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 presents IT spending as a percentage of company revenue worldwide as of 2019, by industry sector. In the financial services industry, IT spending ranged between *** at the 25th percentile to **** percent at the 75 percentile as of 2019.

According to an annual survey among chief marketing officers (CMOs) in North America and Northern and Western Europe, *** percent of their employers' revenues were allocated to marketing in 2024, down from *** percent a year earlier. In 2016, that share peaked at over ** percent. Diversity among CMOs in the United States… A study fielded in the U.S. revealed that women accounted for **** of Fortune 500 companies' CMOs in 2023. Two years before, the share stood at ** percent. Meanwhile, the percentage of people belonging to historically underrepresented racial or ethnic groups working as CMOs at the same group of organizations reached ** percent in 2023, down from ** percent a year earlier. … and in the United Kingdom A 2024 survey showed that, on average, the share of women among marketing directors or CMOs in the UK surpassed ** percent. Despite that female majority, several British companies did not offer a marketing leadership position to begin with. According to the same study, less than ********** of UK companies had a CMO or marketing director.

The Community College Financial Information System or CCFIS assists community colleges with compliance with ORS 341.670, which sets out guidelines for reporting of funds, revenues and expenditures on an annual basis to a system created by HECC. This data is from the 2007-08 academic year to the 2023-24 academic year.

During a 2025 survey among chief marketing officers (CMOs) from for-profit companies in the United States, respondents reported that, on average, corporations selling consumer packaged goods (CPG) allocated approximately ** percent of their total budgets to marketing expenses. The consumer services and real estate segments followed, both with average shares above ** percent. The CPG market on the spotlight CPG marketing promotes perishable consumer goods such as food, beverages, or household products. As these items are used and replenished regularly, the CPG industry is known as a highly competitive playing field, and brands rely on effective marketing campaigns to stand out among the crowd. Top advertising spenders Amazon was the top advertiser in the U.S. in 2023, with over ** billion U.S. dollars in spending. Procter & Gamble was the leading advertiser from the CPG industry that year, which comes as no surprise considering the conglomerate's size and extensive brand portfolio. Many of the world’s most popular cleaning and personal care brands, such as Pampers, Braun, Gillette, and Pantene, fall under the P&G umbrella, making the company a multinational CPG giant.

United States US: Expenditure data was reported at 4,233.730 USD bn in 2016. This records an increase from the previous number of 4,109.428 USD bn for 2015. United States US: Expenditure data is updated yearly, averaging 1,510.750 USD bn from Sep 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 4,233.730 USD bn in 2016 and a record low of 227.660 USD bn in 1972. United States US: Expenditure 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: Government Revenue, Expenditure and Finance. Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

US: Expenditure: Other Expenditure: % of GDP data was reported at 6.325 % in 2016. This records a decrease from the previous number of 6.548 % for 2015. US: Expenditure: Other Expenditure: % of GDP data is updated yearly, averaging 6.691 % from Sep 1989 (Median) to 2016, with 28 observations. The data reached an all-time high of 9.973 % in 2009 and a record low of 0.497 % in 1997. US: Expenditure: Other 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: Government Revenue, Expenditure and Finance. Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;

State Budget: Revenue: Current: Tax data was reported at 1,138,538,439.630 EUR in Jan 2025. This records an increase from the previous number of 1,095,647,202.940 EUR for Dec 2024. State Budget: Revenue: Current: Tax data is updated monthly, averaging 559,185,330.880 EUR from Jan 1998 (Median) to Jan 2025, with 325 observations. The data reached an all-time high of 1,388,841,241.210 EUR in Apr 2024 and a record low of 61,968,256.284 EUR in Jan 2002. State Budget: Revenue: Current: Tax data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Slovenia – Table SI.F013: State Budget: Revenue and Expenditure.

United States US: Expenditure: Interest Payments: % of Revenue data was reported at 13.642 % in 2016. This records an increase from the previous number of 12.630 % for 2015. United States US: Expenditure: Interest Payments: % of Revenue data is updated yearly, averaging 15.112 % from Sep 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 19.229 % in 1985 and a record low of 6.428 % in 1973. United States US: Expenditure: Interest Payments: % of Revenue 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: Government Revenue, Expenditure and Finance. Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;

CN: Zhejiang: Jiaxing: Govt Revenue: General Public Budget Revenue: Non Tax: Income from Use of State-owned Resources(Assets) data was reported at 2,218.020 RMB mn in 2023. This records an increase from the previous number of 2,162.460 RMB mn for 2022. CN: Zhejiang: Jiaxing: Govt Revenue: General Public Budget Revenue: Non Tax: Income from Use of State-owned Resources(Assets) data is updated yearly, averaging 911.930 RMB mn from Dec 2016 (Median) to 2023, with 8 observations. The data reached an all-time high of 2,218.020 RMB mn in 2023 and a record low of 289.300 RMB mn in 2017. CN: Zhejiang: Jiaxing: Govt Revenue: General Public Budget Revenue: Non Tax: Income from Use of State-owned Resources(Assets) data remains active status in CEIC and is reported by Jiaxing Municipal Finance Bureau. The data is categorized under China Premium Database’s Government and Public Finance – Table CN.FC: General Public Budget Revenue & Expenditure: Zhejiang.

