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INNOVATION REPORT 2021


OVERVIEW OF SECTOR


TRAVEL'S SPENDING ON IT PLUNGED BY 36% IN 2020 AMID THE PANDEMIC, IN STARK CONTRAST TO THE UK ECONOMY AS A WHOLE, REPORTS LEE HAYHURST


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£185.5bn 2020


Chart 1: TOTAL IT SPEND, 2019-21 £2bn


£1.5bn


Chart 2: TOTAL IT SPEND IN ALL UK INDUSTRIES


£322.2m IT & TELECOM STAFF


£1bn


£192.3bn 2021


(predicted)


£184.3bn 2019


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30 — SEPTEMBER 2021 — TRAVOLUTION.CO.UK


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