The statistic shows the average information technology budget for the top-spending state governments in the United States in the period 2011 to 2015. Over that time, California had the largest state IT budget at just under four billion U.S. dollars.
The United States federal government budget has allotted around 75 billion dollars toward its 2025 civilian federal agency information technology budget. As leadership and government priorities change, the IT budgets allocated to different departments tend to follow suit. The Department of Energy's IT budget increased significantly by 37 percent compared to the previous year, with 5.5 billion U.S. dollars allocated in FY 2025. Similarly, the IT budget of the Department of Homeland security also increased by 23 percent compared to the previous year, to around 11 billion U.S. dollars for FY 2025. Meanwhile, the Office of Personnel Management saw its IT budget shrink the most among the civilian federal government agencies, decreasing by a staggering 64 percent compared to FY 2024. Since the 2022 federal budget, figures do not include the portion of the budget allocated to the Department of Defense or other classified IT spending. U.S. government budget In the United States, huge shares of government expenditures go towards the Department of Health and Human Services as well as the Social Security Administration. Due in part to the country’s continually increasing budget, the government has run at an annual deficit since 2002, with its 2024 deficit estimated to over be around 1.9 trillion dollars. Cybersecurity budget One of the main facets of the U.S. government IT budget is spending related to cybersecurity. Over 12 billion U.S. dollars have been allocated towards cybersecurity in 2024. The Departments of Homeland Security and Justice have unsurprisingly had the highest cybersecurity budgets across all departments, given the sensitive nature of their work.
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Graph and download economic data for Future Technology Spending; Percent Expecting No Change for New York (DISCONTINUED) (TSFNSA156MSFRBNY) from Jul 2001 to May 2024 about information technology, expenditures, NY, percent, and manufacturing.
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Graph and download economic data for Future Technology Spending; Diffusion Index for New York (DISCONTINUED) (TSFDINA066MNFRBNY) from Jul 2001 to May 2024 about information technology, diffusion, expenditures, NY, manufacturing, and indexes.
The statistic depicts the leading U.S. states by information technology expenditure, in 2016. In 2016, Texas is predicted to contribute some 48.8 billion U.S. dollars to the United States' and global information technology spending.
This statistic presents the distribution of spending by mid-market companies on technology in the United States from 2015 to 2018. As of 2018, 45 percent of respondents said that their organizations' spent between one to five percent of revenues on technology.
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The United States IT spending market attained a value of nearly USD 1.30 Trillion in 2024. The market is further expected to grow at a CAGR of 3.80% during the forecast period of 2025-2034 to reach a value of USD 1.89 Trillion by 2034.
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IT Spending In Public Sector Market size was valued at USD 32.5 Billion in 2023 and is projected to reach USD 90.13 Billion by 2031, growing at a CAGR of 17% during the forecast period 2024-2031.
Global IT Spending In Public Sector Market Drivers
The market drivers for the IT Spending In Public Sector Market can be influenced by various factors. These may include:
Digital Transformation: The public sector is undergoing significant digital transformation driven by the need for greater efficiency and improved service delivery. Governments are increasingly adopting cloud computing, data analytics, and artificial intelligence to modernize operations. This shift is not only aimed at streamlining internal processes but also enhancing the citizen experience through better services and faster response times. The push for smart city initiatives and e-governance platforms further accelerates IT spending, as organizations seek to leverage technology for transparency, accountability, and engagement. As digital capabilities evolve, public sector entities are compelled to invest in IT solutions that facilitate innovation and responsiveness to citizen needs.
Cybersecurity Concerns: With the rise in cyber threats, cybersecurity has become a paramount concern for the public sector, which often houses sensitive data. High-profile data breaches have prompted agencies to allocate substantial portions of their IT budgets to cybersecurity measures. This investment includes adopting advanced security technologies, implementing robust protocols, and ensuring compliance with regulations. Public institutions are increasingly focusing on risk management, employee training, and incident response strategies. Moreover, the increasing reliance on interconnected systems and IoT devices adds layers of complexity to cybersecurity, necessitating ongoing investment in state-of-the-art solutions to protect sensitive information and maintain public trust.
Global IT Spending In Public Sector Market Restraints
Several factors can act as restraints or challenges for the IT Spending In Public Sector Market. These may include:
Budgetary Constraints: Budgetary constraints are significant restraints on IT spending in the public sector, where funding is often limited and subject to stringent oversight. Governments must allocate resources across multiple essential services, such as healthcare, education, and infrastructure, which can reduce the budget available for IT initiatives. This limitation often leads to delays in technology upgrades or the adoption of new systems, as public sector organizations may prioritize immediate needs over long-term IT investments. Moreover, competing priorities and fiscal pressures can hinder the implementation of innovative solutions, causing public entities to fall behind in adopting advanced technologies necessary for operational efficiency.
