Forecast: R&D Budget for Planet and Infrastructure in Italy

The R&D budget for Planet and Infrastructure in Italy, expressed as a percentage of GDP, remained stable from 2013 to 2017 at 0.13%. A gradual increase followed, with notable year-on-year increases of 10.74% in 2019 and 31.42% in 2020. In 2023, the budget reached 0.22%, reflecting a 4.42% increase from the previous year. The 5-year CAGR from 2018 to 2023 was 9.76%, indicating robust growth. Forecasts from 2024 to 2028 show a continued yet moderate increase, with a predicted CAGR of 1.69% over these years.

Future trends to watch for include:

  • Continued investment growth in green technologies and sustainable infrastructure.
  • Government policies and EU funding initiatives influencing budget allocations.
  • Private sector involvement in R&D financing, complementing public investments.

Top Countries about Smart City Infrastructure