The UK's intramural R&D expenditure in the higher education sector is forecasted to steadily increase from 160.32 euros per capita in 2024 to 165.99 euros per capita in 2028. This represents a year-on-year growth trend, with a moderate percentage increase annually. The expenditure at the end of 2023 stood at a prior level and has since shown consistent growth over the forecast period, with these figures indicating a Compound Annual Growth Rate (CAGR) over the past years.

Future trends to watch for:

Potential impacts of Brexit on research funding and international collaboration.
Government policy changes or increased funding in technology and innovation sectors.
Economic fluctuations potentially affecting sector investment and funding.