In 2023, the business enterprise R&D expenditure in the manufacture of computers and peripheral equipment in the US was $31.20 billion PPP. From 2024, the expenditure is projected to show consistent growth, starting at $32.63 billion. By 2028, it is forecasted to reach $38.48 billion, indicating a compounded annual growth rate (CAGR) of approximately 4.30% over the five-year period from 2024 to 2028. The year-on-year increases average around 3-4%, reflecting a stable upward trend in R&D investments.
Future trends to watch for include advancements in AI technology, increased focus on sustainable computing, and integration of IoT. These areas are anticipated to drive significant R&D efforts as companies strive to innovate and remain competitive in the evolving tech landscape.
