In 2023, the Value Added of Scientific R&D in Japan was approximately 7.6 trillion Yens. The forecast for 2024 to 2028 predicts steady growth, with values increasing from 7.695 trillion Yens in 2024 to 8.085 trillion Yens by 2028. This represents a consistent year-on-year growth rate of around 1.3% to 1.4% over this period. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is approximately 1.25%.
Future trends to watch for include:
- Potential impacts of technological advancements and AI on R&D efficiency.
- Government policy changes that might influence R&D investments.
- Global collaborations and partnerships which could alter funding landscapes.
