Forecast: Value Added of High (2-Digit Definition) R&D Intensive Activities in the US

In 2023, the value added of high R&D intensive activities in the US stood at approximately 676 billion USD. From 2024 to 2028, forecasted data shows a steady increase; with 2024 at 690.62, and the value reaching 742.38 billion USD in 2028. The year-on-year growth rates show a consistent upwards trend, with percentages ranging approximately between 1.9% and 1.8%. Over this five-year period, the compounded annual growth rate (CAGR) reflects a stable 2% growth annually. This indicates a robust trajectory for high R&D activities.

Future trends to watch for include:

  • Continuation of innovation-driven growth focused on technology and digital transformation.
  • Potential impacts of government policy changes on R&D investments.
  • Shifts in global market demand influencing US R&D activities.

Top Countries about Research And Development