The R&D expenditure in software publishing saw substantial variations across countries in 2023. The United States led with a dominant share, showing a 4.39% increase from the previous year. South Korea's expenditure grew by 11.74%, with smaller economies like Spain witnessing a remarkable 29.95% surge. Emerging markets such as Poland and the Czech Republic recorded noteworthy growth rates of 18.07% and 20.07%, respectively. On the contrary, Iceland experienced a significant decline of 27.53%.
Looking ahead, future trends could include increased competition among established markets like the U.S. and South Korea, while emerging players might continue to gain traction as they strategically invest in technology and innovation to capture market share.
Top countries in Business Enterprise R&D Expenditure in Software Publishing Share by Country (Million US Dollars PPP)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 90.14 | 2023 | +2.22% | +4.39% | View data |
| 2 | 2 South Korea | 8.98 | 2023 | +10.47% | +11.74% | View data |
| 3 | 3 Norway | 0.68 | 2023 | +4.19% | +4.59% | View data |
| 4 | 4 Romania | 0.55 | 2023 | +10.12% | +4.35% | View data |
| 5 | 5 Czech Republic | 0.35 | 2023 | +17.86% | +20.07% | View data |
| 6 | 6 Poland | 0.32 | 2023 | +7.23% | +18.07% | View data |
| 7 | 7 Taiwan | 0.26 | 2023 | +4.9% | +5.98% | View data |
| 8 | 8 United Kingdom | 0.21 | 2023 | +3.24% | +2.48% | View data |
| 9 | 9 Spain | 0.2 | 2023 | +15.29% | +29.95% | View data |
| 10 | 10 New Zealand | 0.14 | 2023 | +15.63% | View data |
