Forecast Report

2019 US Tech Budgets: Industry Outlook

CIOs Should Make Their 2019 Plans With A Solid Understanding Of What's Going On In Their Industry

February 6th, 2019
With contributors:
Matthew Guarini , Alyssa Danilow

Summary

The US tech budget outlook for 2019 is generally positive, with projected growth of 6.1% only slightly slower than its 2018 growth. But in that broad picture, different industries will face very different prospects. In this report, we provide our forecasts by industry and high-level tech budget benchmarks for tech spending as a percentage of revenues by industry. We also address each industry's tech spending by category and the split between business technology (BT) and back-office technology (BOT) spending. CIOs should read this report to compare their 2019 tech budgets with the outlook for tech spending in their industry.

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