Impact of COVID-19 on IT and business service spending 2019-2024

Published by
Ahmed Sherif,
Jul 7, 2023
This statistic shows the forecast change in IT and business services spending worldwide by industry sector from 2019 to 2024. The IT & business services spending in the travel, hospitality and logistics industry is forecast to decrease by around 39.5 percent in 2021 due to impact of the coronavirus pandemic. This is the highest projected decrease in spending across all industries in that year.

Forecast change in IT and business services spending worldwide from 2019 to 2024, by industry sector

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Release date

June 2020

Region

Worldwide

Survey time period

2019 to 2020

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Coronavirus (COVID-19): impact on tech sectorCoronavirus COVID-19 in ChinaCoronavirus disease (COVID-19) pandemicCoronavirus (COVID-19) in the U.S.Coronavirus (COVID-19) in the UK
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