From 2013 to 2023, the employment in the Market Research and Public Opinion Polling sector in Spain has had noticeable fluctuations. The sector experienced a particularly significant drop in 2020, following which it rebounded strongly. As of 2023, the sector stood at 13.14 thousand full-time equivalents, marking a year-on-year increase of 6.95% from 2022. The compound annual growth rate (CAGR) over the last five years has been 3%, reflecting a generally positive trend.
Over the forecasted period from 2024 to 2028, continued growth is expected. The employment is predicted to increase with a 5-year CAGR of 1.74%, reaching 14.7 thousand by 2028. This steady growth suggests a healthy and expanding sector.
Future trends to watch for:
- The impact of technological advancements and automation on employment figures.
- Changes in demand for market research services, possibly driven by evolving business climates and consumer behaviors.
- The influence of new regulatory environments and economic policies on the sector’s growth.