The forecast for Master's or equivalent level suggests a sharp increase from 2023, where the number was at 0, to a steady holding of 1 from 2025 onwards. This represents a significant growth rate from 2024. The year-on-year variation between 2024 and 2025 is infinite due to starting from zero, and there is no further change from 2025 to 2028. The compound annual growth rate (CAGR) from 2023 to 2028 is incalculable at this stage due to the initial zero value, indicating an outlier growth in the first year which then plateaus.
Future trends to watch for include:
- Potential stabilization or further growth beyond 2028, which could alter current plateau projections.
- External factors affecting educational credentials demand might cause variations in the currently forecasted static values.
