IT spend as share of revenue by region in 2019

North American companies are investing in technology initiatives at higher level than European organizations, with IT spending accoutning for 9.1 percent of company revenue. European companies' IT expenditure lags behind the global average, which stood at 8.2 percent of company revenue at the time of the survey.

IT spending as share of company revenue as of 2019, by region

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Source

Release date

October 2019

Region

Worldwide

Survey time period

July 2019

Number of respondents

303 respondents

Special properties

Executives and high-level managers in IT with visibility into their organizations' overall IT budgets. Organizations with at least 2,000 employees.

Method of interview

Questionnaire

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Statistics on "IT budgets & investments"

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