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Social Sciences & Humanities Research in Austria - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

AT-M722 March 2024 Factsheet

Revenue

€45.1m

2019-2024 2.7 %
2024-2029 X.X %

Employees

431

2019-2024 1.5 %
2024-2029 X.X %

Businesses

361

2019-2024 2.0 %
2024-2029 X.X %

Wages

€XX.Xm

2019-2024 X.X %
2024-2029 X.X %

Social Sciences & Humanities Research in Austria market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Austria compared to Europe?

Country Benchmarking

Industry Data Austria

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#16 In Europe
Business
#14 In Europe
Employees
#17 In Europe
Wages
#16 In Europe

View industry report for Europe

The Social Sciences and Humanities Research and Development Activities industry’s revenue is expected to contract at a compound annual rate of 4.3% over the five years through 2024 to €3.6 billion. This includes a forecast drop of 2.8% in 2024. Revenue is far lower than in the Natural Science and Engineering Research and Development Activities industry, since scientific innovation, engineering techniques and healthcare developments are prioritised over research in societal change, economics, political science and cultural progress. Spending by businesses on R&D for these subjects is significantly lower, with most money instead coming from publicly backed organisations, such as think tanks, political organisations and cultural centres. That being said, Belgium, Germany, Malta and Sweden all rely more heavily on business-funded R&D, whereas Greece, Luxembourg, Slovakia and Estonia all depend more on government funding, finds Eurostat. Horizon Europe and the Humanities in the European Research Area (HERA) have made significant funding contributions since 2020 to progress in R&D, which has boosted revenue.

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Enterprises
Number of businesses in 2024

Biggest companies in the Social Sciences & Humanities Research in Austria

Company
Market Share (%)
2024
Revenue (€m)
2024
Profit (€m)
2024
Profit Margin (%)
2024

There are no companies that hold a large enough market share in the Social Sciences & Humanities Research in Austria industry for IBISWorld to include in this product.

Top Questions Answered in this Report

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What is the market size of the Social Sciences & Humanities Research industry in Austria in 2024?

The market size of the Social Sciences & Humanities Research industry in Austria is €45.1m in 2024.

How many businesses are there in the Social Sciences & Humanities Research in Austria industry in 2024?

There are 361 businesses in the Social Sciences & Humanities Research industry in Austria, which has declined at a CAGR of 2.0 % between 2019 and 2024.

Has the Social Sciences & Humanities Research industry in Austria grown or declined over the past 5 years?

The market size of the Social Sciences & Humanities Research industry in Austria has been declining at a CAGR of 2.7 % between 2019 and 2024.

What is the forecast growth of the Social Sciences & Humanities Research industry in Austria over the next 5 years?

Over the next five years, the Social Sciences & Humanities Research industry in Austria is expected to grow.

What does the Social Sciences & Humanities Research in Austria include?

Economics and political science and Economics and political science are part of the Social Sciences & Humanities Research industry.

How competitive is the Social Sciences & Humanities Research industry in Austria?

The level of competition is moderate and steady in the Social Sciences & Humanities Research industry in Austria.

Related Industries

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Table of Contents

About this industry

Industry definition

The industry includes organisations engaged in research and development (R&D) work focused on social science and humanities. Funded projects focus on areas like economic development and political science.

Related Terms

SOCIAL SCIENCEHUMANITIESHORIZON EUROPE

What's included in this industry?

Economics and political scienceEconomics and political scienceGeography and history Other research activities

Companies

Industry Code

ISIC 2006

722 - Research and experimental development on social sciences and humanities in Austria

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Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Profit Highlights

Trends
  • Total Profit
  • Profit Margin
  • Profit per Business

Current Performance

Charts
  • Revenue
  • Employees
  • Business
  • Profit
Analysis

What's driving current industry performance in the Social Sciences & Humanities Research in Austria industry?


Outlook

Analysis

What's driving the Social Sciences & Humanities Research in Austria industry outlook?


Volatility

Analysis

What influences volatility in the Social Sciences & Humanities Research in Austria industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Social Sciences & Humanities Research in Austria industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

Humanities research grows in importance. Concerns around climate change have boosted funding and resources for solutions.

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Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Social Sciences & Humanities Research in Austria industry's products and services performing?

Analysis

What are innovations in the Social Sciences & Humanities Research in Austria industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Social Sciences & Humanities Research in Austria industry?


International Trade

Highlights

  • Total Imports into Austria
  • Total Exports into Austria
Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country
Data Tables

Value and annual change (%) included

  • Number of Imports and Exports by European Country (2024)

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power

Key Takeaways

Partnerships with key clients and governments help boost economies of scale. Relationships are important when products, theories and strategies are being developed, as they help diversify the risk of R&D costs if a project hits a dead end.

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Supply Chain

Charts

Buyer and supply industries

Geographic Breakdown

Business Locations

Heat maps
  • Share of Total Industry Establishments by Region (2024)
Data Tables
  • Number of Establishments by Region (2024)
Charts
  • Share of Establishments vs. Population of Each Region
Analysis

What regions are businesses in the Social Sciences & Humanities Research in Austria located?

Companies

Data Tables

Top 0 companies by market share:

  • Market share (2024)
  • Revenue (2024)
  • Profit (2024)
  • Profit margin (2024)

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Governments and EU legislation heavily regulate research activities. The development of new strategies and products must follow strict parameters, creating a heavy burden for research companies.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Social Sciences & Humanities Research in Austria industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Profit relies on securing funding. Long-term funding contracts can give greater guarantees and financial backing for project, boosting profitability.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Social Sciences & Humanities Research in Austria industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.