Based on the forecast, the number of employees in bicycle, horse, motorcar, and motorboat race track operations and companies in Japan is expected to decrease from 24.75 thousand in 2024 to 22.08 thousand by 2028. This presents a clear downward trend with a year-on-year average decrease of approximately 2.8% over the forecasting period. The compound annual growth rate (CAGR) for 2024 to 2028 reflects a decline as well, suggesting a consistent reduction in employment in this sector.

Future trends to watch for:

Technological advancements might lead to automation, reducing the need for human labor.
Increasing popularity of digital betting options could influence traditional operations.
Potential regulatory changes might impact operations and employment needs.