COVID-19 impact on software expenditure worldwide 2020

Published by
Lionel Sujay Vailshery,
Feb 13, 2024
The outbreak of COVID-19, also known as novel coronavirus, has led to revised growth expectations for software spending in 2020. Survey result comparison from March to May 2020 shows that as the impact of the pandemic becomes more known with time, an increasing percentage of software buyers reported no change to their 2020 software spending.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.

COVID-19 impact on software spending worldwide 2020 (Survey results comparison: March, April & May

CharacteristicMarch April May
We'll spend more 40% 15% 16%
We'll spend less 18% 31% 16%
I don't think it will 26% 30% 44%
I'm not sure 15% 24% 25%
Showing entries 1 to 4 (4 entries in total)
Created with Highcharts 7.2.2Share of respondents40%40%18%18%26%26%15%15%15%15%31%31%30%30%24%24%16%16%16%16%44%44%25%25%MarchAprilMayWe'll spend moreWe'll spend lessI don't think it willI'm not sure
0%10%20%30%40%50%

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Release date

June 2020

Region

Worldwide

Survey time period

March through May 2020

Number of respondents

1,100 respondents

Special properties

TrustRadius database of software buyers and users

Method of interview

Email survey

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