In 2023, the indicator for the Master's or equivalent level, study period and/or work placement stood at 2, maintaining a stable forecast value of 2 from 2024 through to 2027. A modest increase is expected by 2028, with the value rising to 3. The year-on-year variation from 2024 to 2027 is 0%, indicating stability during this period, while a growth of 50% is projected between 2027 and 2028. The compounded annual growth rate (CAGR) over the five-year period from 2024 to 2028 is anticipated to be minimal, reflecting incremental growth.
Future trends to watch for include:
- The impact of changes in educational or occupational policies that might affect the demand for Master's level qualifications.
- Technological advancements that could alter the landscape of higher education, potentially influencing demand trends.
- The influence of global economic conditions on higher education investment and student mobility, particularly as these might drive significant changes post-2028.
