The Rice Growth Capital and Venture Capital market in Australia has experienced significant growth from 2013 to 2023, reaching 1030 million euros in 2023. Over the last two years, the market saw a strong year-on-year increase of 42.02% in 2022 and 29.04% in 2023, with a steady five-year CAGR of 21.29%, indicating robust expansion. Looking forward, forecasts for 2024 to 2028 suggest continued growth with an annual average rate of 8.75%, reaching 1810 million euros by 2028.
Future trends to watch for include:
- Increased investment in sustainable and innovative technologies.
- Enhanced government support and favorable policy changes.
- Growing interest in the Asia-Pacific region’s emerging markets.
