In 2023, the number of persons employed in high- and medium-high R&D intensive activities in the UK stood at approximately 1.98 million. The forecasted data from 2024 to 2028 shows a steady upward trend, with employment numbers rising from 1.99 million to 2.03 million. The year-on-year percentage variation from 2024 to 2025 is 0.50%, 2025 to 2026 is 0.50%, 2026 to 2027 is 0.50%, and 2027 to 2028 is 0.50%. The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 0.50%.
Future trends to watch for include:
- Impact of technological advancements on job roles within R&D sectors.
- Government policies affecting funding and growth in R&D industries.
- Potential shifts in global markets influencing the demand for R&D-related employment.