In 2023, software and tech hosting/cloud services/MSP companies had a much higher spending share on IT than other industries, amounting to ** percent and ** percent of their revenues, respectively. By contrast, the consumer products and services industry invested only around **** percent of their revenue in IT. Overall, all industries increased their IT spending per revenue share in 2023 compared to the previous year. Cloud computing Cloud computing is an essential IT service that utilizes a network of distant servers hosted over the Internet to store, handle, and process data. This segment of IT services was projected to generate revenues exceeding *** billion U.S. dollars in 2024 and is expected to continue its rapid growth trajectory. Managed Services Providers (MSPs) provide companies with the expertise and technical support to manage their cloud infrastructure and products without the need for in-house specialists. Cloud computing is segmented into three main categories. Software as a Service (SaaS) delivers software applications over the Internet, on a subscription basis, freeing companies from software and hardware management. Infrastructure as a Service (IaaS) offers a virtualized computing infrastructure managed over the Internet, allowing businesses to avoid the costs and complexities of purchasing and managing physical servers and data center infrastructure. Platform as a Service (PaaS) provides a platform allowing customers to develop, run, and manage applications without the complexity of building and maintaining the infrastructure.
The statistic shows internal research and development (R&D) expenditure of industrial enterprises in China between 2013 and 2023, as a percentage of revenue. In 2023, internal R&D expenditure of industrial companies in China amounted to 1.55 percent of revenue.
This statistic represents the percentage of expenditure on research and development of total revenue in 2022, by industrial sector. The data was generated from the numbers of the 2,500 top companies worldwide. In 2022, spending on research and development accounted for around ** percent of the total revenue in the health industries.
In 2022, the highest share of research and development spending (R&D) was made within the hardware technology producing industry, accounting for a total of nearly ** percent of the global R&D spending. The health sector and software producers followed in second at nearly ** percent each. In total, global R&D spending reached *** trillion U.S. dollars in 2022. Health industry and COVID-19 The high share spent by the health industry must be seen in relation with the COVID-19 pandemic that started spreading in late 2019 and caused deaths, lockdowns, and restrictions throughout 2020 and onwards. As governments and pharmaceutical companies sought to find an efficient vaccine against the virus, investment in research continued to increase. However, regardless of the pandemic, R&D spending within health care is essential in order to combat a variety of diseases, from small pox via malaria to cancer. Information and communication technology As people around the world become more and more dependent on information and communication technology, research spending by companies producing hardware and software continues to increase as these seek to further develop. For instance, all the seven companies with the highest R&D spending in 2022 were either software or hardware producing companies. The largest single investor was the software giant ******.
Internet advertising was projected to be the medium with the largest share of advertising revenue in the United States in 2022, with 61 percent. Newspapers and magazines were projected to account for roughly 2.7 and 3.3 percent respectively
Advertising spending in the United States – additional information
The U.S. is the largest advertising market worldwide. In 2021, advertising spending in the U.S. amounted to 285 billion U.S. dollars. Second-ranked China spent roughly 90 billion U.S. dollars in advertising that year, a significantly smaller share in comparison to the U.S.
Television remains the leading traditional medium in the U.S. About 68 billion U.S. dollars were invested in television advertising in the U.S. in 2021. In 2022, TV was expected to account for 21 percent of all advertising revenue in the country. Up until recently TV was the main medium overall, however, digital has seen unprecedented growth in the last few years and took the lead ahead of television. Digital advertising spending in the U.S. is estimated to increase from about 199 billion U.S. dollars in 2021 to just over 341 billion by 2026. Digital search is one of the main formats of digital advertising in the U.S., accounting for roughly 40 percent of the U.S. ad expenditure in 2021. Another key trend is the rise of mobile platforms in the advertising industry in the U.S. Mobile investments are projected to increase in the coming years while desktop will see declines at the same time.
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Graph and download economic data for Expenditures: Gasoline, Other Fuels, and Motor Oil by Deciles of Income Before Taxes: Seventh 10 Percent (61st to 70th Percentile) (CXUGASOILLB1508M) from 2014 to 2022 about fuels, percentile, oil, gas, tax, expenditures, income, and USA.
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Graph and download economic data for Federal Receipts as Percent of Gross Domestic Product (FYFRGDA188S) from 1929 to 2024 about receipts, federal, GDP, and USA.
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Graph and download economic data for Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S) from 1929 to 2024 about budget, federal, GDP, and USA.
