In 2021, the share of CIOs and IT leaders worldwide that saw an increase in their company's IT budget over the last 12 months peaked at 60 percent. Over the last ten years, the share of companies that saw an increase in their IT budget has continuously risen. The global COVID-19 pandemic has impacted this trend, as only 43 percent of CIOs and IT leaders who were surveyed after the outbreak expected an increase in the IT budget moving forward. Before the COVID-19 pandemic, 51 percent expected their companies' IT budget to increase when surveyed in early 2020.
Over the last 12 months has your IT budget increased?
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NashTech. (November 9, 2023). Over the last 12 months has your IT budget increased? [Graph]. In Statista. Retrieved December 06, 2023, from https://www.statista.com/statistics/1183713/it-budget-increase-rate-worldwide/
NashTech. "Over the last 12 months has your IT budget increased?." Chart. November 9, 2023. Statista. Accessed December 06, 2023. https://www.statista.com/statistics/1183713/it-budget-increase-rate-worldwide/
NashTech. (2023). Over the last 12 months has your IT budget increased?. Statista. Statista Inc.. Accessed: December 06, 2023. https://www.statista.com/statistics/1183713/it-budget-increase-rate-worldwide/
NashTech. "Over The Last 12 Months Has Your It Budget Increased?." Statista, Statista Inc., 9 Nov 2023, https://www.statista.com/statistics/1183713/it-budget-increase-rate-worldwide/
NashTech, Over the last 12 months has your IT budget increased? Statista, https://www.statista.com/statistics/1183713/it-budget-increase-rate-worldwide/ (last visited December 06, 2023)
Over the last 12 months has your IT budget increased? [Graph], NashTech, November 9, 2023. [Online]. Available: https://www.statista.com/statistics/1183713/it-budget-increase-rate-worldwide/