In 2023, the value stood at an undefined level, but subsequent forecasts from 2024 to 2028 indicate a steady increase from 14.15 to 14.39 s. The projected year-on-year growth is fairly modest, suggesting a stable demand for doctoral or equivalent level study periods and work placements. The Compound Annual Growth Rate (CAGR) over these five years remains minimal, reflecting gradual but consistent growth.
Future trends to watch for include technological advancements impacting educational methodologies, evolving industry demands that could increase or decrease investment in doctoral studies, and global economic factors influencing funding and resources for higher education.
