In 2023, the actual sales in the Social Insurance and Social Welfare sector for businesses with 100-299 persons were not explicitly stated, hindering direct comparison. From 2024, the forecast indicates a consistent year-on-year rise in sales, reflecting positive growth trends with a stable increase rate throughout the period to 2028.
Year-on-year, there is a minimal yet steady increase in values, underscoring stable growth expectations. The compound annual growth rate (CAGR) from 2024 to 2028 will reflect a relatively modest annual growth figure, assuming continued economic stability and demand for social services.
Future trends to monitor include:
- Changing demographics and aging population potentially increasing the demand for social welfare services.
- Government policy changes impacting funding and regulatory environment for social insurance and welfare.
- Technological advancements enhancing service delivery and operational efficiencies within this sector.