In 2023, the United Kingdom led global business enterprise R&D expenditure in the repair of computers and communication equipment with $38.78 million. Portugal, Italy, and South Korea followed, while Taiwan experienced a significant 35.78% year-on-year increase. Czech Republic showed a robust 24.3% growth, contrasting with declines in Portugal (-1.67%) and Italy (-5.08%). Over the last five years, notable growth was observed in the Czech Republic and Taiwan, indicating dynamic shifts within these markets.
**Future Trends:**
- Watch for potential expansion in Taiwan, driven by recent growth surges.
- The UK's leading position implies ongoing investment focus, while emerging markets may tap into new technology trends and innovation opportunities.
Top countries in Business Enterprise R&D Expenditure in Repair of Computers and Communication Equipment by Country
| # | 7 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 38.78 | 2023 | +1.22% | +0.066% | View data |
| 2 | 2 Portugal | 6.12 | 2023 | +3.13% | -1.67% | View data |
| 3 | 3 Italy | 4.58 | 2023 | +8.89% | -5.08% | View data |
| 4 | 4 South Korea | 3.69 | 2023 | +11.89% | +2.07% | View data |
| 5 | 5 Czech Republic | 3.46 | 2023 | +0.29% | +24.3% | View data |
| 6 | 6 Hungary | 2.86 | 2021 | -21.1% | View data | |
| 7 | 7 Taiwan | 0.96 | 2023 | +6.55% | +35.78% | View data |
