In 2023, the production volume of medium-high R&D intensive activities in France stood at an approximate value of 427 billion Euros. From 2024, an upward trend is forecasted, starting at 432.43 billion Euros and reaching 454.99 billion Euros by 2028. This steady increase reflects a compounded annual growth rate (CAGR) of approximately 1.6% over the five-year period from 2023 to 2028, signifying moderate but consistent growth.
Future trends to watch for include:
- The potential impact of global economic conditions on investment in R&D activities.
- Technological advancements and digitization driving innovation and production efficiencies.
- Government policies and funding that could further bolster R&D development in France.