Forecast: Number of Enterprises of Business and Other Management Consultancy Activities in the UK

In 2023, the number of enterprises in business and management consultancy activities in the UK stood at an actual figure of 193 thousand. The forecasted data indicates a steady year-on-year growth rate, with a percentage increase of approximately 1.8% from 2024 to 2025, followed by similar increments in the subsequent years. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is forecasted to be around 1.7%.

Future trends to watch for include:

  • Increased demand for digital transformation and sustainability consulting services.
  • Potential market consolidation as larger firms acquire smaller niche companies to broaden service offerings.
  • Impacts of economic factors like Brexit, which may create new opportunities or challenges for business consultancy in the UK.

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