CN: Zhejiang: Lishui: Govt Revenue: General Public Budget Revenue: Non Tax: Special Project Income data was reported at 1,401.550 RMB mn in 2023. This records an increase from the previous number of 936.270 RMB mn for 2022. CN: Zhejiang: Lishui: Govt Revenue: General Public Budget Revenue: Non Tax: Special Project Income data is updated yearly, averaging 926.620 RMB mn from Dec 2016 (Median) to 2023, with 8 observations. The data reached an all-time high of 1,401.550 RMB mn in 2023 and a record low of 612.190 RMB mn in 2016. CN: Zhejiang: Lishui: Govt Revenue: General Public Budget Revenue: Non Tax: Special Project Income data remains active status in CEIC and is reported by Lishui Municipal Finance Bureau. The data is categorized under China Premium Database’s Government and Public Finance – Table CN.FC: General Public Budget Revenue & Expenditure: Zhejiang.

Utah: GR: OS: Taxes: Individual Income data was reported at 3,157,718.000 USD th in 2015. This records an increase from the previous number of 2,889,912.000 USD th for 2014. Utah: GR: OS: Taxes: Individual Income data is updated yearly, averaging 811,740.500 USD th from Jun 1972 (Median) to 2015, with 42 observations. The data reached an all-time high of 3,157,718.000 USD th in 2015 and a record low of 74,096.000 USD th in 1972. Utah: GR: OS: Taxes: Individual Income data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.F053: Revenue & Expenditure: State and Local Government: Utah.

This report includes links to data and information from Oregon Public Universities (as defined in ORS 352.002), per HB 2946 (2017). For more information visit https://www.oregon.gov/transparency/Pages/index.aspx.

According to Cognitive Market Research, the global IT Spending in Automotive market size is USD 15481.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 6192.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 4644.36 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 3560.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 774.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 309.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The Services held the highest IT Spending in Automotive market revenue share in 2024.

Market Dynamics of IT Spending in the Automotive Market

Key Drivers for IT Spending in the Automotive Market

Global Economic Trends Propel Market Growth

Global economic trends, including GDP growth, interest rates, and consumer confidence, significantly impact spending patterns in the automotive market. During periods of economic expansion, consumers tend to have higher disposable incomes, leading to increased demand for new vehicles and optional features. Conversely, economic downturns can dampen consumer sentiment and curb spending on big-ticket items like automobiles, prompting automakers to adjust production levels and marketing strategies accordingly. Supply chain disruptions, geopolitical tensions, and natural disasters can also influence spending within the automotive industry by affecting production capacities, raw material prices, and supply chain logistics. Uncertainties surrounding trade agreements and tariffs can further exacerbate these challenges, prompting automakers to reevaluate sourcing strategies and production footprints to mitigate risks and ensure business continuity.

Restraint Factor for IT Spending in the Automotive Market

High Cost of Treatment to Limit the Sales

One significant restraint on IT spending in the automotive market is the high cost of technological integration and development. As vehicles become more complex and connected, automakers must invest heavily in research and development to stay competitive. This includes developing advanced driver-assistance systems (ADAS), electric vehicle (EV) technology, connectivity features, and autonomous driving capabilities. The substantial upfront investment required for these technologies can strain budgets and slow down IT spending in other areas. Moreover, the automotive industry operates within a highly regulated environment, which imposes stringent safety, emissions, and cybersecurity standards. Compliance with these regulations not only adds to the cost of vehicle production but also necessitates ongoing investments in testing, certification, and regulatory compliance management. Failure to meet regulatory requirements can result in costly fines, recalls, and reputational damage, further constraining IT spending as resources are diverted toward remediation efforts.

Opportunity for IT Spending in the Automotive Market

Technological Advancements to Increase the Demand Globally

Technological advancements have also been instrumental in driving spending within the automotive industry. The emergence of electric and hybrid vehicles has led to substantial investments in research and development to enhance battery efficiency, charging infrastructure, and overall performance. Similarly, the integration of artificial intelligence (AI), the Internet of Things (IoT), and advanced driver-assistance systems (ADAS) has transformed the driving experience, prompting automakers to allocate resources towards developing and integrating these technologies into their vehicles. Furthermore, regulatory changes aimed at reducing emissions and enhancing safety standards have compelled automakers to invest in the development of cleaner and more efficient propulsion systems, such as electric powertrains and hydrog...

Interest payments (% of revenue) in United States was reported at 17.98 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Interest payments (% of revenue) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Revenue expenditure is the cost of running local authority services such as staffing, heating, lighting and cleaning, together with expenditure on goods and services consumed within the year.

Sao Tome and Principe ST: Expenditure: Other Expenditure: % of GDP data was reported at 7.477 % in 2012. This records a decrease from the previous number of 9.985 % for 2011. Sao Tome and Principe ST: Expenditure: Other Expenditure: % of GDP data is updated yearly, averaging 16.786 % from Dec 2002 (Median) to 2012, with 11 observations. The data reached an all-time high of 20.962 % in 2002 and a record low of 7.477 % in 2012. Sao Tome and Principe ST: Expenditure: Other Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sao Tome and Principe – Table ST.World Bank: Government Revenue, Expenditure and Finance. Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;

This statistic depicts the spending on research and development by Eli Lilly and Company, shown as a share of revenue from 2010 to 2024. In 2024, the company spent some 24 percent of its revenues on R&D purposes. Eli Lilly and Company is an international pharmaceutical company, headquartered in Indianapolis, Indiana.

ES: Revenue Excluding Grants data was reported at 176,448.000 EUR mn in 2016. This records an increase from the previous number of 176,277.000 EUR mn for 2015. ES: Revenue Excluding Grants data is updated yearly, averaging 101,942.000 EUR mn from Dec 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 199,529.000 EUR mn in 2007 and a record low of 4,098.903 EUR mn in 1972. ES: Revenue Excluding Grants data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Spain – Table ES.World Bank: Government Revenue, Expenditure and Finance. Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

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.