Global SMBs IT Spending Market Size, Status and Forecast 2018-2025

This report focuses on the global SMBs IT Spending status, future forecast, growth opportunity, key market and key players. The study objectives are to present the SMBs IT Spending development in United States, Europe and China.

The IT requirements of SMBs differ from large enterprises, as the former have limited IT budgets. Small-sized firms seek IT solutions that can help them grow by implementing IT in their business models for long-term sustainable growth. In the last five years, the priorities of SMBs have been redefined with the growing awareness of the benefits of using IT in business (in terms of top line and bottom line). A sharp focus on server and storage virtualization technologies, mobility, big data analytics, business intelligence (BI), cloud computing, next-gen workspace, and collaboration technologies has shaped these priorities. Medium-sized businesses are investing in IT to gain a stronger financial position in the business cycle.

The IT services segment dominated the market.

IT spending in the public sector segment is expected to expand impressively during the next few years. Spending on IT in the public sector involves enhancing public services such as healthcare, education, and transportation. An increased IT budget helps enhance business operations and reduce costs. Public sector IT spending in the Americas, EMEA, and Asia-Pacific (APAC) is on the rise because the US, the UK, India, Japan, China, and Singapore are significantly investing in this sector.

The Americas accounted for the largest market share of IT spending in SMBs among all geographies. North American banks are investing heavily in technology to improve the performance of retail banking services. This has contributed to the growth of the market in this region.

The key players covered in this study

    IBM

    Oracle

    Dell EMC

    HP

    Microsoft

    Cisco Systems

    Fujitsu

    Toshiba

    Amdocs

    SAP

    TCS

Market segment by Type, the product can be split into

    Software

    Hardware

    IT Services

Market segment by Application, split into

    Public Sector

    BFSI

    Telecom and Media

    Retail/Wholesale

    Other

Market segment by Regions/Countries, this report covers

    United States

    Europe

    China

    Japan

    Southeast Asia

    India

    Central & South America

The study objectives of this report are:

    To analyze global SMBs IT Spending status, future forecast, growth opportunity, key market and key players.

    To present the SMBs IT Spending development in United States, Europe and China.

    To strategically profile the key players and comprehensively analyze their development plan and strategies.

    To define, describe and forecast the market by product type, market and key regions.

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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.

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