Forecast: Business Enterprise R&D Expenditure in Software Publishing in the UK

In 2023, business enterprise R&D expenditure in software publishing in the UK was valued at approximately 63.3 million pounds sterling. Forecasts suggest a steady increase: 65.0 million in 2024, 66.8 million in 2025, 68.7 million in 2026, 70.4 million in 2027, and 72.2 million in 2028. The year-on-year percentage increase shows modest growth, indicating a healthy progression in the sector.

Over five years, the compound annual growth rate (CAGR) stands as a reliable measure of consistent sector development. Future trends to watch include:

  • The impact of technological advancements on R&D activities.
  • Changes in government policies affecting R&D funding.
  • Potential influence of global economic conditions on investment levels.

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