In 2023, the fixed investment in research and development in the US stood at 1.0 trillion USD. Forecasts from 2024 to 2028 indicate a consistent growth, moving from 1.083 trillion USD in 2024 to 1.3995 trillion USD in 2028. This reflects a steady increase with the following year-on-year growth percentages: 7.4% for 2025, 6.8% for 2026, 6.3% for 2027, and 5.9% for 2028. The compound annual growth rate (CAGR) over these five years is approximately 6.8%.
Future trends to watch include:
- The impact of emerging technologies such as AI and quantum computing on R&D investment distribution.
- Government policies influencing private and public sector R&D spending.
- Global economic conditions affecting the availability of funding for R&D.