The number of persons employed in Management Consultancy Services in Sweden exhibited a growth phase from 2013 to 2017, with 2016 showing the highest year-on-year increase of 6.53%. However, starting from 2018, a decline set in, with the employee count significantly decreasing in the subsequent years. The 2020 pandemic exacerbated the downward trend, culminating in a drastic year-on-year reduction of 8.48%. By 2023, the employment figure stood at 59.55 thousand, marking a 5.87% drop from the previous year. The five-year CAGR leading up to 2023 reflects an average annual decrease of 4.26%. Forecasted data suggests this negative trend will continue, with a projected five-year CAGR of -5.76%, and an overall reduction of 25.65% by 2028.
Future trends to watch for include potential technological advancements that may disrupt traditional consultancy roles, an increasing reliance on digital transformation creating new job categories, and evolving economic conditions influencing the demand for consultancy services. Monitoring these areas will be crucial for anticipating shifts in employment trends within the industry.
