The global recession might be taking a bigger toll on small businesses than initially thought, suggests a new report by research firm IDC.
According to IDC's data, worldwide SMB spending on information technology will only go up by a lethargic 5.5 percent from now until 2014, far lower than what was previously forecast.
"The downturn had a devastating impact on SMBs worldwide," said Ray Boggs, vice president of small and medium business and home office research at IDC. "Moving forward, small businesses will not follow the past pattern and return to prerecession's spending levels more quickly than midsize firms. Instead, SMBs of all sizes will remain cautious with their IT spending over the next several years."
IDC says spending declines weren't focused on one particularly category, but affected various segments of hardware, software, and services. Going forward, IDC expects SMB spending on PCs and peripherals to grow the most, while systems and storage will see the least amount of growth.
Image Credit: watblog.com
Comments are closed on this article
Print
