Global IT Spending by SMBs CAGR Growth of 5.91% by 2020 - Trends, Technologies & Opportunities Report 2016-2020 - Key Vendors: Systems, Dell, Microsoft

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Mar 23, 2016, 09:00 ET

DUBLIN, March 23, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/x77f5v/global_it) has announced the addition of the "Global IT Spending by SMBs 2016-2020" report to their offering.

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This comprehensive report forecasts the Global IT spending by SMBs to grow at a CAGR of 5.91% during the 2016-2020 period.

Commenting on the report, an analyst from the research team said: Organizations are adopting cloud-based solutions to reduce operational costs and increase efficiency. The pay-per-use model offers low upfront costs, and so the use of cloud technologies is high among SMBs. Consumer Internet services such as Dropbox and Google Drive, both cloud-based storage solutions, are trending rapidly.

According to the report, IT budget constraints in SMBs have slowed down the adoption of hardware, software, and IT services solutions. Top executives of companies are always under pressure to shrink IT costs and leverage limited resources. Therefore, to cut costs, SMBs deploy low-cost IT solutions, such as cloud computing, that are flexible, scalable, and reliable.

Questions Answered:

What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

Companies Mentioned:

Cisco
Systems
Dell
HP
IBM
Amdocs
Fujitsu
Lenovo
Microsoft
Oracle
SAP
TCS
Toshiba

Report Structure:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by IT solution

PART 07: Market segmentation by end-user

PART 08: Geographical segmentation

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

PART 15: Key vendor analysis

PART 16: Appendix

PART 17: About the Author

For more information visit http://www.researchandmarkets.com/research/x77f5v/global_it

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SOURCE Research and Markets