In 2023, the production volume of medium-high R&D intensive activities in Italy stood at 391.75 billion Euros. The forecast from 2024 to 2028 shows a steady upward trend, with an increase of approximately 3 billion Euros each subsequent year, reaching 406.85 billion Euros in 2028. Year-on-year growth rates are moderate, indicating a stable expansion. The compound annual growth rate (CAGR) over this five-year period is forecasted to be around 0.75%.
Future trends to watch for:
- Technological advancements driving efficiencies in R&D processes.
- Increasing government and private sector investments in R&D.
- Potential regulatory changes impacting the R&D landscape.