The forecast for business expenditure on R&D in programming and broadcasting in Italy from 2024 to 2028 shows a steady increase. In 2024, the expenditure per capita is projected to be 0.96 Euros, with a year-on-year growth rate of 8.33% in 2025, reaching 1.04 Euros. By 2026, the growth continues with a 7.69% increase to 1.12 Euros, followed by an increase of 7.14% in 2027, reaching 1.20 Euros. Further growth is expected in 2028, with a projected expenditure of 1.28 Euros per capita, reflecting a 6.67% growth. This results in an estimated Compound Annual Growth Rate (CAGR) of approximately 7.38% over the five-year period from 2024 to 2028.
Future trends to watch for include:
- Technological advancements driving innovation and increasing R&D investments in sectors beyond traditional programming and broadcasting.
- Potential policy changes and government incentives aimed at boosting R&D expenditure in creative industries.
- Increasing competition within Europe, potentially influencing expenditure levels to maintain competitive positioning.