As of 2023, the value added by scientific research and development in Germany stood at approximately €29.97 billion. The forecasts for 2024 to 2028 indicate a steady growth each year, with incremental increases reaching €34.91 billion by 2028. This demonstrates a consistent year-on-year increase, with CAGR reflecting a healthy industry growth over the five-year period.
Future trends to watch include:
- Increased investment in digitalization and AI-driven research.
- Growing collaboration between public and private sectors.
- Impact of government policies promoting innovation and sustainability.
