In 2023, the metric for doctoral or equivalent level study periods stood at a value of 3. From 2024 onwards, this value remains constant through 2026, indicating stability. In 2027, we observe a 33.3% year-on-year increase as the value rises to 4, continuing into 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) suggests a moderate upward trend influenced primarily by the increase observed in 2027.
Future trends to watch for include:
- Potential continued growth beyond 2028 as higher education demand accelerates.
- Variability could arise from changes in educational policies or funding.
