The business enterprise R&D expenditure in computer programming, consultancy, and related activities in the US is set to grow steadily. From a 2023 baseline, it is forecasted to rise from $23.12 billion in 2024 to $25.72 billion by 2028. This reflects a compound annual growth rate (CAGR) over the five-year period. The projected year-on-year growth rates reveal a consistent upward trend, with each year showing an increase in expenditure, indicating a robust expansion in the sector.

Future trends to watch include:

Evolving technology demands and integration in businesses.
Increased focus on AI, machine learning, and cybersecurity driving R&D spending.
Potential policy changes impacting investment in tech-related R&D.
Collaborations between enterprises and tech startups as a source of innovation.