IT spending worldwide is projected to reach over *** trillion U.S. dollars in 2025, over a **** percent increase on 2024 spending. Smaller companies spending a greater share on hardware According to the results of a survey, hardware projects account for a fifth of IT budgets across North America and Europe. Larger companies tend to allocate a smaller share of their budget to hardware projects. Companies employing between one and ** people allocated ** percent of the budget to hardware, compared with ** percent in companies of ************* people or more. This could be explained by the greater need to spend money on managed services in larger companies. Not all companies can reduce their spending While COVID-19 has the overall effect of reducing IT spending, not all companies will face the same experiences. Setting up employees to comfortably work from home can result in unexpected costs, as can adapting to new operational requirements. In a recent survey of IT buyers, ** percent of the respondents said they expected their IT budgets to increase in 2020. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

The global information technology (IT) spending on devices, including PCs, tablets, mobile phones, printers, as well as data center systems, software, and communications services came to *** trillion U.S. dollars in 2024. By 2025, IT spending is expected to increase to a staggering *** trillion dollars worldwide. IT services and communication services take the largest share of spending Both IT services and communication services receive the largest amounts of investments, as these segments include a large array of different services and tools that remain cornerstones to different business functions. For example, different unified communication services are vital to connecting employees virtually and therefore enhance business productivity. Spending on IT segments accelerates digital transformation In general, spending on the different IT segments is expected to grow, accelerating digital transformation across various industries. Digital transformation encompasses the utilization of artificial intelligence, process automation, and moving data to the cloud, for example. These processes are empowered by strategic spending on and deployment of different information technologies.

Total IT spending worldwide is expected to increase by *** percent in 2025, with spending on data center systems forecast to increase by **** percent. Demand for data center capacity has surged amid the adoption of data intensive technologies such as artificial intelligence (AI) and the cloud.

Graph and download economic data for Federal government total expenditures (W019RCQ027SBEA) from Q3 1959 to Q2 2025 about expenditures, federal, government, GDP, and USA.

Consumer Spending in the United States increased to 16350.20 USD Billion in the second quarter of 2025 from 16291.80 USD Billion in the first quarter of 2025. This dataset provides the latest reported value for - United States Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, spending on devices amounted to around *** billion U.S. dollars globally, an increase of around *** percent from the previous year. Global IT spending is expected to reach approximately *** trillion U.S. dollars in 2025, increasing by about four percent compared to 2024. Around *** billion U.S. dollars are forecast to be spent on devices.

Graph and download economic data for Government total expenditures (W068RCQ027SBEA) from Q1 1960 to Q2 2025 about expenditures, government, GDP, and USA.

Government spending in the United States was last recorded at 39.7 percent of GDP in 2024 . This dataset provides - United States Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Total Construction Spending: Manufacturing in the United States (TLMFGCONS) from Jan 2002 to Jul 2025 about expenditures, construction, manufacturing, and USA.

In 2022, the total IT expenditure in the business sector reached around **** billion Hong Kong dollars in Hong Kong. It represented *** percent of GDP, increasing slightly from the previous year.

Government Spending in the United States increased to 3995.10 USD Billion in the second quarter of 2025 from 3990.60 USD Billion in the first quarter of 2025. This dataset provides the latest reported value for - United States Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Total Construction Spending: Total Construction in the United States (TTLCONS) from Jan 1993 to Jul 2025 about headline figure, expenditures, construction, and USA.

Graph and download economic data for Total Public Construction Spending: Total Construction in the United States (TLPBLCONS) from Jan 1993 to Jun 2025 about public, expenditures, construction, and USA.

Graph and download economic data for Federal Government: Current Expenditures (FGEXPND) from Q1 1947 to Q2 2025 about expenditures, federal, government, GDP, and USA.

Graph and download economic data for Government total expenditures (W068RC1A027NBEA) from 1960 to 2024 about expenditures, government, GDP, and USA.

Graph and download economic data for Total Construction Spending: Highway and Street in the United States (TLHWYCONS) from Jan 2002 to Jun 2025 about expenditures, construction, and USA.

In 2022, the global government IT spending amounted to over *** billion U.S. dollars and it is expected to increase even more in 2023 to nearly *** billion U.S. dollars worldwide, which is an increase of *** percent compared to 2022.

Graph and download economic data for Total Construction Spending: Office in the United States (TLOFCON) from Jan 2002 to Jun 2025 about expenditures, construction, and USA.

The Online Travel Agencies (OTA) IT Spending market is experiencing robust growth, projected to reach $2.20 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 17.19% from 2025 to 2033. This expansion is driven by several key factors. Firstly, the increasing adoption of advanced technologies like AI and machine learning for personalized recommendations, dynamic pricing, and fraud detection is fueling significant IT investments. Secondly, the ongoing digital transformation within the travel industry compels OTAs to upgrade their infrastructure, enhance cybersecurity measures, and improve customer experience through mobile-first strategies and seamless online booking processes. The rising demand for cloud-based solutions and big data analytics for better decision-making further contributes to market growth. Segmentation reveals that software spending constitutes a substantial portion of the overall IT budget, closely followed by IT services and hardware. Large enterprises dominate the market, but SMEs are increasingly adopting sophisticated IT solutions to compete effectively. North America and Europe currently hold significant market shares, but the Asia-Pacific region demonstrates considerable potential for future growth, driven by increasing internet penetration and rising disposable incomes. The competitive landscape is marked by a mix of established players like Amadeus, Sabre, and Travelport, and emerging innovative companies. These firms employ various strategies, including strategic partnerships, mergers and acquisitions, and the development of innovative technology solutions, to gain market share. While the market faces restraints such as data security concerns and the need for constant technological upgrades, the overall outlook remains positive. The continued rise of online travel booking, coupled with ongoing technological advancements, ensures the OTA IT spending market will continue its strong growth trajectory over the forecast period. Understanding the specific needs of various segments (large enterprises vs. SMEs, and different types of IT spending) is crucial for companies seeking to capitalize on this expanding market opportunity.

Total Construction Spending: Educational in the United States was 136959.00000 Mil. of $ in June of 2025, according to the United States Federal Reserve. Historically, Total Construction Spending: Educational in the United States reached a record high of 136959.00000 in June of 2025 and a record low of 70897.00000 in January of 2004. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Construction Spending: Educational in the United States - last updated from the United States Federal Reserve on September of 2025.