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11-21-13
R&D

Market trends in R&D

Growth of global R&D

Global spending on R&D has been sustained with amount of $2,070 billion in 2017. Asia, North America and Europe account for 89% of investment. Europe fund 19% of international investment.

There are different situations in different regions, with investment relatively stable in the West (US, Europe) but growing in Asia and in South America.

Europe and the US still have solid competitive advantages, particularly in human capital, quality of scientific training and capacity to innovate.

Market trends in R&D outsourcing

ALTEN’s market includes all consulting services, technical assistance, fixed-price projects and outsourced platforms in the field of Engineering and Technology Consulting (ETC) and Information Systems and Technological Networks.

(M€) 2017 2018 18/17 2019 19/18 2020 20/19 2021 21/20 2022 22/21
Aerospace & Defence 1898 1981 4.4% 2070 4.5% 2168 4.7% 2277 5.0% 2401 5.4%
Ground Transportation 1264 1329 5.1% 1399 5.3% 1481 5.9% 1573 6.2% 1689 7.4%
Telecoms et Multimedia 505 517 2.4% 529 2.3% 541 2.3% 553 2.2% 566 2.4%
Energy et Life Sciences 1647 1710 3.8% 1770 3.5% 1826 3.2% 1877 2.8% 1926 2.6%
Other 1536 1610 4.8% 1685 4.7% 1762 4.6% 1841 4.5% 1924 4.5%
Total Technology Consulting (scope ALTEN corebusiness) 6850 7147 4.3% 7453 4.3% 7778 4.4% 8121 4.4% 8506 4.7%

 

The ETC sector, particularly in France, has undergone a major transformation over the last 10 years. The way consultancy and engineering companies work with their clients has developed towards ever greater commitment and more responsibility. The leading etc. companies are becoming technology partners, helping to improve the efficiency of R&D operations and identify potential productivity gains.

 

 

Tag
Asia, Europe, growth, ICT, North America, R&D