Forecast: Production Value of Management Consultancy Services in Austria

The production value of management consultancy services in Austria has shown consistent growth from 2013 to 2023, reaching 3.27 billion Euros in 2023. Year-on-year percentage changes have fluctuated, with significant growths in 2014 (6.93%), 2016 (6.16%), and 2019 (6.75%). Periods of slight decline were observed in 2018 (-1.94%) and 2020 (-0.45%). The 5-year CAGR from 2018 to 2023 was 2.86%.

The forecast indicates continued growth, with the production value expected to reach 3.65 billion Euros by 2028. Future trends to watch for include:

  • Continued digital transformation driving demand for consultancy services.
  • Increased focus on sustainability and ESG (environmental, social, and governance) criteria.
  • Greater emphasis on data analytics and AI integration.

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