The United States leads in R&D expenditure in the manufacture of computers and peripheral equipment, standing at $31.14 billion in 2023, with a growth of 6.42% over the previous year. Taiwan ranks second at $7.25 billion, showing substantial growth at 8.53%. Japan saw a decline of 0.8% to $3.88 billion. Germany, South Korea, Italy, and other countries contribute substantially less, with declines noted in Germany (-7.12%) and the UK (-4.72%), while Estonia experienced an impressive increase of 11.68%. Observing the CAGR over the last five years will provide insights into long-term trends.
Future trends to watch include:
- The potential rise in R&D expenditure in Taiwan and South Korea as they strengthen their positions in the tech industry.
- The impact of digital transformation on R&D priorities and spending, particularly in emerging economies.
- The effect of global economic conditions on the pace of innovation and investment in computer manufacturing R&D across these countries.
Top countries in Business Enterprise R&D Expenditure in Manufacture of Computers and Peripheral Equipment by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 31,140 | 2023 | +5.11% | +6.42% | View data |
| 2 | 2 Taiwan | 7,250 | 2023 | +7.16% | +8.53% | View data |
| 3 | 3 Japan | 3,880 | 2023 | -0.71% | -0.8% | View data |
| 4 | 4 Germany | 611.65 | 2023 | -3.67% | -7.12% | View data |
| 5 | 5 South Korea | 392.78 | 2023 | -0.11% | +1.83% | View data |
| 6 | 6 Italy | 126.07 | 2023 | +3.09% | +2.64% | View data |
| 7 | 7 United Kingdom | 88.71 | 2023 | -4.57% | -4.72% | View data |
| 8 | 8 Israel | 73.17 | 2023 | -1.82% | -1.05% | View data |
| 9 | 9 Mexico | 42.04 | 2023 | +1.38% | +1.28% | View data |
| 10 | 10 Spain | 11.62 | 2023 | +5.04% | -3.99% | View data |
