The employment in the management consultancy activities sector in Austria has shown a relatively steady growth trajectory from 2013 through 2023, increasing from 13.18 thousand FTE to 14.76 thousand FTE. The data indicates some year-on-year fluctuations, with notable drops in 2015 and 2016, followed by a recovery period. The sector experienced an average annual growth rate of 1.93% over the last five years up to 2023.

From 2024, which is forecast data, the employment in this sector is expected to continue its upward trend, reaching 15.71 thousand FTE by 2028. The five-year CAGR from 2024 to 2028 is projected to be 0.99%, highlighting more modest but steady growth compared to previous periods.

Future trends to watch for:

Technological advancements and digital transformation could spur demand for consultancy services.
Economic factors and market uncertainties may impact employment levels.
Sustainability and green consultancy may emerge as significant growth areas.