Forecast: Turnover in Management Consultancy Activities Sector in Turkey

The management consultancy sector in Turkey exhibited robust growth from 2013 to 2023, with turnover increasing from 4.26 billion to 27.29 billion New Turkish Liras. The annual variations fluctuated, peaking at 35.03% in 2017 but moderating to 12.15% by 2023. Over the past five years, the sector achieved a compound annual growth rate (CAGR) of 16.17%, indicating sustained growth despite recent slowing.

Looking forward, the turnover is projected to continue its upward trajectory, reaching 41.01 billion by 2028, yielding a forecasted 5-year CAGR of 6.33% and a 35.91% total growth rate. Future trends to watch for include the impact of digital transformation, increased demand for specialized consultancy services, and potential economic fluctuations.

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