The intramural R&D expenditure in the business enterprise sector in Japan is expected to gradually increase from 2.65% of GDP in 2024 to 2.68% in 2028. This forecast signifies a modest year-on-year growth of approximately 0.38% to 0.41% beyond 2023. The compound annual growth rate (CAGR) over the next five years reflects an incremental rise, closely aligning with historical trends.
Future trends to watch for include:
- Technological advancements driving higher R&D investments.
- Government policies influencing R&D spending.
- Shifts in global market dynamics affecting Japanese enterprises.
