Forecast: Total Internal R&D Personnel in Manufacture of Computers and Peripheral Equipment in Canada

The forecasted data for internal R&D personnel in the manufacture of computers and peripheral equipment in Canada indicates a slight declining trend. From 2024 to 2028, the full-time equivalent personnel is expected to decrease steadily from 625 to 597. This reflects a year-on-year average decrease of approximately 1.1%. As of 2023, this number stood below 625, given the consistent downward trend seen in the forecasted years. The compound annual growth rate over the five-year period is negative, underscoring a contraction in R&D personnel resources.

Future trends to watch for include technological advancements that may alter the demand for specific R&D skills, government policies affecting R&D funding, and shifts in global competitive dynamics that might influence the Canadian market. Additionally, potential industry disruptions from emerging technologies like quantum computing and AI could impact personnel requirements.

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