In 2023, the doctoral or equivalent level study period and/or work placement stood at an estimated value of 11. The forecasted data from 2024 to 2028 indicates a steady year-on-year growth of approximately 8.33%, reaching a value of 16 by 2028. This overall growth translates to a 5-year compound annual growth rate (CAGR) of approximately 8.33%.
Future trends to watch for:
- The increasing demand for specialized expertise may drive further growth in doctoral program enrollments.
- Institutions might enhance work placement opportunities to align with industry needs, impacting study period structures.
- External factors such as funding changes or technological advancements could alter projected growth trajectories.
