The data on self-employed people in the scientific research and development sector in Belgium indicates a stable trend from 2013 to 2016, with the number remaining constant at 200 persons. A significant increase of 50% was observed in 2017, reaching 300 persons. This level sustained through to 2023. The Compound Annual Growth Rate (CAGR) from 2013 to 2016 was at 14.87%, but it decreased to 8.45% from 2017, reflecting the initial spike. Notably, the CAGR remained at 0% from 2022 to 2023.
From 2024 onwards, forecasts project a stable number until a projected increase in 2027, reaching 400 persons by 2028. The five-year forecasted CAGR stands at 5.92%, showing a projected growth rate of 33.33% over the period.
Future Trends to Watch For:
- Increasing demand for specialized research professionals as technological advancements continue.- Potential impact of government policies on self-employment within the sector.- Market dynamics and funding availability influencing the influx of self-employed researchers.