The forecast for business enterprise R&D expenditure in real estate activities in Canada indicates a steady increase from 2024 to 2028. Starting at 18.67 million USD PPP in 2024, it is projected to rise to 21.04 million USD PPP by 2028. This suggests a consistent year-on-year growth, with the annual variation reflecting a positive trend in investment within the sector.
The data shows year-on-year growth rates, highlighting a notable increase in expenditure: 3.16% from 2024 to 2025, 3.12% from 2025 to 2026, 2.97% from 2026 to 2027, and 2.88% from 2027 to 2028. This steady incline points to an interest in expanding research and development within the industry.
Future trends to watch for include:
- The impact of technological advancements on real estate R&D financing.
- Government policies encouraging innovation in real estate development.
- Shifts in economic conditions that may affect funding availability.
- Increased focus on sustainability and smart city projects influencing R&D priorities.
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