2022 Technology Spending Intentions Survey

The technology spending boom will continue as senior technology leaders report increased investment in cybersecurity, artificial intelligence, and cloud to support evolving business and work models.

Executive Summary

Based on a survey of 706 senior IT leaders across North America, Western Europe, and Asia Pacific, the 2022 Technology Spending Intentions Survey analyzes private- and public-sector technology spending expectations for the coming year, the key business and technology priorities driving those spending plans, and year-over-year trends with respect to technology adoption and changing customer preferences.

This year’s study offers key insights into:

  • The enterprise technology spending rebound
  • Fortified and holistic cybersecurity strategies
  • Ransomware as a business priority
  • A focus on hybrid cloud balance
  • The methodologies that support cloud-native initiatives

Interact with the data

We asked senior IT decision makers about their organization’s employment of DevOps and agile methodologies, as well as cloud-native application development status.

Click on the chart below to explore how these strategies vary based on geographic region.

The research shows that cyber-threats like ransomware have become a top priority for business executives and boards of directors. In many cases, status quo solutions won’t do, so organizations need to think in terms of transformative security solutions that add intelligence and automation for improving security efficacy and efficiency. That means plenty of funding in 2022 for security technologies and services that can help to offset this personnel shortage while making the existing staff more productive.”

Jon Oltsik
ESG Senior Principal Analyst & Fellow


Nearly 7 out of 10 technology decision-makers (69%) report that their organization will increase spending on cybersecurity technologies in 2022.
Ongoing ransomware attacks are a significant contributing factor to increased security spending, with 63% of respondent organizations having been targeted by these attacks within the last 12 months.

ESG TechTruths

Click to view noteworthy data points from the survey and their concise analysis.

While public cloud usage and investments will continue to increase, I expect to see many IT organizations looking to balance the on-premises side of their hybrid cloud equation by making their data centers more cloud-like. That means improved management, automation, and intelligence need to be in place across the ecosystem to drive efficiency and support across these multifaceted environments.”

Scott Sinclair
ESG Practice Director, Infrastructure, Cloud, and DevOps


ESG Infographic

This year’s study shows that businesses will prioritize investments in cybersecurity, cloud, and artificial intelligence in 2022—technologies that support critical goals like differentiation of digital products and that help secure the workforce.


2022 Technology Spending Intentions Survey

ESG conducted an in-depth survey of 706 senior IT professionals concerning their organizations’ IT spending plans and priorities for 2022. Survey participants represented midmarket (100 to 999 employees) and enterprise-class (1,000 employees or more) organizations in North America (United States and Canada), Western Europe (United Kingdom, France, and Germany), and Asia-Pacific (Australia, India, Japan, New Zealand, and Singapore).

The artificial intelligence market continues to grow, and businesses are rapidly expanding the ways they leverage the technology in order to increase operational efficiencies, provide differentiable customer value and gain even the slightest levels of competitive advantage. As technology vendors continue to offer products and services that simplify all aspects of the AI lifecycle from development to deployment, we expect to see healthy and continued investments in AI/ML technologies in. 2022 and beyond.”

Mike Leone
ESG Senior Analyst


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