From 2023, with an employment estimation of 891,000 persons, the number of people employed in high R&D intensive activities in Germany is projected to increase steadily. By 2024, this number is forecasted to reach 900,000, representing a 1% year-on-year growth from the previous year. This upward trend continues annually, leading to a projected figure of 936,000 by 2028. The Compound Annual Growth Rate (CAGR) over this period is approximately 1%.
Future trends to watch for:
- Increased automation and digitalization could impact employment levels, requiring shifts in skillsets.
- Government policies and funding for R&D may influence growth in this sector.
- Global economic conditions and competition could affect demand for R&D intensive activities.