In 2023, Italy's business expenditure on R&D in the construction sector was expected to maintain a consistent level before slightly declining from 2024 to 2028. Starting at 57.41 million euros in 2024, the forecasted expenditure decreases to 55.61 million euros by 2028. This indicates a gradual reduction over five years, with the compound annual growth rate (CAGR) showing a negative average variation annually.
Future trends to watch for include:
- Increased focus on sustainable and green construction technologies, possibly reversing the decline in R&D spending.
- Potential government incentives or regulations that may encourage higher investment in R&D across the construction industry.
- The adaptation and integration of digital construction methods and smart technologies, which could drive new growth opportunities in R&D.