In 2023, the number of enterprises in the UK's construction of roads and railways stood at 8.85 thousand. Forecasts suggest steady growth, reaching 10.3 thousand by 2028. Year-on-year growth rates from 2024 to 2028 are 3.28%, 3.08%, 2.98%, and 2.79%, respectively, indicating a gradual deceleration. The compound annual growth rate over the five-year period is approximately 2.93%.
Future trends to watch for:
- Government infrastructure investment plans, which could accelerate growth.
- Technological advancements, influencing operational efficiencies and market dynamics.
- Regulatory changes, affecting market entry and competition.