In 2023, the number of researchers in the Business Services sector in Turkey stood at 70,550 persons. This represented a year-on-year increase of 3.41%, continuing a trend of steady growth observed over the past decade. The Compound Annual Growth Rate (CAGR) for the last five years was 3.84%, reflecting a consistent, albeit slowing, upward trajectory in the sector's workforce from 2018 to 2023.
From 2013 to 2020, the number of researchers grew at a varying pace with the CAGR gradually decreasing from 17.29% down to 4.64%. Post-2020, the growth rate stabilized in the mid-single digits, indicating maturity in the market. The consistent year-on-year growth demonstrates robust expansion despite the gradual deceleration.
Looking forward, the forecast for 2024 to 2028 anticipates a more moderated growth with a 5-year CAGR of 2.28% and an overall growth rate of 11.91% over the period. This suggests a slower but ongoing positive trend for researchers in Business Services in Turkey.
Future trends to watch for include potential impacts of technological advancements, automation, and AI on the demand for researchers, as well as macroeconomic factors and policy changes that could influence employment growth in the business services sector.
