In 2023, Germany's business enterprise R&D expenditure in natural sciences and engineering stood at 4.17 billion euros. Forecasts suggest steady growth, with figures expected to rise to 5.1 billion euros by 2028. This denotes a compound annual growth rate (CAGR) of approximately 4% from 2024 to 2028.
Future trends to watch for include:
- Increased focus on renewable energy technologies, potentially driving R&D spending upward.
- Germany's commitment to digital transformation could bolster investments in advanced computing and AI research fields.
- Continued pressure from global competition may necessitate higher R&D investments to maintain technological leadership.