March 10, 2005
US IT Spending: Enterprise Versus SMB
SMB Spending On IT Almost As Large As Enterprises' And Is Growing Faster
with Tom Pohlmann, Meredith Morris, Ryan Hudson, G. Oliver Young
Executive Summary (This is a document excerpt)
US IT spending by small and medium-size businesses (SMBs) grew to $320 billion in 2004, representing 44% of all US IT spending. Following a similar rate of growth in 2004, US SMB IT spending is on pace to grow by 8% in 2005, while IT spending by US enterprise-class companies will rise more modestly, by almost 6% in 2005, up from 3% in 2004. As the SMB percentage of overall IT spending has continued to grow, the SMB market for information technologies and services has finally become too big to ignore. However, it differs significantly from the enterprise market, with services industries like government, healthcare, and professional services representing much more than three-fourths of all SMB IT spending.
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WHAT IT MEANS
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To estimate 2004 and 2005 IT spending by firms of different sizes in 17 industries, we used our 2003 and 2004 data and 2005 forecast data of total US IT spending and public and proprietary data sources for the number and gross output (or revenues) of SMBs and enterprises in different industries. Related Research Documents
December 15, 2004, Data Overview
November 19, 2004, Trends |
Large Enterprises Still Dominate US IT Market, But SMB Spending Is Growing Faster 
Services Industries Dominate SMB IT Spending Find Documents In Related CategoriesThis document falls under the following categories. Click on a link below to find similar documents.
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Original air date: Tuesday, June 23, 2009
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