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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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IBISWorld's research coverage on the Social Sciences & Humanities Research industry in Lithuania includes market sizing, forecasting, data and analysis from 2014-2029. The most recent publication was released March 2024.
The Social Sciences & Humanities Research industry in Lithuania operates under the industry code LT-M722. 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 covered in the Social Sciences & Humanities Research industry in Lithuania include social science, humanities and horizon europe.
Products and services covered in Social Sciences & Humanities Research industry in Lithuania include Economics and political science, Psychology and sociology and Geography and history .
The Social Sciences & Humanities Research industry in Lithuania is highly fragmented with no companies holding a market share greater than 5%.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Social Sciences & Humanities Research industry in Lithuania.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Social Sciences & Humanities Research industry in Lithuania.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Social Sciences & Humanities Research industry in Lithuania.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Social Sciences & Humanities Research industry in Lithuania. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Social Sciences & Humanities Research industry in Lithuania. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Social Sciences & Humanities Research industry in Lithuania. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Social Sciences & Humanities Research industry in Lithuania. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Social Sciences & Humanities Research industry in Lithuania.
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The market size of the Social Sciences & Humanities Research industry in Lithuania is €5.3m in 2026.
There are 68 businesses in the Social Sciences & Humanities Research industry in Lithuania, which has declined at a CAGR of 24.4 % between 2019 and 2024.
The market size of the Social Sciences & Humanities Research industry in Lithuania has been declining at a CAGR of 16.1 % between 2019 and 2024.
Over the next five years, the Social Sciences & Humanities Research industry in Lithuania is expected to grow.
Economics and political science and Economics and political science are part of the Social Sciences & Humanities Research industry in Lithuania.
The level of competition is moderate and steady in the Social Sciences & Humanities Research industry in Lithuania.