The forecast for Bachelor's or equivalent level, Work placement, reveals a growth trend from 2024 to 2028, with values increasing steadily each year from 25 to 48. Year-on-year growth consistently ranges around 19-21%. In comparison, in 2023, the actual number stood below 25, indicating robust future growth outlook. The compound annual growth rate (CAGR) over the five-year forecast period averages around 17%, illustrating strong positive momentum.
Future trends to watch for include:
- Continued emphasis on work placements improving employability for graduates.
- Potential economic factors influencing the demand and supply of work placements.
- Technological advancements providing new opportunities for virtual and remote work placements.
