SMBs IT Spending Market - Global Outlook and Forecast 2022-2028

March 2022 | 62 pages | ID: SBB0F3339D76EN
Market Monitor Global

Abstracts

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 contains market size and forecasts of SMBs IT Spending in Global, including the following market information:

Global SMBs IT Spending Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global SMBs IT Spending market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Software Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of SMBs IT Spending include IBM, Oracle, Dell EMC, HP, Microsoft, Cisco Systems, Fujitsu, Toshiba and Amdocs, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has 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, 2017-2022, 2023-2028 ($ millions)

Global SMBs IT Spending Market Segment Percentages, by Type, 2021 (%)

• Software
• Hardware
• IT Services

Global SMBs IT Spending Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global SMBs IT Spending Market Segment Percentages, by Application, 2021 (%)

• Public Sector
• BFSI
• Telecom and Media
• Retail/Wholesale
• Others

Global SMBs IT Spending Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global SMBs IT Spending Market Segment Percentages, By Region and Country, 2021 (%)

• 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, 2017-2022 (estimated), ($ millions)

Key companies SMBs IT Spending revenues share in global market, 2021 (%)

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

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: 2021 VS 2028
2.2 Global SMBs IT Spending Market Size, Prospects & Forecasts: 2017-2028
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 2021
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, 2021 & 2028
  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, 2017-2022
  4.2.2 By Type - Global SMBs IT Spending Revenue, 2023-2028
  4.2.3 By Type - Global SMBs IT Spending Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global SMBs IT Spending Market Size, 2021 & 2028
  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, 2017-2022
  5.2.2 By Application - Global SMBs IT Spending Revenue, 2023-2028
  5.2.3 By Application - Global SMBs IT Spending Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global SMBs IT Spending Market Size, 2021 & 2028
6.2 By Region - Global SMBs IT Spending Revenue & Forecasts
  6.2.1 By Region - Global SMBs IT Spending Revenue, 2017-2022
  6.2.2 By Region - Global SMBs IT Spending Revenue, 2023-2028
  6.2.3 By Region - Global SMBs IT Spending Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America SMBs IT Spending Revenue, 2017-2028
  6.3.2 US SMBs IT Spending Market Size, 2017-2028
  6.3.3 Canada SMBs IT Spending Market Size, 2017-2028
  6.3.4 Mexico SMBs IT Spending Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe SMBs IT Spending Revenue, 2017-2028
  6.4.2 Germany SMBs IT Spending Market Size, 2017-2028
  6.4.3 France SMBs IT Spending Market Size, 2017-2028
  6.4.4 U.K. SMBs IT Spending Market Size, 2017-2028
  6.4.5 Italy SMBs IT Spending Market Size, 2017-2028
  6.4.6 Russia SMBs IT Spending Market Size, 2017-2028
  6.4.7 Nordic Countries SMBs IT Spending Market Size, 2017-2028
  6.4.8 Benelux SMBs IT Spending Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia SMBs IT Spending Revenue, 2017-2028
  6.5.2 China SMBs IT Spending Market Size, 2017-2028
  6.5.3 Japan SMBs IT Spending Market Size, 2017-2028
  6.5.4 South Korea SMBs IT Spending Market Size, 2017-2028
  6.5.5 Southeast Asia SMBs IT Spending Market Size, 2017-2028
  6.5.6 India SMBs IT Spending Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America SMBs IT Spending Revenue, 2017-2028
  6.6.2 Brazil SMBs IT Spending Market Size, 2017-2028
  6.6.3 Argentina SMBs IT Spending Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa SMBs IT Spending Revenue, 2017-2028
  6.7.2 Turkey SMBs IT Spending Market Size, 2017-2028
  6.7.3 Israel SMBs IT Spending Market Size, 2017-2028
  6.7.4 Saudi Arabia SMBs IT Spending Market Size, 2017-2028
  6.7.5 UAE SMBs IT Spending Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 IBM
  7.1.1 IBM Corporate 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 (2017-2022)
  7.1.5 IBM Key News
7.2 Oracle
  7.2.1 Oracle Corporate 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 (2017-2022)
  7.2.5 Oracle Key News
7.3 Dell EMC
  7.3.1 Dell EMC Corporate 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 (2017-2022)
  7.3.5 Dell EMC Key News
7.4 HP
  7.4.1 HP Corporate 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 (2017-2022)
  7.4.5 HP Key News
7.5 Microsoft
  7.5.1 Microsoft Corporate 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 (2017-2022)
  7.5.5 Microsoft Key News
7.6 Cisco Systems
  7.6.1 Cisco Systems Corporate 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 (2017-2022)
  7.6.5 Cisco Systems Key News
7.7 Fujitsu
  7.7.1 Fujitsu Corporate 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 (2017-2022)
  7.7.5 Fujitsu Key News
7.8 Toshiba
  7.8.1 Toshiba Corporate 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 (2017-2022)
  7.8.5 Toshiba Key News
7.9 Amdocs
  7.9.1 Amdocs Corporate 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 (2017-2022)
  7.9.5 Amdocs Key News
7.10 SAP
  7.10.1 SAP Corporate 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 (2017-2022)
  7.10.5 SAP Key News
7.11 TCS
  7.11.1 TCS Corporate 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 (2017-2022)
  7.11.5 TCS Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

