In 2023, the turnover in Italy's wholesale sector on a fee or contract basis was estimated at approximately 24.30 billion euros. The forecasted turnover for 2024 onward shows a declining trend, starting at 24.12 billion euros in 2024 and gradually decreasing to 23.58 billion euros by 2028. The year-on-year decline remains consistent at approximately 0.5% to 0.6%, leading to a Compound Annual Growth Rate (CAGR) of around -0.7% over the five-year period from 2024 to 2028.
Future trends to watch for in this sector include:
- The impact of technological advancements on operational efficiencies
- Changes in regulatory frameworks affecting transaction fees
- Market diversification and new service models to offset the declining trend
