In 2023, the number of persons employed in legal and accounting activities, activities of head offices, and management consultancy activities in Germany stood at 1.56 million units. The forecasted year-on-year increases are approximately consistent at 1.3% from 2024 through 2028. From 2023 to 2028, the compound annual growth rate (CAGR) is expected to be about 1.3%. This reflects a stable upward trend in employment, indicating a steady demand in these sectors.
Future trends to watch for include:
- Possible impact of digital transformation on employment patterns, especially in legal and accounting sectors.
- The role of emerging technologies, such as AI and automation, on job roles and efficiency.
- Economic fluctuations or policy changes that could influence demand for consulting services.