Reasons for investing in new digital tech in the United Kingdom 2023

Published by
Alexandra Borgeaud,
Aug 17, 2023
According to a 2023 survey, raising productivity and efficiency was the main reason businesses considered as digital adopters in the United Kingdom were investing in new digital technologies, as highlighted by 81 percent of respondents. In addition, two-thirds of respondents named keeping up with competitors or staying ahead in the industry more widely as another key reason for such investments.

Main reasons for investing in new digital technologies in the United Kingdom (UK) in 2023

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Release date

July 2023

Region

United Kingdom

Survey time period

November 2021 to June 2022

Number of respondents

790 respondents

Special properties

nationally representative survey of business establishments that are considered digital adopters in the UK

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