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.
This report aims to provide a comprehensive presentation of the global market for SMBs 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 SMBs IT Spending. This report contains market size and forecasts of SMBs IT Spending in global, including the following market information:
Global SMBs IT Spending Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global SMBs IT Spending market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The IT services segment dominated the market.
We surveyed the SMBs IT Spending companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global SMBs IT Spending Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global SMBs IT Spending Market Segment Percentages, by Type, 2022 (%)
Software
Hardware
IT Services
Global SMBs IT Spending Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global SMBs IT Spending Market Segment Percentages, by Application, 2022 (%)
Public Sector
BFSI
Telecom and Media
Retail/Wholesale
Others
Global SMBs IT Spending Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global SMBs IT Spending Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies SMBs IT Spending revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies SMBs IT Spending revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
IBM
Oracle
Dell EMC
HP
Microsoft
Cisco Systems
Fujitsu
Toshiba
Amdocs
SAP
TCS
Outline of Major Chapters:
Chapter 1: Introduces the definition of SMBs IT Spending, market overview.
Chapter 2: Global SMBs IT Spending market size in revenue.
Chapter 3: Detailed analysis of SMBs IT Spending company competitive landscape, revenue and 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: Sales of SMBs IT Spending in regional level and country level. 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 of each country in the world.
Chapter 7: 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 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 SMBs IT Spending Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global SMBs IT Spending Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global SMBs IT Spending Overall Market Size
2.1 Global SMBs IT Spending Market Size: 2022 VS 2030
2.2 Global SMBs IT Spending Market Size, Prospects & Forecasts: 2018-2030
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top SMBs IT Spending Players in Global Market
3.2 Top Global SMBs IT Spending Companies Ranked by Revenue
3.3 Global SMBs IT Spending Revenue by Companies
3.4 Top 3 and Top 5 SMBs IT Spending Companies in Global Market, by Revenue in 2022
3.5 Global Companies SMBs IT Spending Product Type
3.6 Tier 1, Tier 2 and Tier 3 SMBs IT Spending Players in Global Market
3.6.1 List of Global Tier 1 SMBs IT Spending Companies
3.6.2 List of Global Tier 2 and Tier 3 SMBs IT Spending Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global SMBs IT Spending Market Size Markets, 2022 & 2030
4.1.2 Software
4.1.3 Hardware
4.1.4 IT Services
4.2 By Type - Global SMBs IT Spending Revenue & Forecasts
4.2.1 By Type - Global SMBs IT Spending Revenue, 2018-2023
4.2.2 By Type - Global SMBs IT Spending Revenue, 2024-2030
4.2.3 By Type - Global SMBs IT Spending Revenue Market Share, 2018-2030
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global SMBs IT Spending Market Size, 2022 & 2030
5.1.2 Public Sector
5.1.3 BFSI
5.1.4 Telecom and Media
5.1.5 Retail/Wholesale
5.1.6 Others
5.2 By Application - Global SMBs IT Spending Revenue & Forecasts
5.2.1 By Application - Global SMBs IT Spending Revenue, 2018-2023
5.2.2 By Application - Global SMBs IT Spending Revenue, 2024-2030
5.2.3 By Application - Global SMBs IT Spending Revenue Market Share, 2018-2030
6 Sights by Region
6.1 By Region - Global SMBs IT Spending Market Size, 2022 & 2030
6.2 By Region - Global SMBs IT Spending Revenue & Forecasts
6.2.1 By Region - Global SMBs IT Spending Revenue, 2018-2023
6.2.2 By Region - Global SMBs IT Spending Revenue, 2024-2030
6.2.3 By Region - Global SMBs IT Spending Revenue Market Share, 2018-2030
