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Global SMB IT Spending Market Research Report 2024

Global SMB IT Spending Market Research Report 2024

Publishing Date : Feb, 2024

License Type :
 

Report Code : 1902851

No of Pages : 99

Synopsis
SMBs have dynamic needs but limited resources. From the last few decades, SMBs have been the growth engine of the IT industry as they account for the majority of businesses. Moreover, the number of SMBs is set to increase rapidly in the coming years with a rise in the IT component investment.
The global SMB IT Spending market was valued at US$ 213280 million in 2023 and is anticipated to reach US$ 288310 million by 2030, witnessing a CAGR of 4.4% during the forecast period 2024-2030.
The Small and Medium-sized Business (SMB) IT spending market represents a critical segment within the broader information technology industry, focused on the technology investments made by small and medium-sized enterprises to enhance their operations, productivity, and competitiveness. SMBs play a pivotal role in the global economy, and their IT spending encompasses a wide spectrum of products and services, including hardware, software, cloud solutions, cybersecurity, and IT support services. In recent years, the SMB IT spending market has seen robust growth as businesses of all sizes recognize the importance of digital transformation and technological innovation in staying competitive. Factors such as the adoption of cloud computing, remote work trends, and the need for enhanced cybersecurity measures have driven increased IT spending in this sector. SMBs are investing in scalable solutions that offer flexibility, efficiency, and cost-effectiveness. With technology continuing to evolve rapidly, the SMB IT spending market is expected to remain vibrant, offering opportunities for IT providers and vendors to cater to the specific needs of this essential economic segment.
This report aims to provide a comprehensive presentation of the global market for SMB IT Spending, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding SMB IT Spending.
Report Scope
The SMB IT Spending market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global SMB IT Spending market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the SMB IT Spending companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Fujitsu
Lenovo Group
Microsoft
Oracle
SAP
Cisco Systems
IBM
Dell
Toshiba
HP
Amdocs
TCS
AWS
Google
Salesforce
Sophos
Segment by Type
Hardware
Software
Services
Segment by Application
Small Businesses
Medium-sized Businesses
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of SMB IT Spending companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global SMB IT Spending Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Hardware
1.2.3 Software
1.2.4 Services
1.3 Market by Application
1.3.1 Global SMB IT Spending Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Small Businesses
1.3.3 Medium-sized Businesses
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global SMB IT Spending Market Perspective (2019-2030)
2.2 SMB IT Spending Growth Trends by Region
2.2.1 Global SMB IT Spending Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 SMB IT Spending Historic Market Size by Region (2019-2024)
2.2.3 SMB IT Spending Forecasted Market Size by Region (2025-2030)
2.3 SMB IT Spending Market Dynamics
2.3.1 SMB IT Spending Industry Trends
2.3.2 SMB IT Spending Market Drivers
2.3.3 SMB IT Spending Market Challenges
2.3.4 SMB IT Spending Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top SMB IT Spending Players by Revenue
3.1.1 Global Top SMB IT Spending Players by Revenue (2019-2024)
3.1.2 Global SMB IT Spending Revenue Market Share by Players (2019-2024)
3.2 Global SMB IT Spending Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by SMB IT Spending Revenue
3.4 Global SMB IT Spending Market Concentration Ratio
3.4.1 Global SMB IT Spending Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by SMB IT Spending Revenue in 2023
3.5 SMB IT Spending Key Players Head office and Area Served
3.6 Key Players SMB IT Spending Product Solution and Service
3.7 Date of Enter into SMB IT Spending Market
3.8 Mergers & Acquisitions, Expansion Plans
4 SMB IT Spending Breakdown Data by Type
4.1 Global SMB IT Spending Historic Market Size by Type (2019-2024)
4.2 Global SMB IT Spending Forecasted Market Size by Type (2025-2030)
5 SMB IT Spending Breakdown Data by Application
5.1 Global SMB IT Spending Historic Market Size by Application (2019-2024)
5.2 Global SMB IT Spending Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America SMB IT Spending Market Size (2019-2030)
6.2 North America SMB IT Spending Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America SMB IT Spending Market Size by Country (2019-2024)
