The number of persons employed in the management consultancy sector in Sweden saw significant growth from 2013 to 2017, with year-on-year increases averaging around 4-6%. From 2018 onwards, the sector began to experience declines, with a notable drop of -8.4% in 2018 and continued decreases through 2023, which stood at 59.55 thousand employees. In 2024, the downward trend persists with a forecasted employment count of 55.87 thousand employees. Future projections indicate a consistent decline through 2028, with an average annual decrease (CAGR) of -5.76% over the next five years.
Future trends to watch for:
- Ongoing digital transformation in consultancy business models which could affect employment needs.
- Potential impact of economic fluctuations and recovery post-pandemic on the consultancy sector.
- Changes in client demand for management consulting services and shifts in strategic focus areas.