It Market for Small and Medium-Sized Businesses in Bric 2015-2019

Bharat Book Bureau provides the report, on “IT Market for Small and Medium-Sized Businesses in BRIC 2015-2019”. The report analysts forecast the SMB IT market in BRIC to grow at a CAGR of 10.89% over the period 2014-2019. https://www.bharatbook.com/information-technology-market-research-reports-216500/it-small-medium-sized-bric.html

July 6th 2015- Mumbai, India: Bharatbook.com announces a report on “IT Market for Small and Medium-Sized Businesses in BRIC 2015-2019”. The report covers the present scenario and the growth prospects of the SMB IT market in BRIC for the period 2015-2019.

About SMB IT Spending in BRIC

BRIC countries contributed approximately 38% of the global SMB IT spending in 2014 (https://www.bharatbook.com/information-technology-market-research-reports-216500/it-small-medium-sized-bric.html). This report predicts that, in BRIC, SMB IT spending will cross $186 billion by 2019 from $111 billion in 2015. Over the past five years, IT spending priorities of SMBs have been redefined because of the growing awareness of the impact of IT on businesses, both top line and bottom line. Therefore, there has been growing focus on server and storage virtualization technologies, mobility, Big data/analytics, business intelligence, cloud computing, next-generation workspace, and collaboration technologies from SMBs. However, some of the challenges faced by SMBs are IT budget, lack of leadership initiative in implementing IT changes, lack of IT knowledge to determine the ROI of IT investment in the business, and lack of skilled workforce.

The report analysts forecast the SMB IT market in BRIC to grow at a CAGR of 10.89% over the period 2014-2019.

Covered in this Report

The report covers the present scenario and the growth prospects of the SMB IT market in BRIC for the period 2015-2019. The market can be categorized into three segments: hardware, software and services.

This report, SMB IT Market in BRIC 2015-2019, has been prepared based on an in-depth market...