This statistic shows the IT services spending of small and medium sized businesses on business applications, collaboration tools, cyber security and remotely managed IT services, split by on-premises and cloud-based solutions. According to the source, spending on cloud-based solutions is forecast to grow strongly up to 2023, when the market is projected to reach 252 billion U.S. dollars. Spending for on-premises IT services on the other hand is expected to stay almost flat over the next five years.
Small and medium business spending on business applications, collaboration tools, cyber security, and remotely managed IT services worldwide in 2019 and 2023
(in billion U.S. dollars)
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Analysys Mason. (May 29, 2020). Small and medium business spending on business applications, collaboration tools, cyber security, and remotely managed IT services worldwide in 2019 and 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1125086/smb-spending-on-business-applications/
Analysys Mason. "Small and medium business spending on business applications, collaboration tools, cyber security, and remotely managed IT services worldwide in 2019 and 2023 (in billion U.S. dollars)." Chart. May 29, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1125086/smb-spending-on-business-applications/
Analysys Mason. (2020). Small and medium business spending on business applications, collaboration tools, cyber security, and remotely managed IT services worldwide in 2019 and 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1125086/smb-spending-on-business-applications/
Analysys Mason. "Small and Medium Business Spending on Business Applications, Collaboration Tools, Cyber Security, and Remotely Managed It Services Worldwide in 2019 and 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 29 May 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1125086/smb-spending-on-business-applications/
Analysys Mason, Small and medium business spending on business applications, collaboration tools, cyber security, and remotely managed IT services worldwide in 2019 and 2023 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1125086/smb-spending-on-business-applications/ (last visited November 10, 2024)
Small and medium business spending on business applications, collaboration tools, cyber security, and remotely managed IT services worldwide in 2019 and 2023 (in billion U.S. dollars) [Graph], Analysys Mason, May 29, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1125086/smb-spending-on-business-applications/