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.
North American companies are investing in technology initiatives at a higher level than European organizations, with IT spending accounting for ** percent of company revenue. European companies' IT expenditure lags behind the global average, which stood at ** percent of company revenue at the time of the survey.
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.
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According to Cognitive Market Research, the global IT spending market size is USD 4251.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.20% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 1700.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.4% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 1275.3 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 977.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 212.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.6% 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 85.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.
Increasing AI Investments to Drive the Market Growth
Growth in overall IT spending is being supported by investments in AI more widely, which is projected to drive the market growth during the forecast period. Businesses' investments in projects aimed at optimising organisational efficiency are mostly to blame for this. Furthermore, AI may have an even more profound and quick economic impact on IT spending which is propelling the market growth. Businesses in both established and emerging industries stand to gain from the fusion of human and machine intelligence. AI productivity advances have the potential to increase business profits and wages. By taxing greater salaries of both employees and businesses, it might even strengthen government finances. The innovation of artificial intelligence (AI) may lead to shifts in market leadership, global economic growth, and investment opportunities as organisations throughout the world implement the technology.
Increasing Spending on the Cloud to Propel the Market Growth
Rising spending on cloud by market players anticipated driving the market growth during the forecast period. Growing performance and efficiency, greater flexibility and dependability, and a reduction in IT expenses are all provided by the cloud. Additionally, it enhances innovation, enabling businesses to launch more quickly and integrate AI and machine learning use cases into their plans. In addition, acquire more in-depth knowledge about expenditure and cloud utilisation in a multicloud setting. Market players able to spot chances for cost savings as well as underutilised and wasted resources which is one of the factor which is fuelling the market growth. Comprehensive understanding of how a company employs cloud resources for various business divisions. This makes it possible to centrally tag cloud resources across providers for improved resource management.
Market Restraints of the IT Spending Market
High Implementation and Maintenance Costs:
Despite the long-term benefits of IT systems, the initial capital investment required for infrastructure setup, software licensing, integration, and skilled personnel can be substantial—especially for small and medium enterprises (SMEs). Additionally, ongoing maintenance, cybersecurity upgrades, and technical support add to the total cost of ownership, often leading businesses to delay or scale back their IT spending.
Rapid Technological Obsolescence:
The fast pace of innovation in IT—such as the frequent emergence of new hardware, software, and digital tools—creates a challenge for organizations to keep up. Technology becomes outdated quickly, leading to a shortened lifecycle for IT assets. This rapid obsolescence can deter organizations from making large-scale IT investments, as they fear their systems will become irrelevant or incompatible within a short timeframe.
Impact of Covid-19 on the IT Spending Market
Some industries were affected by the COVID-19 pandemic because of supply chain difficulties, workforce shortages, and lockdowns. The COVID-19 epidemic has severely impacted the Indian economy, bringing with it a host of new challenges that point to a significant shift in the dynamics of the market. People's spending patterns were seen to shift from indulgence to hoarding throughout the pandemic.
COVID...
This statistic presents the bank spending on information technology as share of bank revenues in the United States as of December 2017, by bank size. According to the source, U.S. banks with assets worth more than ten billion U.S. dollars, spent *** percent of their revenues on development of information technology.
The statistic presents the average IT budget as percentage of corporate revenue in Japan in fiscal year 2016, broken down by industry. In the measured period, the financial services industry had the highest IT budget against corporate revenue at around *** percent.
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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...
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Global IT Spending by Audit Firms market size 2025 was XX Million. IT Spending by Audit Firms Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.
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Global IT Spending in Energy market size 2025 was XX Million. IT Spending in Energy Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.
Envestnet®| Yodlee®'s Consumer Spending Data (Aggregate/Row) Panels consist of de-identified, near-real time (T+1) USA credit/debit/ACH transaction level data – offering a wide view of the consumer activity ecosystem. The underlying data is sourced from end users leveraging the aggregation portion of the Envestnet®| Yodlee®'s financial technology platform.
Envestnet | Yodlee Consumer Panels (Aggregate/Row) include data relating to millions of transactions, including ticket size and merchant location. The dataset includes de-identified credit/debit card and bank transactions (such as a payroll deposit, account transfer, or mortgage payment). Our coverage offers insights into areas such as consumer, TMT, energy, REITs, internet, utilities, ecommerce, MBS, CMBS, equities, credit, commodities, FX, and corporate activity. We apply rigorous data science practices to deliver key KPIs daily that are focused, relevant, and ready to put into production.
We offer free trials. Our team is available to provide support for loading, validation, sample scripts, or other services you may need to generate insights from our data.
