The forecast for the number of individuals at the master's level or equivalent, covering study periods or study periods combined with work placements, shows a steady growth from 2024 to 2028. Comparing these forecasted values to the 2023 baseline, the number is anticipated to rise consistently each year. From 2024 to 2025, a 4.3% increase is expected, followed by an 8.3% rise in 2026, 3.8% in 2027, and 3.7% in 2028. This reflects an average annual growth rate (CAGR) of approximately 5.1% over the five years from 2024.
Future trends to watch for include potential shifts in educational demand due to technological advancements, changes in job markets driving further need for such qualifications, and possible policy changes affecting higher education accessibility and relevance. Monitoring these factors will be essential in anticipating further changes beyond 2028.
