In 2023, the metrics for doctoral or equivalent level education, study period, and/or work placement stood at a value of 6.3. Forecasted data for 2024 to 2028 indicates a consistent upward trend, with values rising from 6.6 to 7.7 by 2028. Year-on-year, the values increase by approximately 6.06% for 2025, 4.29% for 2026, 2.74% for 2027, and 2.67% for 2028. The compound annual growth rate (CAGR) from 2023 to 2028 is projected at about 3.94%.

Future trends to watch:

Increased demand for advanced education driven by technological advancements and evolving labor market needs.
Potential impact of global economic shifts on doctoral education investment.
Integration of digital learning platforms that may alter study and work placement structures.