In 2023, the total Internal R&D Personnel in Services in Canada stood at a lower figure prior to the forecasted data for 2024 onward. Forecasting indicates a steady increase from 118.26 thousand FTEs in 2024 to 127.01 thousand FTEs by 2028. This represents a consistent annual growth rate, hinting at a positive trend in the sector driven by innovation demands.

Future trends to watch for include:

Increased investment in AI and digital transformation technologies in the services sector, potentially accelerating personnel growth.
The impact of government policies promoting R&D, which might further enhance resource allocation and development in the sector.
Global economic conditions influencing local R&D activities and talent retention in Canada.