The forecasted value added of high- and medium-high R&D intensive activities in the US is projected to grow from $2.6102 trillion in 2024 to $2.8401 trillion by 2028. This represents a steady increase in value over the forecast period. In 2023, the value stood at $2.552 trillion, marking a progressive upward trend. The year-on-year growth from 2024 to 2025 is 2.27%, from 2025 to 2026 is 2.18%, from 2026 to 2027 is 2.09%, and from 2027 to 2028 is 2.00%. The compound annual growth rate over the five-year period is approximately 2.15%.
Future trends to watch for include advancements in technology, increased investment in R&D, and policy changes that could drive innovation and productivity. The resilience of the sector to economic shifts and the acceleration of tech adoption will also significantly influence future growth trajectories.
