Between 2024 and 2028, the forecast for Bachelor's or equivalent level study periods and/or work placements shows a consistent upward trend. Starting from a base value of 70 in 2024, the forecast reflects a steady increase, reaching a value of 84 by 2028. This indicates a year-on-year growth rate of approximately 5% and a Compound Annual Growth Rate (CAGR) of nearly 4.65% over the five-year period.
The values for 2023 are not specified, but assuming they are less than 70, the forecast suggests a continued positive trajectory. Factors contributing to this growth and variations might include an increase in higher education participation, shifts in labor market requirements, and evolving educational policies.
Future trends to watch for include the potential impact of technological advancements on educational demands, changes in international student mobility, and economic conditions affecting funding and access to higher education opportunities. Keeping an eye on these trends will provide valuable insights for educational institutions and policy-makers.
