Worldwide Small and Medium-Sized Business Forecast, 2015–2019: IT Spending by Company Size and Region for Key Hardware, Software, and Services Categories
This IDC study examines the global small and medium-sized business (SMB) market for advanced technology products and services. Total IT spending is presented for 2015–2019, along with the baseline year of 2014. Detail on spending totals is provided for hardware, software, and services technology areas: PCs and peripherals, systems and storage, telecom equipment, applications software, and IT services."Worldwide SMB IT spending continues to grow beyond the half-trillion-dollar threshold at roughly 2 percentage points over the rate of GDP as companies step up technology investment to stay competitive," says Raymond Boggs, vice president of SMB research at IDC. "Increasing investment in technology is an appealing way for firms to expand their capabilities without necessarily increasing their head count. Technology spending will continue to vary by company size, geography, and IT category, with solutions-oriented spending (especially related to cloud and mobility) showing the greatest growth." Boggs also noted that SMB IT spending will be approaching $700 billion in 2019.
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