US Enterprise Versus SMB IT Budgets In 2009
Enterprises Will Not Do As Badly As SMBs In Many Verticals In 2009 Downturn
May 7, 2009
Why Read This Report
US IT budgetary spending will fall in 2009 by 2% as the recession takes its toll on US businesses and governments. Contrary to past experience, small and medium-size business (SMB) IT spending will decline more than enterprise IT spending as SMBs bear more of the pain from the housing sector collapse and the financial crisis. The largest sectors of the US tech market continue to be service industries like professional services, governments, healthcare and education, and financial services, with the first three industries experiencing positive IT budget growth. The biggest declines in 2009 will be in manufacturing and retail, affecting SMBs and enterprises equally. However, these are relatively small parts of the US tech market. The best opportunities for IT vendors in 2009 will be with enterprises providing professional services, federal and selected state governments, healthcare, education, large utilities, and telecom firms.
Already a Client?
Log in to read this document.
Become a Forrester Client
Customers are the new market-makers, reshaping industries and changing how businesses compete and win. Success depends on how well and how fast you respond. Forrester Research gives you insights and frameworks aligned to your role to shorten the time between a great idea and a great outcome, helping your teams win in the age of the customer. Contact us to learn more.
This report is available for individual purchase ($2495 USD).Purchase
Table of Contents
- Forecasting US IT Spending By Company Size And Industry
- SMBs Will Cut Their 2009 IT Budgets More Than Enterprises Will
- Pick Your Target Segments Carefully — Conventional Wisdom Won't Work
- Supplemental Material
- Related Research Documents
Brief: Leverage OpenStack To Fuel Your Cloud Strategy
January 6, 2016 | Frank Liu
Brief: Investment Strategies In Financial Services Prioritize Five Major Areas
January 6, 2015 | Jost Hoppermann
Market Overview: Off-The-Shelf Channel Banking Solutions Can Differentiate And Manage Costs
October 15, 2013 | Jost Hoppermann