The intramural R&D expenditure in the US private non-profit sector is forecasted to grow steadily from 2024 to 2028, with values increasing from 27.64 billion Euros in 2024 to 30.93 billion Euros by 2028. In 2023, the expenditure was 26.8 billion Euros, indicating a strong upward trend. Year-on-year variations average around 3%, highlighting consistent growth. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is projected to be approximately 2.9%.

Future trends to watch for:

Increasing focus on sustainable and green technologies, potentially driving higher R&D allocations.
The impact of economic fluctuations on funding availability and expenditure plans.
The potential for policies that could either incentivize or restrict R&D investments in the sector.