Between 2024 and 2028, the forecast data for doctoral or equivalent level study periods or work placements shows a consistent increase in the total number, growing from 9 in 2024 to 14 by 2028. This indicates a steady upward trend with a compound annual growth rate (CAGR) of approximately 11% over the five-year period, reflecting a positive growth trajectory.
In 2023, the value stood at 8, thus the growth from 2023 to 2024 is 12.5%. Moving year-on-year, there is an increment of approximately 11% in 2024-2025, 10% in 2025-2026, 9% in 2026-2027, and 16.7% from 2027-2028, showcasing consistent growth in this academic and professional sector.
Future Trends to Watch for:
- Increasing demand for doctoral level qualifications driven by technological advancements requiring specialized knowledge.
- Potential growth in international study placements as globalization continues to influence academic collaborations.
- Fluctuations in funding and policy changes that could impact the accessibility and attractiveness of these programs.
