The expected allocation of information technology (IT) budgets in 2024, according to a 2023 survey of North American and European IT professionals, is the largest for the hardware and software segments, accounting for 20 percent of the total IT budget for each segment. By contrast, managed service projects will only be allocated 14 percent of a company IT budget for 2024.
Allocation of information technology (IT) budgets in organizations in North America and Europe in 2024, by segment
Characteristic
Share of total IT budget
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Spiceworks. (September 6, 2023). Allocation of information technology (IT) budgets in organizations in North America and Europe in 2024, by segment [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/544665/north-america-emea-survey-it-budget-allocation-by-segment/
Spiceworks. "Allocation of information technology (IT) budgets in organizations in North America and Europe in 2024, by segment." Chart. September 6, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/544665/north-america-emea-survey-it-budget-allocation-by-segment/
Spiceworks. (2023). Allocation of information technology (IT) budgets in organizations in North America and Europe in 2024, by segment. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/544665/north-america-emea-survey-it-budget-allocation-by-segment/
Spiceworks. "Allocation of Information Technology (It) Budgets in Organizations in North America and Europe in 2024, by Segment." Statista, Statista Inc., 6 Sep 2023, https://www.statista.com/statistics/544665/north-america-emea-survey-it-budget-allocation-by-segment/
Spiceworks, Allocation of information technology (IT) budgets in organizations in North America and Europe in 2024, by segment Statista, https://www.statista.com/statistics/544665/north-america-emea-survey-it-budget-allocation-by-segment/ (last visited September 01, 2024)
Allocation of information technology (IT) budgets in organizations in North America and Europe in 2024, by segment [Graph], Spiceworks, September 6, 2023. [Online]. Available: https://www.statista.com/statistics/544665/north-america-emea-survey-it-budget-allocation-by-segment/