TechNavio today launched its Global SMB IT Spending Market 2011“2015 report based on an in-depth study covering the Americas and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio™s IT Services team said, SMBs are currently adopting IT initiatives, and they are likely to increase this IT spending in the coming years. This growth will be significantly influenced by the rise in the adoption of mobile and cloud-based technologies. Over one third of medium-sized businesses are estimated to already possess mobile technologies, whereas another one third is expected to possess mobile technologies by the end of 2012. Similarly, approximately 24“27 percent of small-sized businesses are estimated to already possess mobile technologies, whereas the rest are expected to possess mobile technologies by the end of 2012.
According to the report, although the global economic situation is stabilizing, recent developments, such as the credit downgrade in Europe and the US, have been a cause for concern among SMBs in these regions. This has led to many SMBs in these regions revising their revenue forecasts and reducing their IT expenditure.
The report also reveals that one of the major challenges in this market is the increasing number of data security risks.
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 players.
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-smb-it-spending-2011-2015
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TechNavio Announces the Publication of its Report “ Global SMB IT Spending Market 2011“2015
