Based on the forecasted data, the UK's Wholesale of Information and Communication Equipment sector is expected to experience a decline in total internal R&D personnel from 2024 to 2028. The full-time equivalent forecast indicates a consistent decrease, suggesting a declining emphasis on in-house R&D functions within the industry.
The projected year-on-year decrease from 2024 to 2025 is significant, followed by a steady reduction each subsequent year. By 2028, the full-time equivalent count is forecasted to drop considerably from its level in 2023.
Future trends to watch include the potential for increased outsourcing of R&D functions as companies seek to manage costs. Additionally, advancements in automation and AI may further influence R&D employment trends, possibly shifting roles and demands within the sector.
