Intangible Investment Tops USD 10 Trillion for the First Time, Growing More Than Three Times Faster Than Tangible Investment

Investment in intangible assets crossed the USD 10 trillion mark for the first time in 2025, with the United States alone accounting for nearly half of the total, as investments in software, data, brands and other intellectual property-backed assets rose even as spending on machinery and buildings lagged under tight financing conditions and economic uncertainty.