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Research and Markets SMB IT and E-Business Spending28 January 2005
SMB technology spending is growing once again. Small and medium businesses in North America and Europe continue to prioritize IT security solutions as they also upgrade their IT systems, while SMBs in developing economies are in the process of building out their basic IT infrastructure.
This report is for the attention of Hardware and Software Manufacturers, IT and Internet Service Providers, Telecom Carriers, SMBs, Marketers and Advertisers.
The SMB IT and E-Business Spending report explores the dynamics that are driving small and medium size businesses (SMBs) around the world to increase their information and communications technology (ICT) spending by 6% to 8% in 2005.
Between 2003 and 2008, the number of small and medium size businesses (SMBs) worldwide will increase from 77.4 million to 87.0 million companies, according to AMI-Partners. Much of this growth is expected to occur in the Asia-Pacific region and Eastern Europe, where developing economies such as India, China and Russia are continuing to spur the creation of new businesses âEUR " many of which are buying PCs and servers as they build out their IT infrastructure.
In the advanced economies of North America and Western Europe, SMBs will add to IT spending growth as they continue with PC and server upgrades, while also beginning to deploy new technologies, such as IP and wireless networks, and enterprise applications.
Because SMBs still need to make considerable investments in advanced IT systems and voice-data networks, the market will continue to represent a significant opportunity for both technology vendors and IT service providers over the coming yearsâEUR "but there will be challenges. To sell to small businesses providers must remember "one size does not fit all." SMBs require solutions that are tailored to their industries or specific operational needs.
Questions this Emarketer Report Answers:
How big is the worldwide market for SMB IT and telecom products and services?
How much will SMBs increase their IT spending in 2005?
What are SMBs' leading IT spending priorities over the next 2 to 4 years?
Who are the leading enterprise software vendors in the SMB market?
To what extent are SMBs using IT outsourcing?
And many more...
Sources
Aberdeen Group
American Express
AMI-Partners
Beagle Research
Best Software
CIO Magazine
CRN
Forrester Research
Gartner
In-Stat/MDR
Interland
International Data Corporation (IDC)
ITtoolbox
NOP World
Penn, Schoen and Berland Associates
Summit Strategies
Yankee Group
Source: Business Wire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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