In 2023, Japan's total R&D personnel were at 956.72 thousand full-time equivalents (FTE). The forecast indicates a steady increase, with a 0.70% year-on-year growth rate projected from 2024 to 2028. The 5-year compound annual growth rate (CAGR) is approximately 0.67%, highlighting a consistent upward trend in R&D personnel.
Future trends to watch for:
- Government and corporate initiatives to further bolster R&D investment, possibly accelerating personnel growth.
- Technological advancements potentially impacting demand for specific skills and roles within R&D departments.
- Global economic influences and talent competition affecting Japan’s ability to attract and retain R&D talent.