Between 2023 and 2028, the forecast suggests a steady increase in intramural R&D expenditure across all sectors in the US, expressed in Thousand Euros Per Capita. In 2023, the value stood at a baseline lower than the forecasted 2.36 for 2024, with year-on-year growth averaging around 3-5%. This trend is consistent, culminating in a projected value of 2.72 by 2028. The average annual growth rate (CAGR) over this period is anticipated to indicate continual investment in R&D, showing a calculated effort to enhance innovation and competitiveness.
Future trends to watch for include:
- Impact of technological advancements on R&D efficiency and effectiveness.
- Potential economic or policy changes influencing R&D budgets and priorities.
- Sector-specific variations that might affect overall expenditure trends.
