In 2024, the number of enterprises in the UK accounting, bookkeeping, auditing, and tax consultancy sector is forecast to be 46.28 thousand, continuing a modest growth trajectory from its 2023 standing. The projected increase for subsequent years indicates year-on-year growth of approximately 1.12% for 2025, 1.09% for 2026, 1.08% for 2027, and 1.03% for 2028. This represents a consistent upward trend with a compounded average growth rate (CAGR) of around 1.10% per year over the five years.
Future trends to watch for:
- The impact of technological advancements and automation on enterprise numbers.
- Regulatory changes influencing market dynamics within the sector.
- Potential consolidation or expansion trends as firms adapt to economic conditions.
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- Units (Enterprises)
- 2023
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- Units (Full-Time Equivalent)
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Forecast: Gross Investment in Accounting, Bookkeeping and Auditing Activities; Tax Consultancy Sector in the UK
- Million Pounds Sterling
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- Units (Employees)
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- Units (Employees)
- 2024 to 2028
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- Percent
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