The main driver for increasing IT budgets for tech companies in North America and Europe was the need to upgrade outdated IT infrastructure. Tech businesses in Europe were also highly driven by inflation and increased security concerns.
Drivers for changes in IT budgets of tech companies in 2022, by region
Characteristic
North America
Europe
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SWZD. (September 30, 2022). Drivers for changes in IT budgets of tech companies in 2022, by region [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1301672/drivers-of-it-budget-changes-by-region/
SWZD. "Drivers for changes in IT budgets of tech companies in 2022, by region." Chart. September 30, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1301672/drivers-of-it-budget-changes-by-region/
SWZD. (2022). Drivers for changes in IT budgets of tech companies in 2022, by region. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1301672/drivers-of-it-budget-changes-by-region/
SWZD. "Drivers for Changes in It Budgets of Tech Companies in 2022, by Region." Statista, Statista Inc., 30 Sep 2022, https://www.statista.com/statistics/1301672/drivers-of-it-budget-changes-by-region/
SWZD, Drivers for changes in IT budgets of tech companies in 2022, by region Statista, https://www.statista.com/statistics/1301672/drivers-of-it-budget-changes-by-region/ (last visited July 22, 2024)
Drivers for changes in IT budgets of tech companies in 2022, by region [Graph], SWZD, September 30, 2022. [Online]. Available: https://www.statista.com/statistics/1301672/drivers-of-it-budget-changes-by-region/