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IT spending as share of company revenue in 2023, by region

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Source

Release date

November 2023

Region

Worldwide

Survey time period

2023

Number of respondents

506 respondents

Special properties

Executives and high-level managers in IT with visibility into their organizations' overall IT budgets; Organizations with at least 2,000 employees

Method of interview

Questionnaire

Citation formats

IT spend as share of revenue worldwide 2023, by region

Published by
Christy Tila,
Nov 5, 2023

North American companies are investing in technology initiatives at a higher level than European organizations, with IT spending accounting for ** percent of company revenue. European companies' IT expenditure lags behind the global average, which stood at ** percent of company revenue at the time of the survey.

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IT budgets & investmentsCloud computingEnterprise softwareDatabase softwareSecurity software
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