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 (2021)
Table 6. Global SMBs IT Spending Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global SMBs IT Spending Revenue Share by Companies, 2017-2022
Table 8. Global Companies SMBs IT Spending Product Type
Table 9. List of Global Tier 1 SMBs IT Spending Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 SMBs IT Spending Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global SMBs IT Spending Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - SMBs IT Spending Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - SMBs IT Spending Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global SMBs IT Spending Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - SMBs IT Spending Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - SMBs IT Spending Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global SMBs IT Spending Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global SMBs IT Spending Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global SMBs IT Spending Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America SMBs IT Spending Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America SMBs IT Spending Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe SMBs IT Spending Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe SMBs IT Spending Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia SMBs IT Spending Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia SMBs IT Spending Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America SMBs IT Spending Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America SMBs IT Spending Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa SMBs IT Spending Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa SMBs IT Spending Revenue, (US$, Mn), 2023-2028
Table 30. IBM Corporate Summary
Table 31. IBM SMBs IT Spending Product Offerings
Table 32. IBM SMBs IT Spending Revenue (US$, Mn), (2017-2022)
Table 33. Oracle Corporate Summary
Table 34. Oracle SMBs IT Spending Product Offerings
Table 35. Oracle SMBs IT Spending Revenue (US$, Mn), (2017-2022)
Table 36. Dell EMC Corporate Summary
Table 37. Dell EMC SMBs IT Spending Product Offerings
Table 38. Dell EMC SMBs IT Spending Revenue (US$, Mn), (2017-2022)
Table 39. HP Corporate Summary
Table 40. HP SMBs IT Spending Product Offerings
Table 41. HP SMBs IT Spending Revenue (US$, Mn), (2017-2022)
Table 42. Microsoft Corporate Summary
Table 43. Microsoft SMBs IT Spending Product Offerings
Table 44. Microsoft SMBs IT Spending Revenue (US$, Mn), (2017-2022)
Table 45. Cisco Systems Corporate Summary
Table 46. Cisco Systems SMBs IT Spending Product Offerings
Table 47. Cisco Systems SMBs IT Spending Revenue (US$, Mn), (2017-2022)
Table 48. Fujitsu Corporate Summary
Table 49. Fujitsu SMBs IT Spending Product Offerings
Table 50. Fujitsu SMBs IT Spending Revenue (US$, Mn), (2017-2022)
Table 51. Toshiba Corporate Summary
Table 52. Toshiba SMBs IT Spending Product Offerings
Table 53. Toshiba SMBs IT Spending Revenue (US$, Mn), (2017-2022)
Table 54. Amdocs Corporate Summary
Table 55. Amdocs SMBs IT Spending Product Offerings
Table 56. Amdocs SMBs IT Spending Revenue (US$, Mn), (2017-2022)
Table 57. SAP Corporate Summary
Table 58. SAP SMBs IT Spending Product Offerings
Table 59. SAP SMBs IT Spending Revenue (US$, Mn), (2017-2022)
Table 60. TCS Corporate Summary
Table 61. TCS SMBs IT Spending Product Offerings
Table 62. TCS SMBs IT Spending Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. SMBs IT Spending Segment by Type in 2021
Figure 2. SMBs IT Spending Segment by Application in 2021
Figure 3. Global SMBs IT Spending Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global SMBs IT Spending Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global SMBs IT Spending Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by SMBs IT Spending Revenue in 2021
Figure 8. By Type - Global SMBs IT Spending Revenue Market Share, 2017-2028
Figure 9. By Application - Global SMBs IT Spending Revenue Market Share, 2017-2028
Figure 10. By Region - Global SMBs IT Spending Revenue Market Share, 2017-2028
Figure 11. By Country - North America SMBs IT Spending Revenue Market Share, 2017-2028
Figure 12. US SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 13. Canada SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe SMBs IT Spending Revenue Market Share, 2017-2028
Figure 16. Germany SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 17. France SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 19. Italy SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 20. Russia SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia SMBs IT Spending Revenue Market Share, 2017-2028
Figure 24. China SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 25. Japan SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 28. India SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America SMBs IT Spending Revenue Market Share, 2017-2028
Figure 30. Brazil SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa SMBs IT Spending Revenue Market Share, 2017-2028
Figure 33. Turkey SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 34. Israel SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 36. UAE SMBs IT Spending Revenue, (US$, Mn), 2017-2028
Figure 37. IBM SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Oracle SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Dell EMC SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. HP SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Microsoft SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Cisco Systems SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Fujitsu SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Toshiba SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Amdocs SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. SAP SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. TCS SMBs IT Spending Revenue Year Over Year Growth (US$, Mn) & (2017-2022)