Small business spending accounted for nearly one-third (32.2%) of total telecom spending in 2011; and is set to increase up to 33.6% by 2015. This increase in growth comes at a time when small businesses are being given initiatives to grow and prosper. Small business spending on Wireline data services is expected to grow substantially over the forecasted period, from $37.1 billion in 2011 to over $66.7 billion in 2015. Small businesses are increasing investment in bandwidth and innovative mobility solutions. Much smaller businesses, especially with less than 10 employees, will see a noticeable increase in spending in this sector over the next 5 years.
This Excel-based Data-rich Deliverable (DRD) that is part of the Small Business subscription includes market intelligence on telecom expenditures for small business by category. Telecom consists of business expenditures on telecom services, such as wireline and wireless voice, data services and VPNs, as well as managed services provided by a telecom operator. This category of IT spending also consists of business expenditures on wireline voice equipment, such as TDM PBXs and handsets, and wireless voice/mobile data equipment. Categories include: Wireline Voice, Wireline Data, Wireline Voice Equipment, Wireless Voice, Wireless Data and Wireless Equipment. Size of business includes Small Business (5-99 employees). The Expert Guide for this deliverable is Kneko Burney. Forecasts are from 2011 through 2016 and include annual growth rates, as well as percentage of total market.
Sources: Compass Intelligence’s segment and market forecasts, which include business expenditures, market demographics, and usage and adoption statistics are built using multiple sources, including proprietary Compass Intelligence research. These sources include, but are not limited to, secondary research, government data and statistics (e.g. Department of Commerce, Federal Communication Commission, Bureau of Labor Statistics and US Census Bureau), primary research, vendor-based research and in-depth interviews with key decision-makers, where relevant. Compass Intelligence selects data sources to provide greatest degree of perspective on each market or segment, in addition to the highest level of data accuracy, stability, and consistency over time.