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For CIOs

US Tech Market Outlook For 2021: After The Election

How Politics, The Pandemic, And The Economy Will Shape Industry Tech Budgets

December 3, 2020

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Why Read This Report

The pandemic continues, and we'll feel its ongoing impacts throughout 2021. In this report, we provide our projections by industry for tech spending and the split of tech budgets between new projects and MOOSE and between business technology and back-office technology spending. We also provide high-level benchmarks for tech spending as a percentage of revenues by industry and the mix of each industry's tech spending by category. CIOs should read this report to compare their 2021 tech budgets with the outlook for tech spending in their industry and see where adjustments may be warranted.

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Table of Contents

  • Government Gridlock Will Lead To A Drop In US Tech Budgets In 2021
  • Healthcare And Pharma Will Grow Tech Budgets The Most
  • Spending On New Projects And Business Technology Will Grow In 2021
  • Budget Metrics That Help CIOs And Vendors Plan For 2021
  • Recommendations

  • Flexibility In Tech Budgets Will Be Critical In 2021
  • Supplemental Material
  • Related Research Documents

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