The private non-profit expenditure on R&D in Social Sciences, Humanities, and the Arts in Italy is projected to grow steadily from 2024 to 2028, starting at €98.88 million in 2024 and reaching €107.69 million in 2028. In 2023, this expenditure was €95 million. The annual growth rate is expected to remain moderate, with a forecasted year-on-year increase of approximately 2.6% until 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is projected at around 2.1%, indicating a stable investment trend in these sectors.
Future trends to watch for include:
- Potential shifts in funding priorities that could impact growth rates.
- Influence of government policies or economic conditions on private non-profit investment.
- Emerging areas within the Social Sciences, Humanities, and Arts that could attract more funding.