The business enterprise R&D expenditure for the professional, scientific, technical services, and administrative support services sector in the US is forecasted to grow from 62.25 billion USD in 2024 to 84.38 billion USD in 2028. This reflects a compound annual growth rate (CAGR) of approximately 8.0% over the five-year period. The estimated year-on-year growth rates from 2024 onwards are steady, marking a consistent upward trend.
Future trends to watch include potential increases in R&D investment due to technological advancements, emerging industry needs, and policy changes favoring innovation. Monitoring these factors will be crucial for anticipating shifts in R&D spending patterns.