6.4 North America SMB IT Spending Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe SMB IT Spending Market Size (2019-2030)
7.2 Europe SMB IT Spending Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe SMB IT Spending Market Size by Country (2019-2024)
7.4 Europe SMB IT Spending Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific SMB IT Spending Market Size (2019-2030)
8.2 Asia-Pacific SMB IT Spending Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific SMB IT Spending Market Size by Region (2019-2024)
8.4 Asia-Pacific SMB IT Spending Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America SMB IT Spending Market Size (2019-2030)
9.2 Latin America SMB IT Spending Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America SMB IT Spending Market Size by Country (2019-2024)
9.4 Latin America SMB IT Spending Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa SMB IT Spending Market Size (2019-2030)
10.2 Middle East & Africa SMB IT Spending Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa SMB IT Spending Market Size by Country (2019-2024)
10.4 Middle East & Africa SMB IT Spending Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Fujitsu
11.1.1 Fujitsu Company Detail
11.1.2 Fujitsu Business Overview
11.1.3 Fujitsu SMB IT Spending Introduction
11.1.4 Fujitsu Revenue in SMB IT Spending Business (2019-2024)
11.1.5 Fujitsu Recent Development
11.2 Lenovo Group
11.2.1 Lenovo Group Company Detail
11.2.2 Lenovo Group Business Overview
11.2.3 Lenovo Group SMB IT Spending Introduction
11.2.4 Lenovo Group Revenue in SMB IT Spending Business (2019-2024)
11.2.5 Lenovo Group Recent Development
11.3 Microsoft
11.3.1 Microsoft Company Detail
11.3.2 Microsoft Business Overview
11.3.3 Microsoft SMB IT Spending Introduction
11.3.4 Microsoft Revenue in SMB IT Spending Business (2019-2024)
11.3.5 Microsoft Recent Development
11.4 Oracle
11.4.1 Oracle Company Detail
11.4.2 Oracle Business Overview
11.4.3 Oracle SMB IT Spending Introduction
11.4.4 Oracle Revenue in SMB IT Spending Business (2019-2024)
11.4.5 Oracle Recent Development
11.5 SAP
11.5.1 SAP Company Detail
11.5.2 SAP Business Overview
11.5.3 SAP SMB IT Spending Introduction
11.5.4 SAP Revenue in SMB IT Spending Business (2019-2024)
11.5.5 SAP Recent Development
11.6 Cisco Systems
11.6.1 Cisco Systems Company Detail
11.6.2 Cisco Systems Business Overview
11.6.3 Cisco Systems SMB IT Spending Introduction
11.6.4 Cisco Systems Revenue in SMB IT Spending Business (2019-2024)
11.6.5 Cisco Systems Recent Development
11.7 IBM
11.7.1 IBM Company Detail
11.7.2 IBM Business Overview
11.7.3 IBM SMB IT Spending Introduction
11.7.4 IBM Revenue in SMB IT Spending Business (2019-2024)
11.7.5 IBM Recent Development
11.8 Dell
11.8.1 Dell Company Detail
11.8.2 Dell Business Overview
11.8.3 Dell SMB IT Spending Introduction
11.8.4 Dell Revenue in SMB IT Spending Business (2019-2024)
11.8.5 Dell Recent Development
11.9 Toshiba
11.9.1 Toshiba Company Detail
11.9.2 Toshiba Business Overview
11.9.3 Toshiba SMB IT Spending Introduction
11.9.4 Toshiba Revenue in SMB IT Spending Business (2019-2024)
11.9.5 Toshiba Recent Development
11.10 HP
11.10.1 HP Company Detail
11.10.2 HP Business Overview
11.10.3 HP SMB IT Spending Introduction
11.10.4 HP Revenue in SMB IT Spending Business (2019-2024)
11.10.5 HP Recent Development
11.11 Amdocs
11.11.1 Amdocs Company Detail
11.11.2 Amdocs Business Overview
11.11.3 Amdocs SMB IT Spending Introduction
11.11.4 Amdocs Revenue in SMB IT Spending Business (2019-2024)
11.11.5 Amdocs Recent Development
11.12 TCS
11.12.1 TCS Company Detail
11.12.2 TCS Business Overview
11.12.3 TCS SMB IT Spending Introduction
11.12.4 TCS Revenue in SMB IT Spending Business (2019-2024)
11.12.5 TCS Recent Development
11.13 AWS
11.13.1 AWS Company Detail
11.13.2 AWS Business Overview
11.13.3 AWS SMB IT Spending Introduction
11.13.4 AWS Revenue in SMB IT Spending Business (2019-2024)
11.13.5 AWS Recent Development
11.14 Google
11.14.1 Google Company Detail
11.14.2 Google Business Overview
11.14.3 Google SMB IT Spending Introduction
11.14.4 Google Revenue in SMB IT Spending Business (2019-2024)
11.14.5 Google Recent Development
11.15 Salesforce
11.15.1 Salesforce Company Detail
11.15.2 Salesforce Business Overview
11.15.3 Salesforce SMB IT Spending Introduction
11.15.4 Salesforce Revenue in SMB IT Spending Business (2019-2024)
11.15.5 Salesforce Recent Development
11.16 Sophos
11.16.1 Sophos Company Detail
11.16.2 Sophos Business Overview
11.16.3 Sophos SMB IT Spending Introduction
11.16.4 Sophos Revenue in SMB IT Spending Business (2019-2024)
11.16.5 Sophos Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

Published By : QY Research

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