Cloud momentum and CIO optimism point to a 4% rise in 2021 tech spending SHARE A range of new data now suggests that tech spending will be higher than we previously thought for 2021. COVID-19 learnings, a faster-than-expected vaccine rollout, productivity gains and broad-based cloud leverage lead us to raise our outlook for next year. We now expect a 3% to 5% increase in 2021 technology spending, roughly double our previously forecasted growth rate. In this Breaking Analysis we’ll share new spending data from our partners at Enterprise Technology Research and take a preliminary look at which sectors and companies are showing momentum heading into next year.