The forecast for R&D Technicians Density in South Africa from 2024 to 2028 shows a steady increase. The values are projected to rise from 142.54 persons per million in 2024 to 147.71 persons per million in 2028. This consistent growth reflects a positive trend in the investment in and importance of R&D activities in the country. Compared to 2023, where the density stood at 141.21 persons per million, there is an observable year-on-year growth of around 0.94% to 1.06% from 2024 to 2028. The Compound Annual Growth Rate (CAGR) over the last five years is approximately 1.07%.
Future trends to watch for include:
- Continued investment in higher education and vocational training to increase the supply of skilled R&D technicians.
- Government policies and incentives aimed at promoting R&D activities.
- Collaboration between the private sector and academic institutions to further drive technological innovation and research infrastructure.
