United States: Forecasts for tech budget growth 2020-2022

Published by
Ahmed Sherif,
Jul 7, 2023
Tech budgets in the United States are expected to expand by 7.4 percent in 2021, and 6.7 percent in 2022. These forecasts are more positive than the foregoing ones. This is due to businesses reopening after the pandemic in the United States which leads to an overall positive impact on the growth of the economy. Notably, software spending will be especially strong compared to other tech categories.

Forecasts for United States tech budget growth from 2020 to 2022

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Release date

July 2021

Region

United States

Survey time period

2020 to 2021

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Overview

5

Segment: Software and hardware

6

Segment: Services and cloud

5

Segment: Public sector and government

5

Companies: IT vendors

6

Special focus: AI investments

6

Further related statistics

10

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Statistics

Topics

IT budgets & investmentsCloud computingEnterprise softwareDatabase softwareSecurity software
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