Gartner Research

Forecast Analysis: Small-and-Midsize-Business IT Spending, Worldwide

Published: 05 June 2019

ID: G00386941

Analyst(s): Vanitha Dsilva , Monica Zlotogorski , Kiyomi Yamada , Neha Gupta , Colleen Graham , Mikako Kitagawa


Small-and-midsize-business IT spending will reach $1.4 trillion in constant currency by 2023 with a 4% CAGR over the next five years. Digital transformation will drive SMB IT spending, especially in the external IT service and software segments.

Table Of Contents
  • Forecast Assumptions
  • Market Impacts
  • Notable Changes

Forecast Data Summary

Forecast Model Summary

Influencing Factors and Assumptions

  • Influencing Factor: Digital Transformation
    • Forecast Assumption
  • Influencing Factor: Macroeconomy and Emerging Technology Adoption
    • Forecast Assumption
  • Influencing Factor: Government Regulation, Taxation and Trade Policy
    • Forecast Assumption
  • Influencing Factor: Business Life Cycle
    • Forecast Assumption

Gartner Recommended Reading

©2021 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Purchase this Document

To purchase this document, you will need to register or sign in above

Become a client

Learn how to access this content as a Gartner client.