The total internal R&D personnel in the Canadian publishing sector is expected to see modest growth from 2024 to 2028, increasing from 2.03 thousand in 2024 to 2.27 thousand in 2028. From 2023 to 2024, the industry will experience an expected rise from the previous year (actual data from 2023 not provided), and the average annual growth rate over the five-year period is estimated to be around 2.25%.
Looking towards the future, key trends in the Canadian publishing industry to watch include:
- Increased digital transformation, influencing the type and extent of R&D activities.
- Greater adoption of AI and machine learning for content creation and distribution.
- Expansion into multimedia and interactive content to cater to evolving consumer preferences.