The outbreak of COVID-19, also known as the novel coronavirus, has led to revised growth expectations for enterprise software spending in 2020. A survey of software buyers and users revealed that on the whole, organizations will spend less on software, yet certain software solutions, particularly remote work solutions, are expected to witness spending increase. As of April, 67 percent of respondents reported increases in spending on web conferencing software.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.
Where are businesses increasing software spending?
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TrustRadius. (June 8, 2020). Where are businesses increasing software spending? [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1116831/business-software-spending-covid19-forecast/
TrustRadius. "Where are businesses increasing software spending?." Chart. June 8, 2020. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1116831/business-software-spending-covid19-forecast/
TrustRadius. (2020). Where are businesses increasing software spending?. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1116831/business-software-spending-covid19-forecast/
TrustRadius. "Where Are Businesses Increasing Software Spending?." Statista, Statista Inc., 8 Jun 2020, https://www.statista.com/statistics/1116831/business-software-spending-covid19-forecast/
TrustRadius, Where are businesses increasing software spending? Statista, https://www.statista.com/statistics/1116831/business-software-spending-covid19-forecast/ (last visited December 30, 2024)
Where are businesses increasing software spending? [Graph], TrustRadius, June 8, 2020. [Online]. Available: https://www.statista.com/statistics/1116831/business-software-spending-covid19-forecast/
