In 2023, the production of high- and medium-high R&D intensive activities in the US was approximately 4.657 Trillion USD. The forecast from 2024 onwards predicts a steady annual growth rate, with values reaching 5.1045 Trillion USD by 2028. This indicates a compound annual growth rate (CAGR) of around 1.87% from 2024 to 2028.
Year-on-year variations illustrate a gradual increase:
- 2024 to 2025: Approximate increase of 1.95%
- 2025 to 2026: Approximate increase of 1.87%
- 2026 to 2027: Approximate increase of 1.80%
- 2027 to 2028: Approximate increase of 1.73%
Future trends to watch for include the impact of emerging technologies and innovations within these R&D intensive sectors, which could further drive growth beyond current forecasts. Additionally, shifts in regulatory environments and international competition could influence future production dynamics.
