COVID-19 - Impact on IT budgets worldwide 2020 | Statista

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

Characteristic	Share of respondents
-30%	10%
-30% to -26%	5%
-25% to -21%	6%
-20% to -16%	10%
-15% to -11%	11%
-10% to -6%	14%
-5% to -1%	4%
No impact/change	22%
1% to 5%	3%
6% to 10%	5%
11% to 15%	3%
16% to 20%	2%
21% to 25%	1%
26% to 30%	1%
> 30%	3%

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Release date

August 2020

More information

Region

Worldwide

Survey time period

June 2020

Number of respondents

1,200 respondents

Special properties

IT buyers

Citation formats

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