Forecast: Business Expenditure on R&D in Construction in Italy

In 2024, business expenditure on R&D in construction in Italy is forecasted at 0.94 Euros per capita, reflecting a slight downward trend projected through 2028. Each succeeding year sees a modest decrease, as represented by 0.93 in 2025, 0.92 in 2026, 0.91 in 2027, and finally, 0.9 in 2028. The data show a consistent yearly decline of approximately 1.06% year-on-year since 2023, with a compound annual growth rate (CAGR) of -1.06% over the forecasted years.

Future trends to watch for include:

  • Potential increase in sustainable and green construction innovations, responding to environmental regulations and social pressures.
  • Digital transformation in construction, leveraging AI and IoT technologies to drive efficiencies.
  • Economic impacts on R&D spending levels, particularly considering potential fluctuations in Italy's economic environment.

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