Forecast: Business Expenditure on R&D in Telecommunications in Austria

Business expenditure on R&D in telecommunications in Austria stood at 0.38 units in 2023, showing a downward trend from 0.57 units in 2013. Year-on-year variation has typically demonstrated declines, with an 8.57% decline in 2015, a 4.76% decline in 2022, and a 5% decline in 2023. The compound annual growth rate (CAGR) between 2018 and 2023 was -3.54%, indicating a consistent decrease. Forecasted data suggests the trend will continue, predicting a decline to 0.28 units by 2028, with a forecasted CAGR of -4.9% over the next five years.

Future trends to watch for:

• A potential shift in funding towards other emerging technologies could further impact telecommunications R&D.

• The adoption of 5G and future generations of mobile technology might spark spikes in R&D investment if new innovations require significant development.

• Policy changes, such as government incentives for innovation, could also influence future R&D expenditures in the sector.