In 2023, the actual number of doctoral or equivalent level study periods and/or work placements stood at a notable baseline. Forecast data from 2024 to 2028 suggests a progressive increase from 42 to 49. This reveals a consistent growth trend with each year exhibiting an increase in value by approximately 4.76% for the earlier years and slightly tapering off to a 2.08% increase in 2028. The Compound Annual Growth Rate (CAGR) over this five-year period projects a robust average annual increase indicative of sustained growth.
Future trends to watch for include:
- Increased funding or policy changes impacting doctoral programs could alter projected growth rates.
- Evolving industry demands might influence the structure and scale of work placements.
- Technological advancements driving new research areas and potential shifts in doctoral candidate preferences.