In 2023, the number of students enrolled in a Master's or equivalent level program, considering study periods or combined with work placement, stood at 6s. The forecast for 2024 maintains this level, while a slight decline is expected from 2025 to 2028, stabilizing at 5s annually. The year-on-year variation from 2023 to 2024 shows a 0% change. Subsequently, a consistent decrease of approximately 16.67% is projected for 2025, before stabilizing at no change through to 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) would be approximately -3.23%.
Future trends to watch:
- Monitoring shifts in educational policy and economic conditions that could influence enrollment numbers.
- Examining potential increases in demand for combined study and work placements, which could offset the predicted stabilization.