In 2023, the production value of management consultancy services in Italy stood at 18.88 billion Euros. The value series reveals steady growth, except for a dip in 2020 due to external economic disruptions. The past two years have shown mild increases, with 2021 and 2022 showing growth rates of 1.44% and 1.04%, respectively. The 2023 growth rate of 1.01% reflects a relatively stable market. Over the last five years, the CAGR stands at 1.88%, indicating a moderate average annual growth rate.
Looking ahead, forecasted data suggest a continued upward trajectory, albeit at a more modest pace, with the five-year CAGR projected at 0.74%. Key trends to watch for include the impact of digital transformation and economic fluctuations on consultancy services demand.
