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Top technology group growth areas in terms of SMB IT expenditure 2016-2021

Growth of top expenditure areas for small-to-medium-sized businesses (SMBs) worldwide between 2016 and 2021

by Statista Research Department, last edited Oct 26, 2018
Top technology group growth areas in terms of SMB IT expenditure 2016-2021 This statistic shows the estimated constant annual growth rate of small-to-medium-sized business (SMB) spending worldwide, between 2016 and 2021, by technology area. Over the forecast period, SMB expenditure on business services is expected to grow at an average rate of 7.1 percent per years. Hardware expenditure will grow the least, at a rate of 1.8 percent per year, perhaps due to the shift towards cloud services and infrastructure.
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Growth of top expenditure areas for small-to-medium-sized businesses (SMBs) worldwide between 2016 and 2021

Five-year constant annual growth rate
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Five-year constant annual growth rate
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by Statista Research Department, last edited Oct 26, 2018
This statistic shows the estimated constant annual growth rate of small-to-medium-sized business (SMB) spending worldwide, between 2016 and 2021, by technology area. Over the forecast period, SMB expenditure on business services is expected to grow at an average rate of 7.1 percent per years. Hardware expenditure will grow the least, at a rate of 1.8 percent per year, perhaps due to the shift towards cloud services and infrastructure.
Show more
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