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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.
Scope of the Report:
This report studies the SMBs IT Spending market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the SMBs IT Spending market by product type and applications/end industries.
The IT services segment dominated the market.
IT spending in the public sector segment is expected to expand impressively during the next few years. Spending on IT in the public sector involves enhancing public services such as healthcare, education, and transportation. An increased IT budget helps enhance business operations and reduce costs. Public sector IT spending in the Americas, EMEA, and Asia-Pacific (APAC) is on the rise because the US, the UK, India, Japan, China, and Singapore are significantly investing in this sector.
The Americas accounted for the largest market share of IT spending in SMBs among all geographies. North American banks are investing heavily in technology to improve the performance of retail banking services. This has contributed to the growth of the market in this region.
The global SMBs IT Spending market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of SMBs IT Spending.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
IBM
Oracle
Dell EMC
HP
Microsoft
Cisco Systems
Fujitsu
Toshiba
Amdocs
SAP
TCS
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Software
Hardware
IT Services
Market Segment by Applications, can be divided into
Public Sector
BFSI
Telecom and Media
Retail/Wholesale
Other
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 SMBs IT Spending Market Overview
1.1 Product Overview and Scope of SMBs IT Spending
1.2 Classification of SMBs IT Spending by Types
1.2.1 Global SMBs IT Spending Revenue Comparison by Types (2017-2023)
1.2.2 Global SMBs IT Spending Revenue Market Share by Types in 2017
1.2.3 Software
1.2.4 Hardware
1.2.5 IT Services
1.3 Global SMBs IT Spending Market by Application
1.3.1 Global SMBs IT Spending Market Size and Market Share Comparison by Applications (2013-2023)
1.3.2 Public Sector
1.3.3 BFSI
1.3.4 Telecom and Media
1.3.5 Retail/Wholesale
1.3.6 Other
1.4 Global SMBs IT Spending Market by Regions
1.4.1 Global SMBs IT Spending Market Size (Million USD) Comparison by Regions (2013-2023)
1.4.1 North America (USA, Canada and Mexico) SMBs IT Spending Status and Prospect (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy) SMBs IT Spending Status and Prospect (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) SMBs IT Spending Status and Prospect (2013-2023)
1.4.4 South America (Brazil, Argentina, Colombia) SMBs IT Spending Status and Prospect (2013-2023)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) SMBs IT Spending Status and Prospect (2013-2023)
1.5 Global Market Size of SMBs IT Spending (2013-2023)
2 Manufacturers Profiles
2.1 IBM
2.1.1 Business Overview
2.1.2 SMBs IT Spending Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 IBM SMBs IT Spending Revenue, Gross Margin and Market Share (2016-2017)
2.2 Oracle
2.2.1 Business Overview
2.2.2 SMBs IT Spending Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Oracle SMBs IT Spending Revenue, Gross Margin and Market Share (2016-2017)
2.3 Dell EMC
2.3.1 Business Overview
2.3.2 SMBs IT Spending Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Dell EMC SMBs IT Spending Revenue, Gross Margin and Market Share (2016-2017)
2.4 HP
2.4.1 Business Overview
2.4.2 SMBs IT Spending Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 HP SMBs IT Spending Revenue, Gross Margin and Market Share (2016-2017)
2.5 Microsoft
2.5.1 Business Overview
2.5.2 SMBs IT Spending Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Microsoft SMBs IT Spending Revenue, Gross Margin and Market Share (2016-2017)
2.6 Cisco Systems
2.6.1 Business Overview
2.6.2 SMBs IT Spending Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Cisco Systems SMBs IT Spending Revenue, Gross Margin and Market Share (2016-2017)
2.7 Fujitsu
2.7.1 Business Overview
2.7.2 SMBs IT Spending Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Fujitsu SMBs IT Spending Revenue, Gross Margin and Market Share (2016-2017)
2.8 Toshiba
2.8.1 Business Overview
2.8.2 SMBs IT Spending Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Toshiba SMBs IT Spending Revenue, Gross Margin and Market Share (2016-2017)
2.9 Amdocs
2.9.1 Business Overview
2.9.2 SMBs IT Spending Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Amdocs SMBs IT Spending Revenue, Gross Margin and Market Share (2016-2017)
2.10 SAP
2.10.1 Business Overview
