Global IT Spending by SMBs 2016-2020

  • ID: 3633356
  • Report
  • Region: Global
  • 66 pages
  • TechNavio
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FEATURED COMPANIES

  • Amdocs
  • Dell
  • HP
  • Lenovo
  • Oracle
  • Systems
  • MORE
About IT Spending by SMBs

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

The 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
- APAC
- EMEA

The report, 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
- IBM

Other prominent vendors
- Amdocs
- Fujitsu
- Lenovo
- Microsoft
- Oracle
- SAP
- TCS
- Toshiba

Market drivers
- Cost reduction and efficiency
- For a full, detailed list, view the full report

Market challenges
- Data privacy and security risks
- For a full, detailed list, view the full report

Market trends
- Extensive use of cloud computing
- For a full, detailed list, view the full 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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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FEATURED COMPANIES

  • Amdocs
  • Dell
  • HP
  • Lenovo
  • Oracle
  • Systems
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by IT solution
  • Global IT spending by SMBs by category
  • Global SMBs IT services market
  • Global SMBs hardware market
  • Global SMBs software market
PART 07: Market segmentation by end-user
  • Global IT spending by SMBs by end-user
PART 08: Geographical segmentation
  • Global IT spending by SMBs by region
PART 09: Market drivers
  • Increased number of government initiatives to support SMBs
  • Need to ensure GRC
  • Cost reduction and efficiency
  • Increased spending on PCs and mobile devices
  • Growing complexities in IT ecosystems
  • Development of standards for core IT technologies
PART 10: Impact of drivers

PART 11: Market challenges
  • Data privacy and security risks
  • Lack of IT planning and management
  • High upfront costs
  • Economic uncertainties
  • Difficulty in creating business strategies for IT vendors
PART 12: Impact of drivers and challenges

PART 13: Market trends
  • Extensive use of cloud computing
  • Growing use of big data and analytics
  • Upsurge in implementation of BYOD
  • Virtualization of IT infrastructure
  • Embracement of managed services
PART 14: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 15: Key vendor analysis
  • Cisco
  • Dell
  • HP
  • IBM
PART 16: Appendix
  • List of abbreviations
PART 17: About the Author

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global IT spending by SMBs 2016-2020
Exhibit 03: Global IT spending by SMBs 2015-2020 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global IT spending by SMBs by category 2015
Exhibit 06: Global SMB IT services market 2015-2020 ($ billions)
Exhibit 07: Global hardware spending by SMBs 2015-2020 ($ billions)
Exhibit 08: Global SMB software market 2015-2020 ($ billions)
Exhibit 09: Global IT spending by SMBs by end-user 2015
Exhibit 10: Global IT spending by SMBs by region 2015
Exhibit 11: Impact of drivers
Exhibit 12: Impact of drivers and challenges
Exhibit 13: Cisco: Business segmentation
Exhibit 14: Cisco: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 15: Cisco: Geographical segmentation by revenue 2014
Exhibit 16: HP: Business segmentation by revenue 2014
Exhibit 17: HP: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 18: HP: Geographical segmentation by revenue 2014
Exhibit 19: IBM: Business segmentation by revenue 2014
Exhibit 20: GTS segment by revenue 2013 and 2014 ($ billions)
Exhibit 21: GBS segment by revenue 2013 and 2014 ($ billions)
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FEATURED COMPANIES

  • Amdocs
  • Dell
  • HP
  • Lenovo
  • Oracle
  • Systems
  • MORE
New Report Released: – Global IT Spending by SMBs 2016-2020

The author of the report recognizes the following companies as the key players in the Global IT Spending by SMBs: Cisco, Systems, Dell, HP, and IBM.

Other Prominent Vendors in the market are: Amdocs, Fujitsu, Lenovo, Microsoft, Oracle, SAP, TCS, and Toshiba.

Commenting on the report, an analyst from the research team said: “Organizations are adopting cloud-based solutions to reduce operational costs and increase efficiency. The pay-per-use model offers low upfront costs, and so the use of cloud technologies is high among SMBs. Consumer Internet services such as Dropbox and Google Drive, both cloud-based storage solutions, are trending rapidly.”

According to the report, IT budget constraints in SMBs have slowed down the adoption of hardware, software, and IT services solutions. Top executives of companies are always under pressure to shrink IT costs and leverage limited resources. Therefore, to cut costs, SMBs deploy low-cost IT solutions, such as cloud computing, that are flexible, scalable, and reliable.

Further, the report states that the growing use of mobility solutions and the BYOD trend are making it necessary for organizations to invest in robust and secure ICT infrastructure. Protecting sensitive data is the biggest challenge organizations face in an age of ubiquitous connected devices and the widespread use of mobility solutions.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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- Cisco
- Systems
- Dell
- HP
- IBM
- Amdocs
- Fujitsu
- Lenovo
- Microsoft
- Oracle
- SAP
- TCS
- Toshiba.
Note: Product cover images may vary from those shown
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