Employment in the Management Consultancy Activities sector in Switzerland has shown notable growth over the past decade. In 2023, employment stood at 50.54 thousand full-time equivalents. The sector exhibited varied year-on-year changes, with notable peaks in 2014 (+13.29%) and 2017 (+30.48%), and declines in 2015 (-8.21%) and 2019 (-15.9%). The annual growth rate has moderated recently, with a 4.29% increase in 2022 and a 4.07% rise in 2023. Over the last five years, the sector's average yearly increase (CAGR) was 2.53%. Looking ahead, a steady upward trend is anticipated, with a forecasted CAGR of 2.75% and a cumulative growth rate of 14.53% by 2028.
Future trends to watch include the impact of digital transformation on consultancy services, the increasing demand for specialized advisory in sustainability and ESG (Environmental, Social, and Governance) frameworks, and the potential influence of macroeconomic factors such as regulatory changes and economic volatility on the consultancy landscape.