Regulatory Compliance: Regulatory compliance presents a considerable restraint for IT spending in the public sector, as organizations must adhere to numerous laws and regulations that govern data security, privacy, and procurement processes. Compliance requirements can necessitate significant expenditures on software, training, and personnel to ensure that public entities meet standards set by federal, state, and local authorities. Additionally, the complexity of navigating these regulations can lead to implementation delays, increased administrative costs, and a more conservative approach to IT investments. This cautious stance can stifle innovation, as public sector organizations may be reluctant to adopt new technologies without clear compliance frameworks in place.
The statistic depicts the business and government spending on business and information technology products, services and staff from 2012 to 2022 in the United States. The U.S. spending on technology products, services and staff was estimated to reach around 1.94 trillion U.S. dollars in 2021, marking a recovery from the coronavirus (COVID-19) pandemic.
This dataset compares information technology (IT) spending by Technology Tower in the State of Washington against industry benchmarks. Benchmarking is an analysis tool to assess where IT spending may be high or low compared to peers; this data contributes to informed decision making of future IT investments and IT strategy by agency leadership, Washington Technology Solutions (WaTech), and the legislature. IT spend data is provided by WaTech's Technology business management (TBM) program; a required program per RCW 43.105.054. Amounts are shown as a percentage of the organization’s total IT operating expenses.
This dataset contains Washington state's monthly information technology (IT) spending. IT spend is categorized into Technology Business Management (TBM) technology towers. It is part of WaTech's Statewide IT Portfolio Management - Monthly Reporting Metrics.
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The global market size of IT Spending is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global IT Spending Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global IT Spending industry. The key insights of the report:
1.The report provides key statistics on the market status of the IT Spending manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of IT Spending industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of IT Spending Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of IT Spending as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share
For product type segment, this report listed main product type of IT Spending market
* Product Type I
* Product Type II
* Product Type III
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III
For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.
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China State-Owned Capital Management: Expenditure: RP: Industry and Information Technology Supervision data was reported at 4,114.000 RMB mn in 2012. This records an increase from the previous number of 2,983.000 RMB mn for 2011. China State-Owned Capital Management: Expenditure: RP: Industry and Information Technology Supervision data is updated yearly, averaging 2,983.000 RMB mn from Dec 2010 (Median) to 2012, with 3 observations. The data reached an all-time high of 4,114.000 RMB mn in 2012 and a record low of 1,477.000 RMB mn in 2010. China State-Owned Capital Management: Expenditure: RP: Industry and Information Technology Supervision data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under China Premium Database’s Government and Public Finance – Table CN.FA: State-Owned Capital Management: Revenue and Expenditure.
For the 2024 fiscal year, the U.S. federal government allocated around **** billion U.S. dollars for major federal IT investments. The total amount of spending on IT is expected to amount to over *** billion U.S. dollars in 2024, significantly higher than the federal government's IT budget in the previous year.
This dataset compares information technology (IT) spending by Cost Pool in the State of Washington against industry benchmarks. Benchmarking is an analysis tool to assess where IT spending may be high or low compared to peers; this data contributes to more informed decision making of future IT investments and IT strategy by agency leadership, Washington Technology Solutions (WaTech) and the legislature.
IT spend data is provided by WaTech's Technology business management (TBM) program; a required program per RCW 43.105.054. Amounts are shown as a percentage of the total IT operating expenses.
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This report contains technology expenditures for the executive branch summarized by Budget Fiscal Year, Month, Agency and Object Name.
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United States US: Research and Development Expenditure: % of GDP data was reported at 2.794 % in 2015. This records an increase from the previous number of 2.755 % for 2014. United States US: Research and Development Expenditure: % of GDP data is updated yearly, averaging 2.620 % from Dec 1996 (Median) to 2015, with 20 observations. The data reached an all-time high of 2.822 % in 2009 and a record low of 2.442 % in 1996. United States US: Research and Development Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Technology. Gloss domestic expenditures on research and development (R&D), expressed as a percent of GDP. They include both capital and current expenditures in the four main sectors: Business enterprise, Government, Higher education and Private non-profit. R&D covers basic research, applied research, and experimental development.; ; UNESCO Institute for Statistics; Weighted average; Each economy is classified based on the classification of World Bank Group's fiscal year 2018 (July 1, 2017-June 30, 2018).
The statistic shows the information technology budget, including all funds, for state governments in the United States, from 2010 to 2020. In 2015, state governments in the United States had a combined IT budget of 29.2 billion U.S. dollars, up from 25.2 billion U.S. dollars in 2014.
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This report contains technology expenditures for the executive branch summarized by Budget Fiscal Year, Month, Agency and Object Name.
The Office of the CIO (OCIO) oversees the state's expenditures on technology. This detailed data set provides insight into statewide IT spend.
The statistic shows the average information technology budget for the top-spending state governments in the United States in the period 2011 to 2015. Over that time, California had the largest state IT budget at just under four billion U.S. dollars.