The forecasted number of doctoral or equivalent level study and work placements from 2024 to 2028 shows a gradual increase in volume, starting from 7 s in 2024 to 9 s in 2028. There was consistency in predictions across this period, highlighting a growth trend. In 2023, the value stood at 6 s, marking a substantial predicted growth of approximately 16.7% from 2023 to 2024. The compound annual growth rate (CAGR) projected over the five-year span from 2024 to 2028 is approximately 7.14%, indicating a steady upward trend in placements.
Future Trends to Watch:
- The increasing importance of interdisciplinary research areas may prompt further collaboration between academic and industry sectors, enhancing work placement opportunities.
- Policymakers' focus on innovation and technology could drive the recognition and necessity of doctoral qualifications, likely maintaining or accelerating growth in placements.
