The Business Enterprise R&D Expenditure in the Accommodation and Food Service Activities in Italy is projected to increase steadily from 22.39 million USD in 2024 to 26.5 million USD by 2028. In 2023, the expenditure was slightly below 22.39 million USD. The year-on-year growth rates suggest incremental expansion with approximately a 5-6% increase annually. The compound annual growth rate (CAGR) over the five-year forecast period is expected to be around 4.5%.
Future trends to watch for include technological advancements in service delivery, increased digitization, and sustainability practices which could further drive R&D investments. Monitoring these trends can offer insights into potential growth areas and strategic opportunities in the sector.