In 2023, business enterprise R&D expenditure in construction in Italy stood at 241.76 million USD PPP. Starting from 2024, forecasts indicate a steadily increasing trend in expenditure, with an annual growth rate of around 5.41% from 2024 to 2028. The compound annual growth rate (CAGR) over these five years is projected to be approximately 5.41% as well.
Future trends to watch for include:
- Continued investment in sustainable construction technologies.
- Integration of digital tools and innovations in building practices.
- Increased emphasis on energy efficiency and green building materials driven by regulatory changes and consumer preferences.