Between 2013 and 2023, the number of employees in the management consultancy activities sector in Germany has shown a general upward trend, with a noticeable dip in 2020 due to the effects of the COVID-19 pandemic. The sector experienced significant growth with a year-on-year variation peaking at 11.57% in 2014 and a five-year CAGR of 2.55% as of 2023, where it stood at 207.07 thousand employees.
From 2024 onward, the forecasted data show continued growth in employment, with a five-year CAGR of 2.29%, indicating a steady but slower growth rate. By 2028, the sector is expected to employ around 239.28 thousand people, representing a forecasted growth rate of 12% over the next five years.
Future trends to watch for include the increasing influence of digital transformation, the integration of artificial intelligence, and sustainability consultancy. These factors could drive further growth and reshape the sector in the coming years.