6.3 North America
6.3.1 By Country - North America SMBs IT Spending Revenue, 2018-2030
6.3.2 US SMBs IT Spending Market Size, 2018-2030
6.3.3 Canada SMBs IT Spending Market Size, 2018-2030
6.3.4 Mexico SMBs IT Spending Market Size, 2018-2030
6.4 Europe
6.4.1 By Country - Europe SMBs IT Spending Revenue, 2018-2030
6.4.2 Germany SMBs IT Spending Market Size, 2018-2030
6.4.3 France SMBs IT Spending Market Size, 2018-2030
6.4.4 U.K. SMBs IT Spending Market Size, 2018-2030
6.4.5 Italy SMBs IT Spending Market Size, 2018-2030
6.4.6 Russia SMBs IT Spending Market Size, 2018-2030
6.4.7 Nordic Countries SMBs IT Spending Market Size, 2018-2030
6.4.8 Benelux SMBs IT Spending Market Size, 2018-2030
6.5 Asia
6.5.1 By Region - Asia SMBs IT Spending Revenue, 2018-2030
6.5.2 China SMBs IT Spending Market Size, 2018-2030
6.5.3 Japan SMBs IT Spending Market Size, 2018-2030
6.5.4 South Korea SMBs IT Spending Market Size, 2018-2030
6.5.5 Southeast Asia SMBs IT Spending Market Size, 2018-2030
6.5.6 India SMBs IT Spending Market Size, 2018-2030
6.6 South America
6.6.1 By Country - South America SMBs IT Spending Revenue, 2018-2030
6.6.2 Brazil SMBs IT Spending Market Size, 2018-2030
6.6.3 Argentina SMBs IT Spending Market Size, 2018-2030
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa SMBs IT Spending Revenue, 2018-2030
6.7.2 Turkey SMBs IT Spending Market Size, 2018-2030
6.7.3 Israel SMBs IT Spending Market Size, 2018-2030
6.7.4 Saudi Arabia SMBs IT Spending Market Size, 2018-2030
6.7.5 UAE SMBs IT Spending Market Size, 2018-2030
7 SMBs IT Spending Companies Profiles
7.1 IBM
7.1.1 IBM Company Summary
7.1.2 IBM Business Overview
7.1.3 IBM SMBs IT Spending Major Product Offerings
7.1.4 IBM SMBs IT Spending Revenue in Global Market (2018-2023)
7.1.5 IBM Key News & Latest Developments
7.2 Oracle
7.2.1 Oracle Company Summary
7.2.2 Oracle Business Overview
7.2.3 Oracle SMBs IT Spending Major Product Offerings
7.2.4 Oracle SMBs IT Spending Revenue in Global Market (2018-2023)
7.2.5 Oracle Key News & Latest Developments
7.3 Dell EMC
7.3.1 Dell EMC Company Summary
7.3.2 Dell EMC Business Overview
7.3.3 Dell EMC SMBs IT Spending Major Product Offerings
7.3.4 Dell EMC SMBs IT Spending Revenue in Global Market (2018-2023)
7.3.5 Dell EMC Key News & Latest Developments
7.4 HP
7.4.1 HP Company Summary
7.4.2 HP Business Overview
7.4.3 HP SMBs IT Spending Major Product Offerings
7.4.4 HP SMBs IT Spending Revenue in Global Market (2018-2023)
7.4.5 HP Key News & Latest Developments
7.5 Microsoft
7.5.1 Microsoft Company Summary
7.5.2 Microsoft Business Overview
7.5.3 Microsoft SMBs IT Spending Major Product Offerings
7.5.4 Microsoft SMBs IT Spending Revenue in Global Market (2018-2023)
7.5.5 Microsoft Key News & Latest Developments
7.6 Cisco Systems
7.6.1 Cisco Systems Company Summary
7.6.2 Cisco Systems Business Overview
7.6.3 Cisco Systems SMBs IT Spending Major Product Offerings
7.6.4 Cisco Systems SMBs IT Spending Revenue in Global Market (2018-2023)
7.6.5 Cisco Systems Key News & Latest Developments
7.7 Fujitsu
7.7.1 Fujitsu Company Summary
7.7.2 Fujitsu Business Overview
7.7.3 Fujitsu SMBs IT Spending Major Product Offerings
7.7.4 Fujitsu SMBs IT Spending Revenue in Global Market (2018-2023)
7.7.5 Fujitsu Key News & Latest Developments
7.8 Toshiba
7.8.1 Toshiba Company Summary
7.8.2 Toshiba Business Overview
7.8.3 Toshiba SMBs IT Spending Major Product Offerings
7.8.4 Toshiba SMBs IT Spending Revenue in Global Market (2018-2023)
7.8.5 Toshiba Key News & Latest Developments
7.9 Amdocs
7.9.1 Amdocs Company Summary
7.9.2 Amdocs Business Overview
7.9.3 Amdocs SMBs IT Spending Major Product Offerings
7.9.4 Amdocs SMBs IT Spending Revenue in Global Market (2018-2023)
7.9.5 Amdocs Key News & Latest Developments
7.10 SAP
7.10.1 SAP Company Summary
7.10.2 SAP Business Overview
7.10.3 SAP SMBs IT Spending Major Product Offerings
7.10.4 SAP SMBs IT Spending Revenue in Global Market (2018-2023)
7.10.5 SAP Key News & Latest Developments
7.11 TCS
7.11.1 TCS Company Summary
