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Research and Markets: Global SMB IT Spending Market to 2016: Cisco, Dell, HP & IBM Dominate the Industry

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11/08/2013 | 12:41pm EDT

Research and Markets (http://www.researchandmarkets.com/research/nndcvd/global_smb_it) has announced the addition of the "Global SMB IT Spending Market to 2016" report to their offering.

The Global Small and Medium Businesses (SMB) IT Spending market to grow at a CAGR of 5.5 percent over the period 2012-2016.

The SMB IT Spending market has many growth drivers; one of which is the increased usage of mobile devices by employees in workplaces. Employees working in various organizations are carrying their own devices to their workplace and are connecting them to the company networks. This poses a tremendous challenge to companies as security of company data is at stake. Therefore, SMBs are formulating their BYOD policies to provide a seamless digital experience to their employees without fearing to lose confidential information from their company networks.

Mobility is one area where we expect to see a lot of traction. Mobile devices, applications, and services are dramatically reshaping SMBs' business strategies, revenue models, and how employees interact with partners, customers, and other employees. More SMB owners and decision makers are now adopting telecommuting policies to help their employees remain connected even on the go. The explosion of smartphones and tablets is fuelling this adoption. These mobile devices provide great operational and productivity benefits to organizations by allowing them to empower their employees and spread out beyond traditional work environment. Applications on these devices benefit organizations to rapidly address customer demands and hence differentiate from their competitors. Many of these applications are targeted toward specific markets and a strong growth of apps is expected to be seen in the areas of mobile payments, time management, and customer service. Therefore, SMBs are gradually embracing mobility solutions to enhance customer service, reduce costs through BYOD initiatives, and reduce rigidity with regard to work styles through the effective application of mobile solutions.

Further, the report states that one of the major challenges in this market is the cost involved in buying and implementing IT systems. SMBs are characterized by being resource constrained and hence any substantial expenditure is a matter of concern for SMBs. Thus, they are over cautious while spending a substantial amount of money.

The key vendors dominating this space include:

  • Cisco Systems Inc.
  • Dell Inc.
  • Hewlett-Packard Co.
  • IBM Corp.

The other vendors mentioned in the report are:

  • Fujitsu Technology Solutions
  • Lenovo Group Ltd.
  • Microsoft Corp.
  • Oracle Corp.
  • SAP AG
  • Toshiba Corp.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Introduction

04. Market Research Methodology

05. Scope of the Report

06. Market Landscape

07. Geographical Segmentation

08. Key Leading Countries

09. Vendor Landscape

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/nndcvd/global_smb_it

Research and Markets
Laura Wood, Senior Manager
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Services

© Business Wire 2013
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