In 2023, retail was the sector with the largest share of IT budgets allocated to cyber security in the United Kingdom and the United States, estimated at around 28 percent. The telecoms and pharmaceuticals sectors followed, with 27 percent of IT budgets allocated to cyber security. Meanwhile, only 18 percent of IT budgets were allocated to cyber security in the energy and utilities sector.
Percentage of IT budgets allocated to cyber security in the United Kingdom and United States in 2023, by sector
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
S-RM. (November 15, 2023). Percentage of IT budgets allocated to cyber security in the United Kingdom and United States in 2023, by sector [Graph]. In Statista. Retrieved October 14, 2024, from https://www.statista.com/statistics/1430268/it-budget-share-for-cyber-security-in-the-uk-and-us-by-sector/
S-RM. "Percentage of IT budgets allocated to cyber security in the United Kingdom and United States in 2023, by sector." Chart. November 15, 2023. Statista. Accessed October 14, 2024. https://www.statista.com/statistics/1430268/it-budget-share-for-cyber-security-in-the-uk-and-us-by-sector/
S-RM. (2023). Percentage of IT budgets allocated to cyber security in the United Kingdom and United States in 2023, by sector. Statista. Statista Inc.. Accessed: October 14, 2024. https://www.statista.com/statistics/1430268/it-budget-share-for-cyber-security-in-the-uk-and-us-by-sector/
S-RM. "Percentage of It Budgets Allocated to Cyber Security in The United Kingdom and United States in 2023, by Sector." Statista, Statista Inc., 15 Nov 2023, https://www.statista.com/statistics/1430268/it-budget-share-for-cyber-security-in-the-uk-and-us-by-sector/
S-RM, Percentage of IT budgets allocated to cyber security in the United Kingdom and United States in 2023, by sector Statista, https://www.statista.com/statistics/1430268/it-budget-share-for-cyber-security-in-the-uk-and-us-by-sector/ (last visited October 14, 2024)
Percentage of IT budgets allocated to cyber security in the United Kingdom and United States in 2023, by sector [Graph], S-RM, November 15, 2023. [Online]. Available: https://www.statista.com/statistics/1430268/it-budget-share-for-cyber-security-in-the-uk-and-us-by-sector/