Business software spending increases amid COVID-19 worldwide 2020

The outbreak of COVID-19, also known as the novel coronavirus, has led to revised growth expectations for enterprise software spending in 2020. A survey of software buyers and users revealed that on the whole, organizations will spend less on software, yet certain software solutions, particularly remote work solutions, are expected to witness spending increase. As of April, 67 percent of respondents reported increases in spending on web conferencing software.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.

Where are businesses increasing software spending?

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Release date

June 2020



Survey time period

April 9-10, 2020

Number of respondents

2,168 respondents

Special properties

TrustRadius database of software buyers and users

Method of interview

Email survey

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

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