The management consultancy services sector in Sweden has shown consistent growth from 2014 to 2023, escalating from €2.99 billion to €5.56 billion. The year-on-year growth rates have generally decelerated over time, from 6.89% in 2014 to 3.61% in 2023. Similarly, the compound annual growth rate (CAGR) declined from 14.66% (2014) to 3.66% (2023), signifying a maturing market.
For the forecasted period from 2024 to 2028, the trend continues with moderate growth, predicting an increase of around 12.56% over five years and a forecasted CAGR of 2.39%. In terms of volume, the sector is anticipated to reach €6.48 billion by 2028.
Future trends to watch for:
- Adoption of digital and AI-driven consultancy solutions.
- Persistent focus on sustainability consulting.
- Increasing demand for specialized skills in data analytics and cybersecurity.
- Emphasis on consulting in strategic restructuring and innovation post-pandemic.
