The R&D budget for security in Mexico, expressed as a percentage of total government support, stood at 0.25% in 2023. The forecasted values for 2024 through 2028 show a consistent annual increase of 0.01 percentage points, leading to a value of 0.31% by 2028. Year-on-year variations indicate a steady growth pattern, with a Compound Annual Growth Rate (CAGR) of approximately 4.5% over the forecasted period.
Future trends to watch for in the R&D budget for security in Mexico include:
• The impact of geopolitical developments and increased cyber threats, which may necessitate further funding.• Technological advancements requiring enhanced R&D investment.• Economic fluctuations that might affect government budget allocations.
