The majority of surveyed business-to-business (B2B) technology vendors report that deal cycles have become longer as a consequence of the COVID-19 pandemic. However, 19 percent of B2B tech vendors claim deal cycles have gotten shorter, and 35 percent report no change in the length of deal cycles.
COVID-19 pandemic's impact on deal cycles according to business-to-business (B2B) technology vendors worldwide in 2020
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Share of respondents
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TrustRadius. (November 10, 2020). COVID-19 pandemic's impact on deal cycles according to business-to-business (B2B) technology vendors worldwide in 2020 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1192763/deal-cycle-change-due-to-covid-19/
TrustRadius. "COVID-19 pandemic's impact on deal cycles according to business-to-business (B2B) technology vendors worldwide in 2020." Chart. November 10, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1192763/deal-cycle-change-due-to-covid-19/
TrustRadius. (2020). COVID-19 pandemic's impact on deal cycles according to business-to-business (B2B) technology vendors worldwide in 2020. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1192763/deal-cycle-change-due-to-covid-19/
TrustRadius. "Covid-19 Pandemic's Impact on Deal Cycles According to Business-to-business (B2b) Technology Vendors Worldwide in 2020." Statista, Statista Inc., 10 Nov 2020, https://www.statista.com/statistics/1192763/deal-cycle-change-due-to-covid-19/
TrustRadius, COVID-19 pandemic's impact on deal cycles according to business-to-business (B2B) technology vendors worldwide in 2020 Statista, https://www.statista.com/statistics/1192763/deal-cycle-change-due-to-covid-19/ (last visited July 22, 2024)
COVID-19 pandemic's impact on deal cycles according to business-to-business (B2B) technology vendors worldwide in 2020 [Graph], TrustRadius, November 10, 2020. [Online]. Available: https://www.statista.com/statistics/1192763/deal-cycle-change-due-to-covid-19/