Information Communications Media Technology Market News

New report examines the global IT spending by smbs

SMBs drive national economies by increasing employment and contributing to GDP growth.

About IT Spending by SMBs

 The economic development of a country heavily depends on the success ratio of SMBs in the country. SMBs use technology to accelerate their performance and enhance productivity.

These entities are heavily investing in technology to automate routine tasks, improve quality, enhance customer service, raise profitability, establish effective communications, and speed up time-to-market.
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.

Report At:…et/request-sample Make an Inquiry about this news

Research analysts forecast the Global IT spending by SMBs to grow at a CAGR of 5.91% during the period 2016-2020.

Covered in this report 
The report covers the present scenario and the growth prospects of the global IT spending by SMBs for 2016-2020. To calculate the market size, the report considers the revenue generated from the following segments: 
• Hardware
• Software
• IT services

The market is divided into the following segments based on geography: 
• Americas

Report…uire-about-report Make an Inquiry about this news

Global IT Spending by SMBs 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
• Cisco Systems
• Dell
• HP

Other prominent vendors 
• Amdocs
• Fujitsu
• Lenovo
• Microsoft
• Oracle
• Toshiba

Market driver 
• Cost reduction and efficiency
• For a full, detailed list, view our report 

Market challenge 
• Data privacy and security risks
• For a full, detailed list, view our report 

Market trend 
• Extensive use of cloud computing
• For a full, detailed list, view our report 

Key questions answered in this report 
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors? 

News From

Research Beam - precise market researchResearch Beam
Category: Market Research Publishers and RetailersCompany about: We have a large database of quality and precise market research reports that will be very beneficial for your organization. Reports that we sell our authentic in nature and from reputed publishers, hence it can definitely help you with your growth opportunities. In order to survive the fierce competition and locate different avenues, one must be privy to high end and quality market information. So, we try and provide you with latest market information by getting high market research reports fro ...
This email address is being protected from spambots. You need JavaScript enabled to view it.

For more information:

Make an Inquiry about this report HERE!