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Meghalaya: Revenue Receipts: Tax: Share in Central: Other Taxes on Income and Expenditure data was reported at 0.200 INR mn in 2022. This records a decrease from the previous number of 88.600 INR mn for 2019. Meghalaya: Revenue Receipts: Tax: Share in Central: Other Taxes on Income and Expenditure data is updated yearly, averaging 0.100 INR mn from Mar 2007 (Median) to 2022, with 5 observations. The data reached an all-time high of 88.600 INR mn in 2019 and a record low of -0.200 INR mn in 2007. Meghalaya: Revenue Receipts: Tax: Share in Central: Other Taxes on Income and Expenditure data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Government and Public Finance – Table IN.FG018: State Finances: Revenue Receipts: Meghalaya.
In 2022, the highest share of Romania's budget revenue was from insurance contributions at **** percent. In 2023, the percentage slightly increased to **** percent while the profit tax, VAT, excises, non-tax revenues and other revenues have decreased. However, the share of EU and NRRP funds has increased considerably.
The revenue expenditure of India's central government was estimated to decline to 12.7 percent of the country's GDP in financial year 2023 as compared to the previous year's share. The budget estimates for fiscal year 2024 depicts a further decline of almost one percent.
In 2022, preliminary figures indicated that Vietnam's oil industry contributed about 4.3 percent of revenue to the state budget, a modest rise from the year before. Most of Vietnam's crude oil and natural gas reserves lie offshore, mainly in the Cuu Long and the Nam Con Son basins.
In 2022, Slovakia's advertising revenue accounted for 0.55 percent of the country's gross domestic product (GDP). This was the highest figure among the presented Central and Eastern European (CEE) countries. It was followed by Czechia and Hungary, with 0.53 percent and 0.46 percent of GDP, respectively.
This graph shows the income tax as a percentage of government revenues in China in selected years from 2000 to 2022. In 2022, around 28.8 percent of government revenue in China resulted from income tax.
In 2022, digital advertising accounted for ** percent of total ad revenue worldwide. The share is expected to grow to ** percent in 2028, reaching ** percent in 2024.
Digital advertising was the largest advertising medium by revenue in Moldova, having occupied over 36 percent of the total advertising sales revenue in 2022. TV advertising followed closely, with roughly 35 percent.
During the first half of 2022, the top one percent of app publishers generated 91 percent of mobile app revenue across Google Play and the Apple App Store. The other 99 percent of app publishers generated only nine percent of total app revenue. During the third quarter of 2022, worldwide gross app revenue in Google Play and the Apple App Store amounted to a combined 31.6 billion U.S. dollars.
According to a 2022 study conducted among consumer packaged goods manufacturers, CPG companies reinvested 17.8 percent of their sales gains into marketing budgets. In 2023, the share was expected to increase slightly to 18.7 percent.
During the first quarter of 2022, approximately 82 percent of all revenues for non-gaming apps were generated via subscriptions. By comparison, only 36 percent of mobile gaming app revenues were generated using subscriptions as a monetization model. In 2021, the annual global spending on the leading subscription apps from consumers worldwide amounted to around 18.3 billion U.S. dollars.
Of the 284 billion U.S. dollars that the home and community based services (HCBS) spending reported in 2022, roughly 70 percent came from Medicaid payments. Meanwhile, Medicare does not generally cover long-term care services.
In 2023, software and tech hosting/cloud services/MSP companies had a much higher spending share on IT than other industries, amounting to ** percent and ** percent of their revenues, respectively. By contrast, the consumer products and services industry invested only around **** percent of their revenue in IT. Overall, all industries increased their IT spending per revenue share in 2023 compared to the previous year. Cloud computing Cloud computing is an essential IT service that utilizes a network of distant servers hosted over the Internet to store, handle, and process data. This segment of IT services was projected to generate revenues exceeding *** billion U.S. dollars in 2024 and is expected to continue its rapid growth trajectory. Managed Services Providers (MSPs) provide companies with the expertise and technical support to manage their cloud infrastructure and products without the need for in-house specialists. Cloud computing is segmented into three main categories. Software as a Service (SaaS) delivers software applications over the Internet, on a subscription basis, freeing companies from software and hardware management. Infrastructure as a Service (IaaS) offers a virtualized computing infrastructure managed over the Internet, allowing businesses to avoid the costs and complexities of purchasing and managing physical servers and data center infrastructure. Platform as a Service (PaaS) provides a platform allowing customers to develop, run, and manage applications without the complexity of building and maintaining the infrastructure.