In the forecast period from 2024 to 2028, total internal R&D personnel in Italy’s Accommodation and Food Service activities are projected to grow steadily. Starting from 761 Full-Time Equivalents (FTEs) in 2024, this number is expected to increase to 919.8 FTEs by 2028. This indicates a consistent upward trend with a compounded annual growth rate (CAGR) of approximately 4.8%. Yearly growth between 2024 and 2028 fluctuates between 5% and 5.3%, suggesting a strengthening commitment to innovation and development within the sector.
Future trends to watch for:
- Increased focus on sustainable practices within R&D as environmental regulations tighten.
- Advancements in digital solutions and automation may drive further increases in R&D investment.
- Potential influence of economic changes globally, which could impact funding and resources available for R&D.