In 2023, business expenditure on R&D in manufacturing in Italy stood at an estimated 0.70% of GDP. Forecasted data from 2024 to 2028 shows a steady year-on-year increase, with each year registering a growth of approximately 0.01 percentage points, reaching 0.75% of GDP by 2028. This indicates a compounded annual growth rate (CAGR) of about 1.38% over the specified period.

Future trends to watch for include:

The impact of digital transformation and automation on manufacturing R&D expenditure.
Potential policy changes or government incentives to boost R&D investment.
Global economic fluctuations and their effect on Italy's manufacturing sector.
Emerging technologies and innovation requiring increased R&D spending.