7.11.2 TCS Business Overview
7.11.3 TCS SMBs IT Spending Major Product Offerings
7.11.4 TCS SMBs IT Spending Revenue in Global Market (2018-2023)
7.11.5 TCS Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. SMBs IT Spending Market Opportunities & Trends in Global Market
Table 2. SMBs IT Spending Market Drivers in Global Market
Table 3. SMBs IT Spending Market Restraints in Global Market
Table 4. Key Players of SMBs IT Spending in Global Market
Table 5. Top SMBs IT Spending Players in Global Market, Ranking by Revenue (2022)
Table 6. Global SMBs IT Spending Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global SMBs IT Spending Revenue Share by Companies, 2018-2023
Table 8. Global Companies SMBs IT Spending Product Type
Table 9. List of Global Tier 1 SMBs IT Spending Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 SMBs IT Spending Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global SMBs IT Spending Revenue, (US$, Mn), 2022 & 2030
Table 12. By Type - SMBs IT Spending Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - SMBs IT Spending Revenue in Global (US$, Mn), 2024-2030
Table 14. By Application ? Global SMBs IT Spending Revenue, (US$, Mn), 2022 & 2030
Table 15. By Application - SMBs IT Spending Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - SMBs IT Spending Revenue in Global (US$, Mn), 2024-2030
Table 17. By Region ? Global SMBs IT Spending Revenue, (US$, Mn), 2022 & 2030
Table 18. By Region - Global SMBs IT Spending Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global SMBs IT Spending Revenue (US$, Mn), 2024-2030
Table 20. By Country - North America SMBs IT Spending Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America SMBs IT Spending Revenue, (US$, Mn), 2024-2030
Table 22. By Country - Europe SMBs IT Spending Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe SMBs IT Spending Revenue, (US$, Mn), 2024-2030
Table 24. By Region - Asia SMBs IT Spending Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia SMBs IT Spending Revenue, (US$, Mn), 2024-2030
Table 26. By Country - South America SMBs IT Spending Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America SMBs IT Spending Revenue, (US$, Mn), 2024-2030
Table 28. By Country - Middle East & Africa SMBs IT Spending Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa SMBs IT Spending Revenue, (US$, Mn), 2024-2030
Table 30. IBM Company Summary
Table 31. IBM SMBs IT Spending Product Offerings
Table 32. IBM SMBs IT Spending Revenue (US$, Mn) & (2018-2023)
Table 33. IBM Key News & Latest Developments
Table 34. Oracle Company Summary
Table 35. Oracle SMBs IT Spending Product Offerings
Table 36. Oracle SMBs IT Spending Revenue (US$, Mn) & (2018-2023)
Table 37. Oracle Key News & Latest Developments
Table 38. Dell EMC Company Summary
Table 39. Dell EMC SMBs IT Spending Product Offerings
Table 40. Dell EMC SMBs IT Spending Revenue (US$, Mn) & (2018-2023)
Table 41. Dell EMC Key News & Latest Developments
Table 42. HP Company Summary
Table 43. HP SMBs IT Spending Product Offerings
Table 44. HP SMBs IT Spending Revenue (US$, Mn) & (2018-2023)
Table 45. HP Key News & Latest Developments
Table 46. Microsoft Company Summary
Table 47. Microsoft SMBs IT Spending Product Offerings
Table 48. Microsoft SMBs IT Spending Revenue (US$, Mn) & (2018-2023)
Table 49. Microsoft Key News & Latest Developments
Table 50. Cisco Systems Company Summary
Table 51. Cisco Systems SMBs IT Spending Product Offerings
Table 52. Cisco Systems SMBs IT Spending Revenue (US$, Mn) & (2018-2023)
Table 53. Cisco Systems Key News & Latest Developments
Table 54. Fujitsu Company Summary
Table 55. Fujitsu SMBs IT Spending Product Offerings
Table 56. Fujitsu SMBs IT Spending Revenue (US$, Mn) & (2018-2023)
Table 57. Fujitsu Key News & Latest Developments
Table 58. Toshiba Company Summary
Table 59. Toshiba SMBs IT Spending Product Offerings
Table 60. Toshiba SMBs IT Spending Revenue (US$, Mn) & (2018-2023)
Table 61. Toshiba Key News & Latest Developments
Table 62. Amdocs Company Summary
