The employment in the management consultancy activities sector in Italy experienced various fluctuations from 2013 to 2023. Starting at 50.25 thousand full-time equivalents (FTE) in 2013, it showed a decrease in 2014, followed by a significant rise until 2019, briefly dipping in 2020 possibly due to the global pandemic, then continued to grow steadily reaching 82.34 thousand FTE in 2023, marking a 3.41% year-on-year increase. The compound annual growth rate (CAGR) over the past five years stood at 3.34%.
Future trends include:
- Continued steady growth to 95.55 thousand FTE by 2028
- An anticipated slower CAGR of 2.36% over the next five years
- A total forecasted growth of 12.37% by 2028
Future trends to monitor:
- Technological advancements and their impact on consultancy practices.
- Economic fluctuations and regulatory changes affecting the industry.
- The adoption and impact of AI and automation in consultancy processes.
