The United States leads global R&D expenditures in the manufacture of computers and peripheral equipment, holding a dominant position with significant year-on-year growth of 6.42% in 2023. Taiwan and South Korea show robust growth, with 8.53% and 1.83% increases respectively. In contrast, Japan and Germany experience declines of -0.8% and -7.12%. Other countries like Italy, Portugal, and Estonia display modest increases. In the past five years, the overall trend shows a CAGR reflecting steady global investments with the U.S. and Taiwan as central players.
Future trends to watch include:
- Increased R&D spending in Asia, especially in Taiwan and South Korea.
- Potential recoveries or strategic pivots in European countries like the United Kingdom and Germany.
- The rise of new players, possibly from emerging markets, as R&D efforts globalize further.
Top countries in Business Enterprise R&D Expenditure in Manufacture of Computers and Peripheral Equipment Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 70.43 | 2023 | +5.11% | +6.42% | View data |
| 2 | 2 Taiwan | 16.4 | 2023 | +7.16% | +8.53% | View data |
| 3 | 3 Japan | 8.79 | 2023 | -0.71% | -0.8% | View data |
| 4 | 4 Germany | 1.38 | 2023 | -3.67% | -7.12% | View data |
| 5 | 5 South Korea | 0.89 | 2023 | -0.11% | +1.83% | View data |
| 6 | 6 Italy | 0.29 | 2023 | +3.09% | +2.64% | View data |
| 7 | 7 United Kingdom | 0.2 | 2023 | -4.57% | -4.72% | View data |
| 8 | 8 Israel | 0.17 | 2023 | -1.82% | -1.05% | View data |
| 9 | 9 Mexico | 0.095 | 2023 | +1.38% | +1.28% | View data |
| 10 | 10 Spain | 0.026 | 2023 | +5.04% | -3.99% | View data |