In 2023, the number of persons employed in the wholesale of computers, computer peripheral equipment, and software sector in the UK was reported to be approximately 38.6 thousand. From 2024, the employment figures are expected to decline, demonstrating a gradual decrease each year through 2028 where it is forecasted to be 36.44 thousand. The year-on-year percentage change shows a downturn trend, with each year seeing a small but steady reduction in workforce size. Over the 5-year forecast period, the Compound Annual Growth Rate (CAGR) is anticipated to be negative, reflecting an average annual decrease in employment numbers.
Future trends to monitor include technological advancements that could influence employment dynamics and the shift toward cloud services and automation, which may further impact the workforce requirements in this sector. Additionally, regulatory changes and market competition will be crucial elements shaping future employment trends.
