The executive search market rebounded in 2024 with 4% annual growth, thanks to a strong first half of the year. The rebound comes after two straight years of shrinking market activity. Though a solid market rebound, quarterly trends suggest caution: The year ended with another quarter-over-quarter decline in newly opened searches in Q4, the third straight quarter that happened. Q4 also posted a year-over-year decline in opened searches of -1%, the only negative YoY comp of 2024. In the coming weeks, we’ll be releasing our annual report on executive compensation and hiring benchmarks, where we’ll analyze this data (and more) by asset class and function, among other views.