In 2023, the baseline value stood at 30 units. Over the forecast period, the data shows a steady year-on-year increase in the figure, with a 9.1% increase expected in each subsequent year from 2024 through 2028. By 2028, this indicator is projected to reach 45 units, reflecting continuous growth. The Compound Annual Growth Rate (CAGR) over this five-year period from 2024 to 2028 is approximately 8.9%.
Future trends to watch for include:
- The impact of economic conditions on educational enrollments, which could affect demand for master's programs.
- Innovations in digital learning technology, which may drive further growth or alter traditional study models.
- Policy changes related to higher education funding or international student recruitment, potentially influencing enrollment trends.
