The forecast for business enterprise expenditure on R&D performed in total services in the US shows a steady increase from 2024 to 2028, with values expressed as a percentage of GDP rising from 1.37% in 2024 to 1.48% in 2028. This indicates a compound annual growth rate (CAGR) over the five-year period.

Future trends to watch for:

Digital transformation and technological advancements driving increased R&D investments.
Growing importance of sustainable and eco-friendly innovations in services.
Potential policy changes and economic factors affecting R&D funding and investment priorities.