SMBs are expected to spend some $444 billion globally on IT products and services this year, or a growth rate of 5.2 percent from last year, says a new report from market research company Techaisle. In fact, growth would have been even higher if not for concerns over the possibility of a double-dip recession. The study, which will be available for pay-per-download in September, also noted that small and mid-sized businesses are considered by IT vendors to be areas with growth potential.
Some other interesting nuggets of information: The study found that the biggest spenders are expected to be companies with between 100 and 249 employees, which are projected to hit a combined spending of $100 billion. In addition, the majority of spending on computing hardware (56 percent) will come from emerging markets, or a more modest 34 percent globally. This is being attributed to heavier adoption of computers in developed economies.
Based on the findings by Techaisle, it is clear that IT vendors are waking up to the immense potential of SMBs, be it within emerging markets or in developed countries. As a result, many vendors are developing hardware appliances specifically for this niche.
I have listed some of this SMB-specific hardware that I've mentioned over the past two months here:
I find it an exciting time for small and mid-sized business. Once forced to choose between consumer-level equipment that does not perform adequately in a business environment, or enterprise-level gear that is overpriced for their purpose, SMBs now find themselves presented with an increasing array of hardware designed and priced with them in mind.
I don't make it a point to do product reviews - in fact, I do very few of them here. When I do see appliances that are perfectly suited to address the unique challenges of an SMB, however, I'll be sure to at least make a mention. I have a couple of them lined up for the next couple of weeks, so stay tuned.