Over half of organizations in North America and Europe anticipate that the driver of their IT budget increase is due to the need to upgrade outdated IT infrastructure in 2024. At the same time, 48 percent of respondents stated that budget increases may also be a consequence of increased security concerns.
Top factors leading to an increase of IT budgets in companies in North America and Europe from 2019 to 2024
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.
Spiceworks. (September 6, 2023). Top factors leading to an increase of IT budgets in companies in North America and Europe from 2019 to 2024 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1105170/top-factors-leading-to-it-budget-increases/
Spiceworks. "Top factors leading to an increase of IT budgets in companies in North America and Europe from 2019 to 2024." Chart. September 6, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1105170/top-factors-leading-to-it-budget-increases/
Spiceworks. (2023). Top factors leading to an increase of IT budgets in companies in North America and Europe from 2019 to 2024. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1105170/top-factors-leading-to-it-budget-increases/
Spiceworks. "Top Factors Leading to An Increase of It Budgets in Companies in North America and Europe from 2019 to 2024." Statista, Statista Inc., 6 Sep 2023, https://www.statista.com/statistics/1105170/top-factors-leading-to-it-budget-increases/
Spiceworks, Top factors leading to an increase of IT budgets in companies in North America and Europe from 2019 to 2024 Statista, https://www.statista.com/statistics/1105170/top-factors-leading-to-it-budget-increases/ (last visited November 21, 2024)
Top factors leading to an increase of IT budgets in companies in North America and Europe from 2019 to 2024 [Graph], Spiceworks, September 6, 2023. [Online]. Available: https://www.statista.com/statistics/1105170/top-factors-leading-to-it-budget-increases/