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Scientific Research & Development in Iceland Industry Data and Analysis
The Scientific Research & Development industry in Iceland has a market size of €223.8m in 2026 with annual revenue growth of 12.6 %. The industry centres around research and development that includes basic research (both experimental and theoretical), applied research and experimental development work. Research and experimental development activities are split into natural sciences and engineering and social sciences and the humanities.
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What's included in this industry analysis
IBISWorld's research coverage on the Scientific Research & Development industry in Iceland includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of February 2026.
About this industry
What's this industry report about?
The Scientific Research & Development industry in Iceland operates under the industry code IS-M72. The industry centres around research and development that includes basic research (both experimental and theoretical), applied research and experimental development work. Research and experimental development activities are split into natural sciences and engineering and social sciences and the humanities. Related terms covered in the Scientific Research & Development industry in Iceland include life sciences, social sciences, applied science and horizon europe.
What's included in this industry?
Products and services covered in Scientific Research & Development industry in Iceland include .
What companies are included in this industry?
The Scientific Research & Development industry in Iceland is highly fragmented with no companies holding a market share greater than 5%.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Scientific Research & Development industry in Iceland.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Scientific Research & Development industry in Iceland. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Scientific Research & Development industry in Iceland. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Scientific Research & Development industry in Iceland. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Country Benchmarks
What's included in the Country Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Cafes and Coffee Shops industry in Australia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Scientific Research & Development industry in Iceland.
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Frequently Asked Questions
What is the market size of the Scientific Research & Development industry in Iceland in 2026?
The market size of the Scientific Research & Development industry in Iceland is €223.8m in 2026.
How many businesses are there in the Scientific Research & Development industry in Iceland in 2025?
There are 144 businesses in the Scientific Research & Development industry in Iceland, which has grown at a CAGR of 0.7 % between 2020 and 2025.
Has the Scientific Research & Development industry in Iceland grown or declined over the past 5 years?
The market size of the Scientific Research & Development industry in Iceland has been declining at a CAGR of 2.5 % between 2020 and 2025.
What is the forecast growth of the Scientific Research & Development industry in Iceland over the next 5 years?
Over the next five years, the Scientific Research & Development industry in Iceland is expected to grow.
What does the Scientific Research & Development industry in Iceland include?
Life sciences and Pharmaceuticals, biotech and medical and health sciences are part of the Scientific Research & Development industry in Iceland.
How competitive is the Scientific Research & Development industry in Iceland?
The level of competition is moderate and steady in the Scientific Research & Development industry in Iceland.
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