The forecasted private non-profit R&D expenditure in the US for 2024 to 2028 shows a steady increase from $28.35 billion in 2024 to $30.83 billion in 2028. The year-on-year growth rates depict a gradual rise, reflecting approximately a 2.2% average annual increase over the forecast period. In terms of CAGR, the five-year span continues the upward trajectory post-2023, indicative of sustained sector interest and investment in R&D activities.
Future trends to watch for include potential shifts in funding priorities within the private non-profit sector, the impact of emerging technologies on research expenditures, and economic factors that could influence PPP adjustments. Monitoring policy changes affecting R&D will also be crucial.
