As of 2023, the value added of medium-high R&D intensive activities in France was approximately 164.87 billion Euros. From 2024 to 2028, forecasted values indicate a steady growth, showing increases to 167.51, 170.48, 173.39, 176.24, and 179.04 billion Euros respectively. The year-on-year growth rates between these years are 1.77% from 2024 to 2025, 1.71% from 2025 to 2026, 1.64% from 2026 to 2027, and 1.59% from 2027 to 2028, with a 5-year Compound Annual Growth Rate (CAGR) of approximately 1.67% from 2023 to 2028.
Future trends to watch for include:
- Potential impacts of technological advancements and digital transformations on R&D in France.
- Investment increases in green technologies and sustainable practices, influencing future value additions.
- Economic policies affecting research funding and innovation incentives, possibly impacting growth trajectories.
- Global economic conditions and market demands which may affect R&D trends and competitiveness in the sector.