Investors, corporate researchers, and corporates can use our data to answer some key business questions such as: - How much are consumers spending with specific merchants/brands and how is that changing over time? - Is the share of consumer spend at a specific merchant increasing or decreasing? - How are consumers reacting to new products or services launched by merchants? - For loyal customers, how is the share of spend changing over time? - What is the company’s market share in a region for similar customers? - Is the company’s loyal user base increasing or decreasing? - Is the lifetime customer value increasing or decreasing?
Use Cases Categories (Our data provides an innumerable amount of use cases, and we look forward to working with new ones): 1. Market Research: Company Analysis, Company Valuation, Competitive Intelligence, Competitor Analysis, Competitor Analytics, Competitor Insights, Customer Data Enrichment, Customer Data Insights, Customer Data Intelligence, Demand Forecasting, Ecommerce Intelligence, Employee Pay Strategy, Employment Analytics, Job Income Analysis, Job Market Pricing, Marketing, Marketing Data Enrichment, Marketing Intelligence, Marketing Strategy, Payment History Analytics, Price Analysis, Pricing Analytics, Retail, Retail Analytics, Retail Intelligence, Retail POS Data Analysis, and Salary Benchmarking
Investment Research: Financial Services, Hedge Funds, Investing, Mergers & Acquisitions (M&A), Stock Picking, Venture Capital (VC)
Consumer Analysis: Consumer Data Enrichment, Consumer Intelligence
Market Data: Analytics B2C Data Enrichment, Bank Data Enrichment, Behavioral Analytics, Benchmarking, Customer Insights, Customer Intelligence, Data Enhancement, Data Enrichment, Data Intelligence, Data Modeling, Ecommerce Analysis, Ecommerce Data Enrichment, Economic Analysis, Financial Data Enrichment, Financial Intelligence, Local Economic Forecasting, Location-based Analytics, Market Analysis, Market Analytics, Market Intelligence, Market Potential Analysis, Market Research, Market Share Analysis, Sales, Sales Data Enrichment, Sales Enablement, Sales Insights, Sales Intelligence, Spending Analytics, Stock Market Predictions, and Trend Analysis.
Additional Use Cases: - Use spending data to analyze sales/revenue broadly (sector-wide) or granular (company-specific). Historically, our tracked consumer spend has correlated above 85% with company-reported data from thousands of firms. Users can sort and filter by many metrics and KPIs, such as sales and transaction growth rates and online or offline transactions, as well as view customer behavior within a geographic market at a state or city level. - Reveal cohort consumer behavior to decipher long-term behavioral consumer spending shifts. Measure market share, wallet share, loyalty, consumer lifetime value, retention, demographics, and more.) - Study the effects of inflation rates via such metrics as increased total spend, ticket size, and number of transactions. - Seek out alpha-generating signals or manage your business strategically with essential, aggregated transaction and spending data analytics.
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According to Cognitive Market Research, the global Enterprise ICT Spending market size will be USD 425614.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 10.60% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 170245.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 127684.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 97891.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.6% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 21280.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 8512.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.3% from 2024 to 2031.
The Hardware is the fastest growing segment of the Enterprise ICT Spending industry
Market Dynamics of Enterprise ICT Spending Market
Key Drivers for Enterprise ICT Spending Market
Increasing Digital Transformation to Boost Market Growth
The rapid adoption of virtual technology is driving big growth in enterprise ICT spending across industries. Businesses are increasingly investing in cloud computing, synthetic intelligence (AI), the Internet of Things (IoT), and other superior technologies to enhance operational performance, reduce prices, and benefit a competitive facet. These technologies permit groups to streamline procedures, enhance decision-making, and foster innovation. Cloud computing helps scalability and versatility; AI automates tasks and provides actionable insights, even as IoT connects devices for real-time records tracking. This digital transformation is essential for businesses to remain agile and aggressive in today's speedy-evolving market.
Expansion of Cloud Computing Adoption to Drive Market Growth
The shift from on-premises facts facilities to cloud-primarily based infrastructure is a major fashion in enterprise ICT spending. Cloud computing gives scalability, flexibility, and cost-efficiency, making it an appealing answer for businesses searching to streamline operations. By leveraging cloud offerings, agencies can easily scale resources up or down based totally on demand, reduce capital fees on bodily hardware, and boom agility. Additionally, the cloud enables faster deployment of programs and higher collaboration through far-flung get entry. These advantages have pushed good-sized adoption across industries, as agencies' purpose is to optimize overall performance and adapt to changing technological and marketplace dynamics.
Restraint Factor for the Enterprise ICT Spending Market
Economic Uncertainty, will Limit Market Growth
Economic uncertainty or downturns can significantly affect enterprise ICT spending, as groups regularly grow to be more careful with their investments. In unsure monetary conditions, organizations may additionally put off or scale back on era initiatives, focusing rather on price-cutting and retaining liquidity. Investments in new technology, infrastructure improvements, or virtual transformation initiatives might be postponed till market conditions improve. While crucial IT offerings stay a priority, discretionary spending on innovation or enlargement is often decreased. This cautious technique allows organizations to mitigate threats and navigate economic instability. However it could gradually down era adoption and innovation in the brief period.
