From 2013 to 2023, wages and salaries in the management consultancy services sector in Poland exhibited a growth trend, rising from €749.7 million in 2013 to €1950.0 million in 2023. The most notable growth period occurred between 2017 and 2018, with a year-on-year increase of 54.86%. Following this spike, a contraction of -10.41% was observed in 2019. However, the sector resumed growth with minor fluctuations, presenting a year-on-year increase of 4.38% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years up to 2023 averaged at 1.43%.
Future trends to watch for:
- Predicted steady growth, with wages expected to reach €2340.0 million by 2028, presenting a forecasted 5-year CAGR of 2.89%.
- Potential impact of economic conditions and regulatory changes on the sector's growth trajectory.
- Technology and digital transformations altering the landscape and potentially driving further demand for consultancy services.