In 2023, the intramural R&D expenditure in the US higher education sector stood at 221.95 Euros per capita. Forecasts suggest a steady increase: 225.82 in 2024, climbing to 241.47 by 2028. This indicates a compound annual growth rate of approximately 2.13% over the five-year period. Year-on-year, the rise is consistent, averaging around 1.7% to 1.8% annually.
Future trends to watch for include:
- Technological advancements boosting R&D efficiency.
- Changes in government funding policies impacting university budgets.
- Increased focus on sustainability and green technologies within R&D projects.
