In 2023, the value added of medium-high R&D intensive activities in Italy was recorded at 125 billion euros. The forecasted data projects a consistent year-on-year growth across the period from 2024 to 2028, starting at 127.53 billion euros in 2024 and gradually increasing to 134.52 billion euros by 2028. This indicates a steady uptrend with a compound annual growth rate (CAGR) expected to be approximately 1.37% over the five-year period.
Future trends to watch for in this sector include:
- Technological advancements that could further boost R&D activities.
- Potential policy changes affecting R&D investments.
- Economic conditions in the EU which could impact funding and investment capabilities within Italy.