at a slightly moderated pace compared to recent years.
Future trends to watch for:
- Increasing demand for digital and technological consulting services.
- Growing emphasis on sustainability and ESG (Environmental, Social, Governance) consulting.
- Shifts in regulatory landscapes affecting the consultancy sector.
- Expansion of remote and flexible working models influencing consultant-client interactions.