The forecast for the total number of Bachelor's or equivalent level qualifications via study periods or work placements indicates a consistent annual increase from 2024 to 2028. Starting at a value of 11 "s" in 2024, it rises annually by 2 "s" reaching 19 "s" by 2028. Comparatively, in 2023, this figure was likely around 9 "s," showing a positive growth trajectory. The year-on-year growth rate stands at approximately 18%. Over the five-year forecast period, the compound annual growth rate (CAGR) is about 14.9%.
Future trends to watch include potential impacts of economic factors, such as employment rates and educational investments, which could influence growth in educational placements and qualifications. Additionally, monitoring technological advancements and evolving employer requirements will be key to anticipating shifts in demand for higher education credentials.
