The business enterprise R&D expenditure in the Information and Communication sector in the US is projected to grow steadily from 2024 to 2028, reaching $342.15 billion by 2028. The data for 2023, compared to 2024, shows a significant upward trend indicative of strong growth within this sector.
The year-on-year growth from 2024 to 2025 is approximately 9.5%. Progressing into 2026, a further 8.6% growth is forecasted, with continued increases by 7.9% in 2027 and 7.2% in 2028. The compound annual growth rate (CAGR) over the entire five-year span stands at around 8.25%.
Future trends to watch for include digital transformation advancements, AI developments, 5G rollouts, and cybersecurity investments, all vital factors shaping the R&D landscape in Information and Communication.
