From 2013 to 2023, the production value of business and other management consultancy activities in Denmark saw a general upward trend, growing from €2.28 billion to €4.16 billion. Significant growth periods include 2016-2017 with an 8.43% increase and 2018-2019 with a 13.23% increase. However, 2020 experienced a 5.2% decline due to various market disruptions, rebounding with a 4.97% increase in 2021. In 2023, the value stood at €4.16 billion, marking a 3.61% rise from the previous year.
Future trends to watch for:
- The forecast indicates a steady increase with a 5-year CAGR of 2.48% up to 2028.
- Emerging technologies and needs for digital transformation may drive consultancy demands.
- Economic uncertainties and global market shifts could impact year-on-year growth rates.
