In 2023, private non-profit expenditure on R&D in the Humanities and the Arts in Italy stood at 64 million USD PPP. The forecasted expenditure shows a steady upward trend from 2024 to 2028, with values rising from 66.48 million USD PPP in 2024 to 77.45 million USD PPP in 2028. This translates into year-on-year growth rates of approximately 4.2% for 2025, 4.0% for 2026, 3.8% for 2027, and 3.6% for 2028, with a compound annual growth rate (CAGR) of around 4.0% over this period.
Future trends to watch for include the impact of digital transformation and increased interdisciplinary research collaborations on funding allocations. Additionally, societal shifts, such as the growing emphasis on cultural heritage preservation and integration of technology in arts, might further drive investment in this sector.
