Based on the data provided, the forecasted business expenditure on R&D in telecommunications is expected to exhibit consistent growth over the five-year period from 2024 to 2028. The year-on-year variations are as follows:
- 2024 to 2025: {(2.52 - 2.49) / 2.49 * 100}% ≈ 1.20%
- 2025 to 2026: {(2.55 - 2.52) / 2.52 * 100}% ≈ 1.19%
- 2026 to 2027: {(2.57 - 2.55) / 2.55 * 100}% ≈ 0.78%
- 2027 to 2028: {(2.60 - 2.57) / 2.57 * 100}% ≈ 1.17%
The Compound Annual Growth Rate (CAGR) over the 2024-2028 period is approximately: {((2.60 / 2.49) ^ (1/5) - 1) * 100}% ≈ 0.87% per year.
Future trends to watch include potential technological advancements, regulatory changes, and evolving market dynamics that may further influence R&D spending patterns. Monitoring these factors will be essential for accurate forecasting and strategic planning.