As of 2023, the number of persons employed in collection agencies and credit bureaus services in Italy was approximately 12.5 thousand. The forecasted data from 2024 to 2028 shows a steady increase, with employment reaching 13.33 thousand by 2028. The year-on-year growth rate is consistent, averaging around 1.3% annually over this period. The compound annual growth rate (CAGR) from 2023 to 2028 stands at approximately 1.29%, indicating a modest yet robust expanding trend in the sector.
Future trends to watch for:
- Technological advancements may increase efficiency, potentially affecting employment dynamics.
- Regulatory changes within the EU could create shifts in demand for credit management services.
- Economic factors such as consumer debt levels may drive further growth in the sector.