The number of persons employed in Computer Consultancy Services in Belgium reached 70.2 thousand in 2023. From 2013 to 2023, the employment trajectory has been predominantly positive, with the lowest employment in 2014 at 44.95 thousand. Over the last decade, the sector experienced steady growth, with notable jumps in employment figures starting from 2016, visibly accelerating after 2017.
Year-on-year employment growth has varied, showing an overall positive trend: from 1.74% in 2013 to 3.23% in 2023, with the largest annual increase of 9.67% between 2017 and 2018. Over the past two years, the year-on-year growth slightly decreased, moving from 3.52% in 2021 to 3.37% in 2022, and to 3.23% in 2023. The average annual growth rate (CAGR) over the last five years stood at 4.06%.
Looking forward, forecast data indicates a continued rising trend, with the number of employees expected to reach 80.84 thousand by 2028, reflecting a 2.24% CAGR for the next five years. This growth suggests an incremental but stable increase in employment.
Future Trends to Watch:
- Technological advancements and digital transformation driving demand for consultancy services.
- Increased importance of cybersecurity and cloud services necessitating specialized skills.
- The impact of artificial intelligence and automation on job roles and employment patterns.
- Potential economic fluctuations and their influence on company budgets for consultancy services.
