In 2023, the number of short-cycle tertiary education programs with study periods or work placements stood at a baseline. From 2024 to 2028, the forecast data indicates moderate growth: a 50% increase is evident over this five-year period. Year-on-year growth unfolds progressively at 50% from 2024 to 2025, stabilizing at 0% from 2025 to 2027, and finally ticking upwards by about 33% in 2028. The compound annual growth rate (CAGR) for this five-year term is approximately 16%.
Trends to watch for include potential shifts in demand due to economic factors and evolving industry needs. Increasing the integration of technology in education and the focus on specific skill sets could further influence enrollment patterns in short-cycle programs.
