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.