The number of employees in the management consultancy sector in Turkey has shown a steady increase from 2013 to 2023. In 2023, the employment in this sector stood at 80.48 thousand. Over the past decade, year-on-year growth rates have fluctuated, but a general upward trend is evident. The sector saw the most significant growth between 2014 and 2016. The last two years, 2022 and 2023, witnessed a growth rate of 6.9% and 6.39% respectively. The compound annual growth rate (CAGR) for the past five years (2019-2023) stands at approximately 4.64%.
Future forecasts predict a continuous upward trend in employment within the sector. By 2028, the number of employees is expected to reach nearly 103.93 thousand, with an anticipated five-year CAGR of 4.04% and a total growth rate of 21.89% over the same period.
Future trends to watch for:
- Impact of technological advancements and digital transformation on consultancy services.
- Increasing demand for specialized consultancy in sectors like cybersecurity and sustainability.
- Potential economic fluctuations and regulatory changes that could affect business operations and employment in the sector.