The forecast for wages and salaries in high- and medium-high R&D intensive activities in the US shows a steady increase from 2024 through 2028. In 2023, this value stood below 1.2 trillion US dollars. Year-on-year growth reflects gradual increments, starting at 1.1813 trillion US dollars in 2024 and reaching 1.2865 trillion by 2028. The average annual compound growth rate (CAGR) over this period highlights continued expansion in the sector, indicating that R&D activities are set for sustained investment and resource allocation.
Future trends to watch for include:
- Impact of emerging technologies on R&D budget allocation.
- Policy changes influencing federal and private investment in R&D-intensive industries.
- Shifts in global market dynamics affecting US competitiveness in high-tech sectors.