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 global spending on information technology (IT) worldwide, in 2014 and 2015, broken down by vertical industry. In 2015, IT spending in the banking and securities sector was expected to amount to 486 billion U.S. dollars worldwide. Information technology is the use of computers or other devices to store, gather, send, edit, or interpret data, regularly within a business context. It is often regarded as synonymous with computers and computer networks. Along with telecommunications technologies, the IT industry is broadly segmented into hardware, software, and IT business services.

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.

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.

The statistic depicts the breakdown of hotel industry information and telecommunication system expenses in the United States in 2015, by expense segment. In that year, labor costs accounted for 34.8 percent of the hotel industry's information and telecommunication system expenses.

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.

The operating expenses by North American Industry Classification System (NAICS) which include all members under industry expenditures, for consumer goods and general rental (NAICS 5322 & 5323), annual (percent), for five years of data.

Japan Industry: Over 1bn: Expenses: Cost of Sales data was reported at 110,457.083 JPY bn in Jun 2018. This records a decrease from the previous number of 119,585.817 JPY bn for Mar 2018. Japan Industry: Over 1bn: Expenses: Cost of Sales data is updated quarterly, averaging 89,238.676 JPY bn from Sep 1959 (Median) to Jun 2018, with 236 observations. The data reached an all-time high of 137,412.868 JPY bn in Mar 2008 and a record low of 2,069.247 JPY bn in Sep 1959. Japan Industry: Over 1bn: Expenses: Cost of Sales data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Japan – Table JP.S042: Financial Statements of Corporation: Industry: Over 1 Billion.

This table contains 63 series, with data for years 2007 - 2012 (not all combinations necessarily have data for all years), and was last released on 2015-06-22. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), North American Industry Classification System (NAICS) (3 items: Consumer goods and general rental; General rental centres; Consumer goods rental ...), Industry expenditures (21 items: Total operating expenses; Professional and business services fees; Salaries; wages and benefits; Commissions paid to non-employees ...).

This table contains 105 series, with data for years 2007 - 2010 not all combinations necessarily have data for all years), and was last released on 2012-09-17. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), North American Industry Classification System (NAICS) (5 items: Personal and laundry services; Personal care services; Dry cleaning and laundry services; Funeral services ...), Industry expenditures (21 items: Total operating expenses; Salaries; wages and benefits; Commissions paid to non-employees; Professional and business services fees ...).

This table contains 21 series, with data for years 2007 - 2012 (not all combinations necessarily have data for all years), and was last released on 2015-07-17. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), North American Industry Classification System (NAICS) (1 items: Accounting; tax preparation; bookkeeping and payroll services ...), Industry expenditures (21 items: Salaries; wages and benefits; Commissions paid to non-employees; Professional and business services fees; Total operating expenses ...).

As of 2020, companies in the trade industry spent the most on external IT services, with over 15.4 billion Swedish kronor in total spending.

This table contains 126 series, with data for years 2007 - 2012 (not all combinations necessarily have data for all years), and was last released on 2015-07-13. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), North American Industry Classification System (NAICS) (6 items: Amusement parks and arcades; Skiing facilities; Golf courses and country clubs; Other amusement and recreation industries ...), Industry expenditures (21 items: Total operating expenses; Commissions paid to non-employees; Professional and business services fees; Salaries; wages and benefits ...).

Graph and download economic data for Expenses for Publishing Industries (Except Internet), Establishments Subject To Federal Income Tax, Employer Firms (PIIEESTFIT3511) from 2003 to 2022 about internet, printing, employer firms, establishments, tax, expenditures, federal, income, industry, and USA.

Japan Industry: All: Expenses: Interest & Discounting data was reported at 1,179.089 JPY bn in Jun 2018. This records a decrease from the previous number of 1,235.101 JPY bn for Mar 2018. Japan Industry: All: Expenses: Interest & Discounting data is updated quarterly, averaging 2,203.563 JPY bn from Jun 1954 (Median) to Jun 2018, with 257 observations. The data reached an all-time high of 8,691.696 JPY bn in Sep 1991 and a record low of 56.966 JPY bn in Jun 1954. Japan Industry: All: Expenses: Interest & Discounting data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Japan – Table JP.S042: Financial Statements of Corporation: Industry: All.

China Computer Industry: Financial Expenses: Year to Date data was reported at -300.000 RMB mn in Dec 2019. This records a decrease from the previous number of 3,400.000 RMB mn for Dec 2018. China Computer Industry: Financial Expenses: Year to Date data is updated monthly, averaging 558.060 RMB mn from Jan 2003 (Median) to Dec 2019, with 76 observations. The data reached an all-time high of 3,400.000 RMB mn in Dec 2018 and a record low of -5,820.562 RMB mn in Dec 2011. China Computer Industry: Financial Expenses: Year to Date data remains active status in CEIC and is reported by Ministry of Industry and Information Technology. The data is categorized under Global Database’s China – Table CN.RFF: Electronic Mfg Industry: Computer: Monthly.

Japan Industry: NM: Fixed Assets: Depreciation Expenses data was reported at 5,748.957 JPY bn in Mar 2018. This records an increase from the previous number of 5,133.346 JPY bn for Dec 2017. Japan Industry: NM: Fixed Assets: Depreciation Expenses data is updated quarterly, averaging 2,664.511 JPY bn from Jun 1954 (Median) to Mar 2018, with 256 observations. The data reached an all-time high of 8,142.181 JPY bn in Mar 2005 and a record low of 24.369 JPY bn in Dec 1954. Japan Industry: NM: Fixed Assets: Depreciation Expenses data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Japan – Table JP.S049: Financial Statements of Corporation: Industry: Non Manufacturing.

The operating expenses by North American Industry Classification System (NAICS) which include all members under industry expenditures, for employment services (NAICS 5613), annual (percent), for five years of data.

Construction Industry: Other Costs & Expenses: 250 to 499 Persons data was reported at 9,272,288.000 BRL th in 2017. This records an increase from the previous number of 7,177,183.000 BRL th for 2016. Construction Industry: Other Costs & Expenses: 250 to 499 Persons data is updated yearly, averaging 7,032,923.000 BRL th from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 9,272,288.000 BRL th in 2017 and a record low of 2,412,350.000 BRL th in 2007. Construction Industry: Other Costs & Expenses: 250 to 499 Persons data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Construction and Properties Sector – Table BR.EH020: Construction Industry: CNAE 2.0: Other Costs & Expenses: by Activity.

This table contains 21 series, with data for years 2007 - 2011 (not all combinations necessarily have data for all years), and was last released on 2015-07-27. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), North American Industry Classification System (NAICS) (1 items: Motion picture and video distribution ...), Industry expenditures (21 items: Total operating expenses; Commissions paid to non-employees; Professional and business services fees; Salaries; wages and benefits ...).