The main driver for increasing IT budgets for tech companies in North America and Europe was the need to upgrade outdated IT infrastructure. Tech businesses in Europe were also highly driven by inflation and increased security concerns.
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SWZD. (September 30, 2022). Drivers for changes in IT budgets of tech companies in 2022, by region [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 23, 2026, from /statistics/1301672/drivers-of-it-budget-changes-by-region/
SWZD. "Drivers for changes in IT budgets of tech companies in 2022, by region." Chart. September 30, 2022. ÌÇÐÄÆƽâ°æ. Accessed July 23, 2026. /statistics/1301672/drivers-of-it-budget-changes-by-region/
SWZD. (2022). Drivers for changes in IT budgets of tech companies in 2022, by region. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 23, 2026. /statistics/1301672/drivers-of-it-budget-changes-by-region/
SWZD. "Drivers for Changes in It Budgets of Tech Companies in 2022, by Region." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 30 Sep 2022, /statistics/1301672/drivers-of-it-budget-changes-by-region/
SWZD, Drivers for changes in IT budgets of tech companies in 2022, by region ÌÇÐÄÆƽâ°æ, /statistics/1301672/drivers-of-it-budget-changes-by-region/ (last visited July 23, 2026)
Drivers for changes in IT budgets of tech companies in 2022, by region [Graph], SWZD, September 30, 2022. [Online]. Available: /statistics/1301672/drivers-of-it-budget-changes-by-region/
