Forecast: Self-Employed People in Scientific Research and Development Sector in Austria

From 2013 to 2023, the self-employed people in the scientific research and development sector in Austria saw fluctuations. The volume stood at 2.53 million hours in 2023, marking a 4.94% increase compared to 2022. Notable variations include a significant dip in 2017 by 8.38% and a sharp rise in 2019 by 16.01%. Over the last five years, the cumulative annual growth rate (CAGR) was 0.58%, indicating modest growth after overcoming earlier declines.

Key trends to watch for in future forecasts (2024-2028) denote a stable volume, hovering around 2.53 - 2.54 million hours. The projected five-year CAGR at 0.06% points to an almost stagnant growth. Observing potential disruptive technologies and economic policies will be crucial for understanding future trends.

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