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Forecast: Small and Midsize Business IT Spending, Worldwide, 2018-2024, 4Q20 Update


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Summary

IT spending by small and midsize businesses will recover in 2021 with 4.7% growth after the spending was contracted by 5.2% in 2020. 2021 recovery will be slower than the large enterprise since the SMB market is more vulnerable in the economic uncertainties.

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