In 2023, the value added of high- and medium-high R&D intensive activities in Germany was estimated to be approximately 592.5 billion Euros. Forecasts for 2024-2028 show a steady increase, rising from 602.75 billion Euros in 2024 to 641.88 billion Euros in 2028, highlighting a consistent growth trajectory. The year-on-year growth reveals a steady increase, averaging around 1.6% annually over this period. The compound annual growth rate (CAGR) from 2024 to 2028 stands at approximately 1.57%, indicating a robust expansion in the sector.
Looking ahead, potential trends to monitor include the impact of technological advancements on R&D productivity, governmental policy influences, and shifts in global economic conditions affecting Germany's high-tech sectors. Keeping an eye on innovation within renewable energy and digitalization, which could accelerate growth in these R&D intensive activities, will also be crucial.