2.10.2 SMBs IT Spending Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 SAP SMBs IT Spending Revenue, Gross Margin and Market Share (2016-2017)
2.11 TCS
2.11.1 Business Overview
2.11.2 SMBs IT Spending Type and Applications
2.11.2.1 Product A
2.11.2.2 Product B
2.11.3 TCS SMBs IT Spending Revenue, Gross Margin and Market Share (2016-2017)
3 Global SMBs IT Spending Market Competition, by Players
3.1 Global SMBs IT Spending Revenue and Share by Players (2013-2018)
3.2 Market Concentration Rate
3.2.1 Top 5 SMBs IT Spending Players Market Share
3.2.2 Top 10 SMBs IT Spending Players Market Share
3.3 Market Competition Trend
4 Global SMBs IT Spending Market Size by Regions
4.1 Global SMBs IT Spending Revenue and Market Share by Regions
4.2 North America SMBs IT Spending Revenue and Growth Rate (2013-2018)
4.3 Europe SMBs IT Spending Revenue and Growth Rate (2013-2018)
4.4 Asia-Pacific SMBs IT Spending Revenue and Growth Rate (2013-2018)
4.5 South America SMBs IT Spending Revenue and Growth Rate (2013-2018)
4.6 Middle East and Africa SMBs IT Spending Revenue and Growth Rate (2013-2018)
5 North America SMBs IT Spending Revenue by Countries
5.1 North America SMBs IT Spending Revenue by Countries (2013-2018)
5.2 USA SMBs IT Spending Revenue and Growth Rate (2013-2018)
5.3 Canada SMBs IT Spending Revenue and Growth Rate (2013-2018)
5.4 Mexico SMBs IT Spending Revenue and Growth Rate (2013-2018)
6 Europe SMBs IT Spending Revenue by Countries
6.1 Europe SMBs IT Spending Revenue by Countries (2013-2018)
6.2 Germany SMBs IT Spending Revenue and Growth Rate (2013-2018)
6.3 UK SMBs IT Spending Revenue and Growth Rate (2013-2018)
6.4 France SMBs IT Spending Revenue and Growth Rate (2013-2018)
6.5 Russia SMBs IT Spending Revenue and Growth Rate (2013-2018)
6.6 Italy SMBs IT Spending Revenue and Growth Rate (2013-2018)
7 Asia-Pacific SMBs IT Spending Revenue by Countries
7.1 Asia-Pacific SMBs IT Spending Revenue by Countries (2013-2018)
7.2 China SMBs IT Spending Revenue and Growth Rate (2013-2018)
7.3 Japan SMBs IT Spending Revenue and Growth Rate (2013-2018)
7.4 Korea SMBs IT Spending Revenue and Growth Rate (2013-2018)
7.5 India SMBs IT Spending Revenue and Growth Rate (2013-2018)
7.6 Southeast Asia SMBs IT Spending Revenue and Growth Rate (2013-2018)
8 South America SMBs IT Spending Revenue by Countries
8.1 South America SMBs IT Spending Revenue by Countries (2013-2018)
8.2 Brazil SMBs IT Spending Revenue and Growth Rate (2013-2018)
8.3 Argentina SMBs IT Spending Revenue and Growth Rate (2013-2018)
8.4 Colombia SMBs IT Spending Revenue and Growth Rate (2013-2018)
9 Middle East and Africa Revenue SMBs IT Spending by Countries
9.1 Middle East and Africa SMBs IT Spending Revenue by Countries (2013-2018)
9.2 Saudi Arabia SMBs IT Spending Revenue and Growth Rate (2013-2018)
9.3 UAE SMBs IT Spending Revenue and Growth Rate (2013-2018)
9.4 Egypt SMBs IT Spending Revenue and Growth Rate (2013-2018)
9.5 Nigeria SMBs IT Spending Revenue and Growth Rate (2013-2018)
9.6 South Africa SMBs IT Spending Revenue and Growth Rate (2013-2018)
10 Global SMBs IT Spending Market Segment by Type
10.1 Global SMBs IT Spending Revenue and Market Share by Type (2013-2018)
10.2 Global SMBs IT Spending Market Forecast by Type (2018-2023)
10.3 Software Revenue Growth Rate (2013-2023)
10.4 Hardware Revenue Growth Rate (2013-2023)
10.5 IT Services Revenue Growth Rate (2013-2023)
11 Global SMBs IT Spending Market Segment by Application
11.1 Global SMBs IT Spending Revenue Market Share by Application (2013-2018)
11.2 SMBs IT Spending Market Forecast by Application (2018-2023)
11.3 Public Sector Revenue Growth (2013-2018)
11.4 BFSI Revenue Growth (2013-2018)
11.5 Telecom and Media Revenue Growth (2013-2018)
11.6 Retail/Wholesale Revenue Growth (2013-2018)
11.7 Other Revenue Growth (2013-2018)
12 Global SMBs IT Spending Market Size Forecast (2018-2023)
12.1 Global SMBs IT Spending Market Size Forecast (2018-2023)
12.2 Global SMBs IT Spending Market Forecast by Regions (2018-2023)
12.3 North America SMBs IT Spending Revenue Market Forecast (2018-2023)
12.4 Europe SMBs IT Spending Revenue Market Forecast (2018-2023)
12.5 Asia-Pacific SMBs IT Spending Revenue Market Forecast (2018-2023)
12.6 South America SMBs IT Spending Revenue Market Forecast (2018-2023)
12.7 Middle East and Africa SMBs IT Spending Revenue Market Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
List of Tables and Figures
Figure SMBs IT Spending Picture
Table Product Specifications of SMBs IT Spending
Table Global SMBs IT Spending and Revenue (Million USD) Market Split by Product Type
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