In 2023, the number of persons employed in activities of head offices and management consultancy activities in the UK stood at approximately 693.42 thousand. Forecasts indicate a steady growth trajectory, with employment figures projected to increase annually from 703.83 thousand in 2024 to 744.27 thousand by 2028.
The year-on-year percentage variation from 2024 to 2025 is estimated at 1.48%, from 2025 to 2026 at 1.43%, from 2026 to 2027 at 1.38%, and from 2027 to 2028 at 1.33%. The compound annual growth rate (CAGR) over the five-year period is anticipated to be around 1.42%.
Future trends to watch for include the impact of technology and automation on consultancy practices, potential shifts in the demand for consultants spurred by business transformations, and evolving regulatory environments influencing the management consultancy sector.
