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Impact of coronavirus (COVID-19) on IT budgets worldwide 2020

Sixty percent of surveyed CIOs and IT executives worldwide expect a decline in their IT budget for 2020 as a result of the coronavirus (COVID-19) pandemic. In contrast, only 18 percent expect their IT budget in 2020 to increase, while 22 percent forecast no change in the IT budget. The midpoint average for the impact of COVI-19 on IT budgets worldwide is a decline of 7.7 percent.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.

Projected impact of COVID-19 on IT budgets worldwide in 2020

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Sources

Release date

August 2020

Region

Worldwide

Survey time period

June 2020

Number of respondents

1,200 respondents

Special properties

IT buyers

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Statistics on "Coronavirus: Impact on the tech industry worldwide"

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