Global IT Spending by SMBs 2016-2020 - Order report by calling ReportsnReports.com at +1 888 391 5441 OR send an email on sales@reportsandreports.com with Remote IT Spending by SMBs Market in subject line and your contact details. Read 66 Pages Report at http://www.reportsnreports.com/reports/509001-global-itspending-by-smbs-2016-2020.html . 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-tomarket. 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 Global IT spending by SMBs to grow at a CAGR of 5.91% during the period 2016-2020. Covered in this report This 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
Global IT Spending by SMBs 2016-2020