Impact of Covid-19 on the Enterprise ICT Spending Market
The COVID-19 pandemic had a mixed impact on enterprise ICT spending. While some sectors reduced spending due to economic uncertainty, others expanded investments in digital technologies to assist far-off work, e-commerce, and cloud-based operations. The demand for cybersecurity, cloud computing, and collaboration equipment surged as businesses tailored to new ways of running. However, spending on non-important IT tasks often needs to be completed on time. Overall, the pandemic underscored the vital role of digital transformation in ensuring business continu...
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According to Cognitive Market Research, the global Technology Spending Revenue Cycle Management Market size will be USD 52652.8 million in 2025. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2025 to 2033.
North America held the major market share for more than 37% of the global revenue with a market size of USD 19481.54 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.8% from 2025 to 2033.
Europe accounted for a market share of over 29% of the global revenue, with a market size of USD 15269.31 million.
APAC held a market share of around 24% of the global revenue with a market size of USD 12636.67 million in 2025 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2025 to 2033.
South America has a market share of more than 3.8% of the global revenue, with a market size of USD 2000.81 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2025 to 2033.
Middle East had a market share of around 4% of the global revenue and was estimated at a market size of USD 2106.11 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.3% from 2025 to 2033.
Africa had a market share of around 2.20% of the global revenue and was estimated at a market size of USD 1158.36 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2025 to 2033.
Traditional brackets category is the fastest growing segment of the Technology Spending Revenue Cycle Management Market
Market Dynamics of Technology Spending Revenue Cycle Management Market
Key Drivers for Technology Spending Revenue Cycle Management Market
Government Mandates for Digital Health Recordkeeping Drive RCM Technology Spending to Boost Market Growth
In recent years, the initiatives of the U.S. government to improve electronic health recordkeeping are having a major impact on technology expenditure in the Revenue Cycle Management (RCM) industry. The Office of the National Coordinator for Health Information Technology (ONC) and the Centers for Medicare & Medicaid Services (CMS) have introduced programs aimed at encouraging the adoption of electronic health records (EHRs). Significantly, more than 70% of eligible doctors and over 95% of eligible hospitals have effectively used EHRs, for which they received payments from the federal government. The goal is to enhance patient care through enhanced data management and interoperability. Additionally, the ONC's Health Interoperability Outcomes 2030 project conceptualizes a future where patients and healthcare providers enjoy effortless access to electronic health information, making care delivery and decision-making more effective. Such regulation-promoted schemes are compelling health organizations to make significant investments in advanced RCM technology to align with regulations and operationalize efficiency.
Rising Medicare and Medicaid Expenditures Propel Demand for Efficient RCM Technologies To Boost Market Growth
The steady increase in U.S. healthcare expenditure, particularly under government-sponsored programs such as Medicare and Medicaid, is directly driving the demand for effective Revenue Cycle Management (RCM) systems. National health spending is expected to hit $7.2 trillion by 2031, with Medicare and Medicaid contributing more than 40% of the amount, as reported by the Centers for Medicare & Medicaid Services (CMS). To cope with this gigantic financial burden, healthcare providers are investing more in technology solutions that automate billing, enhance claims processing, and reduce revenue leakage. Effective RCM systems enable increased compliance with intricate reimbursement frameworks and changing regulatory requirements under government insurance programs. With the growing population age and chronic disease burden, administrative effectiveness becomes an imperative priority.
Restraint Factor for the Technology Spending Revenue Cycle Management Market
Data Privacy and Security Concerns Restrain the Adoption of RCM Technologies.
The growing digitization of healthcare financial activities, such as Revenue Cycle Management (RCM), poses huge concerns regarding patient data privacy and cybersecurity. According to the U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR), more than 725 large-scale healthcare data breaches were disclosed in 2023 alone, involving over 133 million people. These violations ...
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Average weekly household expenditure on goods and services in the UK. Data are shown by region, age, income (including equivalised) group (deciles and quintiles), economic status, socio-economic class, housing tenure, output area classification, urban and rural areas (Great Britain only), place of purchase and household composition.
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Global Insurance IT Spending market size 2025 was XX Million. Insurance IT Spending Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.
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Graph and download economic data for Expenditures: Total Average Annual Expenditures by Deciles of Income Before Taxes: Ninth 10 Percent (81st to 90th Percentile) (CXUTOTALEXPLB1510M) from 2014 to 2023 about percentile, tax, average, expenditures, income, and USA.
