The intramural R&D expenditure in the higher education sector in the US is forecasted to grow steadily from 2024 to 2028, starting at 76.21 billion euros in 2024 and reaching 82.84 billion euros in 2028. This reflects consistent growth in absolute terms, with a stable annual increase ranging from approximately 1.68 to 1.64 billion euros. The year-on-year variation suggests a steady increase at a growth rate averaging around 2.1% annually. In 2023, the recorded value stood slightly below 76.21 billion euros. The compound annual growth rate (CAGR) over this five-year period is about 2.03%.
Future trends to watch for include potential impacts from technological advancements and federal funding changes, which could accelerate growth rates of R&D investments. Additionally, the increased focus on STEM education might influence the allocation of resources and funding toward more scientific research agendas.
