The number of enterprises in the Accounting, Bookkeeping, and Auditing Activities; Tax Consultancy sector in Germany is projected to decrease steadily from 2024 to 2028. In 2023, the count stood at approximately 48.90 thousand enterprises. The forecasts indicate a progressive decline, with year-on-year reductions averaging around 5% each year. Over these years, there is a clear downward trend, with a Compound Annual Growth Rate (CAGR) of roughly -5%.
Future trends to watch for include:
- Increasing use of automation and AI-driven tools may reduce the need for traditional firms.
- Regulatory changes and tax reforms could further impact the business environment and the number of active enterprises in the sector.
- Consolidation in the industry might lead to smaller firms merging to maintain competitiveness.
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