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According to Cognitive Market Research, the global digital spending in hospitality market size is USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 30.60% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 28.8% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 32.6% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 30.0% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 30.3% from 2024 to 2031.
The software held the highest digital spending in hospitality market revenue share in 2024.
Market Dynamics of Digital spending in hospitality Market
Key Drivers for Digital spending in hospitality Market
Increasing adoption of mobile and digital technologies by consumers to increasing the demand globally
The increasing adoption of mobile and digital technologies by consumers is reshaping the global demand landscape across industries, particularly in hospitality. With smartphones becoming ubiquitous, consumers expect seamless digital experiences from booking accommodations to accessing local attractions. This trend is driven by convenience, as mobile apps offer instant access to information and services, enhancing travel planning and on-site experiences. Moreover, digital technologies enable personalized recommendations and loyalty programs, fostering customer retention and satisfaction. As businesses invest in mobile-friendly platforms and intuitive apps, they cater to a tech-savvy audience accustomed to instant gratification and efficient service delivery. This shift not only improves operational efficiency but also opens avenues for innovative marketing strategies and revenue streams, positioning digital adoption as a crucial driver for growth and competitiveness in the global hospitality market.
Demand for personalized customer experiences to propel market growth
The demand for personalized customer experiences is becoming a pivotal driver of market growth across various industries, including hospitality. Modern consumers seek customized interactions that cater to their unique preferences and expectations, from personalized recommendations to tailored service offerings. This trend is fueled by a desire for memorable and meaningful experiences, prompting hospitality providers to leverage data analytics and technology to better understand and anticipate customer needs. By personalizing interactions at every touchpoint—whether through targeted marketing campaigns, personalized room amenities, or curated dining experiences—businesses can enhance customer satisfaction, loyalty, and advocacy. As competition intensifies, delivering personalized experiences not only differentiates brands but also drives revenue growth through increased repeat business and positive word-of-mouth referrals. Ultimately, the ability to offer tailored experiences that resonate with individual preferences positions companies at the forefront of the evolving hospitality landscape, driving sustained market expansion and profitability.
Restraint Factor for the Digital spending in hospitality Market
Concerns over data privacy and cybersecurity threats to Limit the Sales
Concerns over data privacy and cybersecurity threats pose significant challenges to sales and operations in the hospitality industry. With the increasing digitization of services and the collection of guest information, there is a heightened risk of data breaches and unauthorized access to sensitive customer data. Instances of cyberattacks targeting hospitality firms can result in financial losses, damage to reputation, and legal implications, undermining consumer trust and loyalty. As regulations tighten globally, such as GDPR in Europe or CCPA in California, business...
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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 August of 2025.
In 2024, SMIC's research and development cost as a share of revenue reached *** percent, one percentage points more than one year prior. According to the company, the reason for this development was a diversion of resources from R&D towards production to keep up with the global increase in demand. In addition to that, the increase in revenue affected the ratio.
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Indonesia Actual Receipt: Java: DKI Jakarta: Local Government Revenue: Balance Budget: Tax Share data was reported at 18,265.229 IDR bn in 2018. This records an increase from the previous number of 16,605.609 IDR bn for 2017. Indonesia Actual Receipt: Java: DKI Jakarta: Local Government Revenue: Balance Budget: Tax Share data is updated yearly, averaging 8,805.421 IDR bn from Dec 2005 (Median) to 2018, with 14 observations. The data reached an all-time high of 18,265.229 IDR bn in 2018 and a record low of 4,858.538 IDR bn in 2005. Indonesia Actual Receipt: Java: DKI Jakarta: Local Government Revenue: Balance Budget: Tax Share data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Government and Public Finance – Table ID.FB013: Actual Receipt and Expenditure: by Province: DKI Jakarta.
This map shows households that spend 30 percent or more of their income on housing, a threshold widely used by many affordable housing advocates and official government sources including Housing and Urban Development. Census asks about income and housing costs to understand whether housing is affordable in local communities. When housing is not sufficient or not affordable, income data helps communities: Enroll eligible households in programs designed to assist them.Qualify for grants from the Community Development Block Grant (CDBG), HOME Investment Partnership Program, Emergency Solutions Grants (ESG), Housing Opportunities for Persons with AIDS (HOPWA), and other programs.When rental housing is not affordable, the Department of Housing and Urban Development (HUD) uses rent data to determine the amount of tenant subsidies in housing assistance programs.Map opens in Atlanta. Use the bookmarks or search bar to view other cities. Data is symbolized to show the relationship between burdensome housing costs for owner households with a mortgage and renter households:This map uses these hosted feature layers containing the most recent American Community Survey data. These layers are part of the ArcGIS Living Atlas, and are updated every year when the American Community Survey releases new estimates, so values in the map always reflect the newest data available.
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.