The IT services sector in the UK saw a steady increase in employees from 568.81 thousand in 2013 to 819.29 thousand in 2023, showcasing a robust growth trajectory. Notably, the sector experienced significant year-on-year variations, peaking at 8.4% in 2014, with a relatively moderate CAGR of 2.66% over the last five years leading up to 2023. The forecast from 2024 to 2028 predicts continued growth, although at a slower CAGR of 1.54%. By 2028, the number of employees is expected to reach 902.46 thousand, indicating a forecasted growth rate of 7.94% over five years.

Future trends to watch for:

Technological advancements and digital transformation efforts likely driving demand for IT services jobs.
Potential impacts of economic fluctuations and post-Brexit policies on employment growth.
The influence of remote work and increasing adoption of AI and automation on workforce requirements.