As of 2023, business expenditure on R&D in ICT in Italy stood at approximately 2.20 billion Euros. Forecasted figures suggest a steady growth trajectory, with expenditure expected to reach 2.67 billion Euros by 2028. Year-on-year growth is forecasted at around 4.4% for 2024-2025 and 3.8% for each subsequent year until 2028, indicating a gradual increase. The compound annual growth rate (CAGR) over the 2024-2028 period is projected to be around 4.0%, reflecting a sustained investment in ICT R&D.
Future trends to watch for include:
- Increased focus on digital transformation driving R&D initiatives.
- Potential impact of emerging technologies such as AI and blockchain.
- Government policies and funding affecting R&D investments.
- Global economic conditions influencing corporate R&D budgets.