The employment in software publishing in Belgium experienced fluctuating trends between 2013 and 2023. Employment fell from 2013 to 2014 but saw a significant increase in 2015, jumping by over 43%. The most substantial growth occurred between 2015 and 2017, with a high year-on-year increase peaking at 57.38%. Although there was a decline in 2018, subsequent years showed a steady rise, culminating in 1780 employees by 2023. The most recent CAGR stands at 6.87% for the last five years, indicating moderate growth.
Future trends to watch for include:
- Continued steady growth with an expected CAGR of 3.23% from 2024 to 2028.
- Potential fluctuations based on economic conditions, technological advancements, and market demands.
