In 2023, government expenditures on R&D in public order and safety in France stood at an estimated value significantly lower than the projected figures for the coming years, indicating a gradual increase. From 2024 to 2028, expenditures are forecasted to rise steadily, from $22.09 million in 2024 to $22.8 million in 2028, reflecting expected annual growth.
Year-on-year growth from 2024 to 2025 is approximately 0.82%, and the same rate holds from 2025 to 2026, and 2026 to 2027, signaling a consistent upward trend. The compound annual growth rate (CAGR) between 2024 and 2028 is thus promising, reflecting a stable, linear increase.
Future trends to watch for:
- Allocation shifts in government priorities affecting budget distribution.
- Impact of technological advancements on public order and safety R&D needs.
- Evolving global security landscape influencing national investment strategies.