In 2023, the total internal R&D personnel in financial and insurance activities in Germany stood at 1.91 thousand full-time equivalents. The forecast from 2024 to 2028 projects a steady increase, with figures rising from 1.94 to 2.07 thousand. This equates to a consistent year-on-year growth of approximately 1.5%.

Future trends to watch for include:

Increased emphasis on digital innovation, requiring more skilled R&D personnel.
Potential regulatory changes impacting the financial sector's R&D focus.
The role of emerging technologies, such as AI and blockchain, in driving R&D needs.