A survey by SWZD revealed that changes to business operations during the COVID-19 pandemic would be the leading driver for increases in tech spending in the Asia-Pacific region in 2022, according to 46 percent of companies intending to raise their IT budgets. Other top factors included increased priority on ITT projects, increased security concerns, and increased support for remote workers during COVID-19, at respectively 44 percent, 41 percent, and 38 percent of companies.
Leading factors driving increases in IT budget in the Asia-Pacific region in 2022
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Share of companies increasing tech spending
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SWZD. (November 10, 2021). Leading factors driving increases in IT budget in the Asia-Pacific region in 2022 [Graph]. In Statista. Retrieved July 05, 2024, from https://www.statista.com/statistics/1292857/apac-leading-drivers-for-it-budget-increases/
SWZD. "Leading factors driving increases in IT budget in the Asia-Pacific region in 2022." Chart. November 10, 2021. Statista. Accessed July 05, 2024. https://www.statista.com/statistics/1292857/apac-leading-drivers-for-it-budget-increases/
SWZD. (2021). Leading factors driving increases in IT budget in the Asia-Pacific region in 2022. Statista. Statista Inc.. Accessed: July 05, 2024. https://www.statista.com/statistics/1292857/apac-leading-drivers-for-it-budget-increases/
SWZD. "Leading Factors Driving Increases in It Budget in The Asia-pacific Region in 2022." Statista, Statista Inc., 10 Nov 2021, https://www.statista.com/statistics/1292857/apac-leading-drivers-for-it-budget-increases/
SWZD, Leading factors driving increases in IT budget in the Asia-Pacific region in 2022 Statista, https://www.statista.com/statistics/1292857/apac-leading-drivers-for-it-budget-increases/ (last visited July 05, 2024)
Leading factors driving increases in IT budget in the Asia-Pacific region in 2022 [Graph], SWZD, November 10, 2021. [Online]. Available: https://www.statista.com/statistics/1292857/apac-leading-drivers-for-it-budget-increases/