451 Research's US Tech Demand Indicator, which measures the demand for technology in the US market, fell 6% to 51.9 in the second quarter of 2025, amid uncertainty caused by the US government's trade policy. While the score marked the steepest quarterly decline since early 2022, it was still an overall positive score, indicating quarterly growth driven by strong demand in AI, information security and cloud. Traditionally, small and medium-sized enterprises are quick to cut spending on tech products and services under economic uncertainty. Over the past five years, we have consistently seen a trend of small and medium-sized enterprises cutting costs due to COVID-19, inflation, interest rate hikes and economic slowdown.
The full report is only available to 451 Alliance members.
JOIN THE ALLIANCE MEMBER LOGIN