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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Nash Squared. (November 9, 2023). Over the last 12 months has your IT budget increased? [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1183713/it-budget-increase-rate-worldwide/
Nash Squared. "Over the last 12 months has your IT budget increased?." Chart. November 9, 2023. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1183713/it-budget-increase-rate-worldwide/
Nash Squared. (2023). Over the last 12 months has your IT budget increased?. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1183713/it-budget-increase-rate-worldwide/
Nash Squared. "Over The Last 12 Months Has Your It Budget Increased?." Statista, Statista Inc., 9 Nov 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1183713/it-budget-increase-rate-worldwide/
Nash Squared, Over the last 12 months has your IT budget increased? Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1183713/it-budget-increase-rate-worldwide/ (last visited September 20, 2024)
Over the last 12 months has your IT budget increased? [Graph], Nash Squared, November 9, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1183713/it-budget-increase-rate-worldwide/