Table 63. Amdocs SMBs IT Spending Product Offerings
Table 64. Amdocs SMBs IT Spending Revenue (US$, Mn) & (2018-2023)
Table 65. Amdocs Key News & Latest Developments
Table 66. SAP Company Summary
Table 67. SAP SMBs IT Spending Product Offerings
Table 68. SAP SMBs IT Spending Revenue (US$, Mn) & (2018-2023)
Table 69. SAP Key News & Latest Developments
Table 70. TCS Company Summary
Table 71. TCS SMBs IT Spending Product Offerings
Table 72. TCS SMBs IT Spending Revenue (US$, Mn) & (2018-2023)
Table 73. TCS Key News & Latest Developments
List of Figures
Figure 1. SMBs IT Spending Segment by Type in 2022
Figure 2. SMBs IT Spending Segment by Application in 2022
Figure 3. Global SMBs IT Spending Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global SMBs IT Spending Market Size: 2022 VS 2030 (US$, Mn)
Figure 6. Global SMBs IT Spending Revenue, 2018-2030 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by SMBs IT Spending Revenue in 2022
Figure 8. By Type - Global SMBs IT Spending Revenue Market Share, 2018-2030
Figure 9. By Application - Global SMBs IT Spending Revenue Market Share, 2018-2030
Figure 10. By Type - Global SMBs IT Spending Revenue, (US$, Mn), 2022 & 2030
Figure 11. By Type - Global SMBs IT Spending Revenue Market Share, 2018-2030
Figure 12. By Application - Global SMBs IT Spending Revenue, (US$, Mn), 2022 & 2030
Figure 13. By Application - Global SMBs IT Spending Revenue Market Share, 2018-2030
Figure 14. By Region - Global SMBs IT Spending Revenue Market Share, 2018-2030
Figure 15. By Country - North America SMBs IT Spending Revenue Market Share, 2018-2030
Figure 16. US SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 17. Canada SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 18. Mexico SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 19. By Country - Europe SMBs IT Spending Revenue Market Share, 2018-2030
Figure 20. Germany SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 21. France SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 22. U.K. SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 23. Italy SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 24. Russia SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 25. Nordic Countries SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 26. Benelux SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 27. By Region - Asia SMBs IT Spending Revenue Market Share, 2018-2030
Figure 28. China SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 29. Japan SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 30. South Korea SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 31. Southeast Asia SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 32. India SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 33. By Country - South America SMBs IT Spending Revenue Market Share, 2018-2030
Figure 34. Brazil SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 35. Argentina SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 36. By Country - Middle East & Africa SMBs IT Spending Revenue Market Share, 2018-2030
Figure 37. Turkey SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 38. Israel SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 39. Saudi Arabia SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 40. UAE SMBs IT Spending Revenue, (US$, Mn), 2018-2030
Figure 41. IBM SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Oracle SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Dell EMC SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. HP SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Microsoft SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Cisco Systems SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Fujitsu SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Toshiba SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Amdocs SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. SAP SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. TCS SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2018-2023)