Gartner Research

Forecast: Small- and Midsize-Business IT Spending, Worldwide, 2017-2023, 2Q19 Update

Published: 07 August 2019

ID: G00386942

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

Summary

Small- and midsize-business IT spending will show consistent growth with a five-year CAGR of 4.2% (constant currency). Software spending will show the fastest growth, followed by IT service spending, reflected by SMB’s ongoing digital-first approach.

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