In 2024, the total internal R&D personnel in telecommunications in Canada is projected to be at 4.43 thousand full-time equivalents, a slight increase from the estimated figure in 2023. The forecast shows a consistent upward trend, with a year-on-year growth rate of approximately 1.8% leading to 4.74 thousand by 2028. This steady growth underscores a commitment to innovation within the industry. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is expected to be around 1.7%, reflecting progressive expansion.
Future trends to monitor include advances in 5G technology, which may drive increased R&D activities; investments in sustainability and green telecommunications; and the integration of artificial intelligence, which could redefine R&D personnel needs and requirements in terms of skill sets.
