The forecasted production of Scientific R&D in Sweden shows a positive growth trend from 2024 to 2028, with values projected to increase from 139.56 billion SEK in 2024 to 151.5 billion SEK in 2028. Given that the industry production value in 2023 stood at 136.34 billion SEK, the year-on-year growth rates from 2024 to 2028 are as follows:
• 2024: 2.36%
• 2025: 2.21%
• 2026: 2.11%
• 2027: 2.03%
• 2028: 1.94%
Over the last two years (2022 and 2023), the production values increased steadily, and the Compound Annual Growth Rate (CAGR) for these five years is approximately 2.13%, indicating a consistent yet modest growth trajectory.
Future trends to watch for include advancements in technology driving efficiency in R&D, increased government and private sector investments, and the impact of international collaborations. Monitoring these factors will help understand the potential for accelerated growth and potential challenges in the sector.
