The number of persons employed in management consultancy services in Norway has shown a consistent upward trend over the past decade. From 12.64 thousand employees in 2013 to 17.08 thousand in 2023, the sector has experienced varied year-on-year changes: starting with a 4.1% increase in 2013, peaking at a 6.1% rise in 2015, and then tapering to lower growth rates such as 0.16% in 2020. More recently, there was a 2.53% increase in 2023. Over the past five years, the average annual growth rate (CAGR) stood at 2.27%.
The forecast for the number of employees in management consultancy services from 2024 to 2028 suggests continued, albeit modest, growth. The number is projected to rise to 19.13 thousand by 2028, implying a 9.3% increase over five years with an average annual growth rate (forecasted CAGR) of 1.79%.
Future trends to watch for include potential impacts of digital transformation, automation, and shifts in economic policies that may affect the demand for consultancy services. Additionally, an increased focus on sustainability and ESG criteria could open new advisory avenues, consequently influencing employment patterns in the sector.
