Forecast: Number of Persons Employed in Advertising and Market Research Sector in the UK

The UK advertising and market research sector is projected to see steady growth over the coming years. In 2024, employment is forecasted to reach approximately 165,540 employees, climbing gradually to about 167,620 by 2028. This reflects a modest but consistent year-on-year growth rate, averaging around 0.62% per year. Based on historical data, the employment figures stood at approximately 164,800 in 2023. Over this 5-year forecast period, the Compound Annual Growth Rate (CAGR) is expected to be approximately 0.31%, indicating a stable upward trend.

Key future trends to watch in the advertising and market research sector include:

  • Increasing digital transformation and reliance on data analytics, influencing talent demand.
  • Shifting consumer preferences and the rise of digital marketing channels.
  • Economic fluctuations and potential regulatory changes impacting hiring strategies.

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