Forecast: Employment in Advertising and Market Research Sector in Austria

Employment in the Advertising and Market Research sector in Austria stood at 13.9 thousand Full-Time Equivalent positions in 2023. Observing the historical trend, employment peaked at 15.53 thousand in 2018, then exhibited a declining trend, with notable drops observed during 2020 and subsequent years.

From 2022 to 2023, employment decreased by 0.41%. The sector's Compound Annual Growth Rate (CAGR) over the last five years was -2.19%, highlighting a consistent decline.

Looking forward, the forecast data suggests a continued decline in employment, with a predicted annual average decrease of 0.32% over the next five years, reaching 13.62 thousand by 2028.

Future trends to watch for:

  • Impact of digital transformation and automation in advertising and market research operations
  • Economic factors influencing marketing budgets in businesses
  • Demand for specialized skills and new job roles emerging in response to industry changes

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