In 2023, the number of work placements at the bachelor's or equivalent level was at a certain baseline value. Moving forward, the forecast from 2024 to 2028 shows a progressive increase in work placements, demonstrating a compound annual growth rate over these years. Year-on-year growth percentages reflect steady growth, with an initial strong increase from 2024 to 2025, followed by a moderate rise through 2028. This indicates a positive trend in the demand and supply of work placements, likely fueled by industry needs and educational partnerships.
Future trends to watch for include potential shifts in industry demands influencing the volume of placements, the impact of technological advancements on placement types, and the sustainability of this growth given economic conditions and educational policy changes. Stakeholders should monitor these dynamics to adapt strategically.
