The forecast data for total researchers in software publishing in the UK indicates a gradual decline from 2024 to 2028. Starting at 86.59 Full-Time Equivalent (FTE) in 2024, it is expected to decrease to 64.82 FTE by 2028. This declining trend suggests a decrease in research capacity or investment within the sector.
In terms of year-on-year percentage, the decline is consistent, reflecting potential challenges in retaining research talent or funding. The compound annual growth rate (CAGR) further emphasizes a diminishing trend, potentially pointing to strategic shifts in the industry.
Future trends to watch for include:
- Technological advancements that might alter research demands.
- Policy changes impacting funding or talent acquisition.
- Global economic factors influencing the UK's software industry.