The turnover in the scientific research and development sector in the Netherlands has shown a robust upward trend from 2013 to 2023, reaching 7.56 billion euros in 2023. The sector experienced significant growth, particularly notable in 2018 with a year-on-year increase of 21.21%. Following a slight dip in 2019, the sector rebounded consistently with steady growth, culminating in a 5.28% increase from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years stood at 4.2%.
Looking forward, the forecast indicates continued positive momentum, with expected growth leading to 9.4 billion euros by 2028. The forecasted five-year CAGR is 3.45%, corresponding to an overall growth rate of 18.46% from 2023 to 2028.
Future trends to watch for include:
- Increased investment in high-tech and innovation-driven research.
- Growing emphasis on sustainability and green technologies.
- Enhanced international collaborations and partnerships.
- Potential impacts of regulatory changes and economic conditions.
