Forecast: Business Enterprise R&D Expenditure in Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles in Italy

In 2023, the business enterprise R&D expenditure in Italy's wholesale and retail trade, repair of motor vehicles and motorcycles was not specified, but from 2024 onwards, there is a forecasted upward trend. From 2024 to 2028, the R&D expenditure is expected to grow from 1.03 billion euros to 1.33 billion euros, reflecting a steady increase year-on-year. The compound annual growth rate (CAGR) over these five years is significant, indicating a positive trend in investment within this sector.

Future trends to watch for:

  • Emergence of sustainable and digital transformation initiatives prompting increased R&D investment.
  • Potential regulatory pressures and consumer demand might drive innovations in vehicle repairs and retail efficiency.
  • Expansion of e-commerce and omnichannel retailing could stimulate further R&D activities.

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