In 2024, business enterprise R&D expenditure in Italy's accommodation and food service activities is forecasted to be 17.69 million euros. The actual expenditure in 2023 provides a crucial baseline for these projections. From the given data, there's a noticeable upward trend, with a year-on-year growth rate from 2024 to 2028. The expenditure is set to grow by approximately 6.9% in 2025, 5.55% in 2026, 4.4% in 2027, and 3.65% by 2028. This progression suggests a Compound Annual Growth Rate (CAGR) reflecting steady annual increases over these five years.

Future trends to watch for:

Potential impacts of emerging technologies and automation in the sector could further drive R&D investments.
Policy changes concerning innovation incentives and sustainability drives may influence expenditure rates.
Economic shifts, such as changes in consumer behavior post-pandemic, might also alter R&D focus and funding.