The intramural R&D expenditure in all sectors in the US has been forecasted to rise steadily from 2024 to 2028. As of 2023, the expenditure was estimated at a certain level, and the forecasted figures show a consistent annual increase. The year-on-year variation from 2024 to 2028 is characterized by a steady growth percentage, underlying a positive trend in R&D investments. The compound annual growth rate (CAGR) over these five years reflects an average annual increase, suggesting a robust commitment to innovation and research efforts across sectors.

Future trends to watch for include:

Increased emphasis on technology and digital transformation driving R&D expenditures.
Government policies and incentives boosting private sector investment in research.
Possibility of emerging sectors like AI, biotech, and green technologies further enhancing R&D growth.