According to a survey conducted in 2020, around 30 percent of small and medium businesses (SMBs) in Australia intended to increase their expenditure on technology by up to 10 percent in 2021. This increase in technology expenditure has likely been as a response to the global Coronavirus pandemic, which has pushed SMBs in the country to invest in digitalization to remain competitive in the changing business landscape.
Intended change in technology expenditure of small and medium businesses in Australia in 2021, by range
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Change in expenditure
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IDC. (January 18, 2021). Intended change in technology expenditure of small and medium businesses in Australia in 2021, by range [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1198141/australia-smb-technology-spending-intent-by-range/
IDC. "Intended change in technology expenditure of small and medium businesses in Australia in 2021, by range." Chart. January 18, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1198141/australia-smb-technology-spending-intent-by-range/
IDC. (2021). Intended change in technology expenditure of small and medium businesses in Australia in 2021, by range. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1198141/australia-smb-technology-spending-intent-by-range/
IDC. "Intended Change in Technology Expenditure of Small and Medium Businesses in Australia in 2021, by Range." Statista, Statista Inc., 18 Jan 2021, https://www.statista.com/statistics/1198141/australia-smb-technology-spending-intent-by-range/
IDC, Intended change in technology expenditure of small and medium businesses in Australia in 2021, by range Statista, https://www.statista.com/statistics/1198141/australia-smb-technology-spending-intent-by-range/ (last visited August 24, 2024)
Intended change in technology expenditure of small and medium businesses in Australia in 2021, by range [Graph], IDC, January 18, 2021. [Online]. Available: https://www.statista.com/statistics/1198141/australia-smb-technology-spending-intent-by-range/