The turnover in the Scientific Research and Development sector in Switzerland stood at 19.61 Billion Swiss Francs in 2023. Forecast projections indicate a steady increase year-on-year: 2024 (19.61), 2025 (20.11), 2026 (20.60), 2027 (21.08), and 2028 (21.56). These values represent respective yearly growth rates of 2.55%, 2.44%, 2.33%, and 2.27% from the preceding years. The Compound Annual Growth Rate (CAGR) for the period 2023-2028 is approximately 2.40%.
Future trends to watch for:
- Increased investment in innovative technologies and digital transformation.
- Potential impacts of global economic conditions on R&D funding.
- Evolution of regulations and policies affecting scientific research.
- Collaborations between academia and industry driving sector growth.
