From 2013 to 2023, the number of persons employed in the management consultancy activities sector in Spain has shown a strong upward trend. The sector grew significantly from 51.45 thousand employees in 2013 to 103.3 thousand employees in 2023. Notable peaks in year-on-year growth were seen in 2017 with a 16.24% increase and 2014 with a 13.62% increase. The sector experienced a minor dip in 2018, but overall, it has sustained robust growth. The period from 2018 to 2023 saw more moderate but consistent growth, with the last five-year CAGR standing at 5.06%.

Looking forward to the forecast period from 2024 to 2028, the sector is expected to grow at a more moderate CAGR of 1.83%, reaching 115.91 thousand employees by 2028. This indicates a continued, albeit slower, expansion trajectory.

Future trends to watch for:

Increased digital transformation of consultancy services.
Shift towards remote and hybrid work environments impacting employment numbers.
Growth in specialized consultancy services such as cybersecurity and sustainability.