The United States leads global software publishing R&D expenditure at $37.47 billion, followed by South Korea at $3.59 billion. Dramatically less, Norway, Romania, and Poland contribute under $0.27 billion each. Spain's R&D has grown sharply year-on-year by 26.56%, while Iceland experienced a significant decline. Poland also shows notable growth at 16.26%. In the last year, Portugal increased its R&D expenditure by 11.6%, highlighting an upward trend. New Zealand's spending remained constant. Over the last five years, growth trends have been steady but vary per country.
Future trends to observe include digital transformation, AI advancements, and cloud services demand potentially influencing increased R&D investment, especially in emerging markets.
Top countries in Business Enterprise R&D Expenditure in Software Publishing by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 37,470 | 2023 | +1.34% | +3.89% | View data |
| 2 | 2 South Korea | 3,590 | 2023 | +8.42% | +10.18% | View data |
| 3 | 3 Norway | 266.52 | 2023 | +3.43% | +4% | View data |
| 4 | 4 Romania | 202.93 | 2023 | +10.82% | +2.89% | View data |
| 5 | 5 Poland | 126.49 | 2023 | +6.5% | +16.26% | View data |
| 6 | 6 Taiwan | 109.59 | 2023 | +4.91% | +4.42% | View data |
| 7 | 7 Spain | 71.2 | 2023 | +12.22% | +26.56% | View data |
| 8 | 8 Hungary | 57.58 | 2023 | +8.23% | +3.02% | View data |
| 9 | 9 New Zealand | 51.35 | 2023 | +15.13% | View data | |
| 10 | 10 Portugal | 37.88 | 2023 | -0.16% | +11.6% | View data |