In 2023, Germany's business enterprise R&D expenditure in construction stood at an estimated base value. Forecast data for 2024 indicates a growth to 165.98 million USD PPP, with subsequent annual increments leading to 188.83 million USD PPP by 2028. This period reflects a steady annual growth, illustrated by percentage increases from 2024 to 2028. Calculating the compound annual growth rate (CAGR) over these five years provides insight into average yearly growth.
Future trends to watch for include:
- Technological advancements driving innovation and necessitating further R&D investment.
- Potential regulatory changes that could impact research and development strategies.
- Increased sustainability and green construction initiatives influencing R&D priorities.