Commenting on the report, an analyst from TechNavio’s IT Services team said: “In the current scenario, small and medium-sized enterprises (SMEs) worldwide are progressively adopting IT in order to sustain growth and avoid being acquired by large corporations or competitors. Stable demand for IT from SMEs has been experienced globally. There has been increased investment in IT services by SMEs, which have been increasing their spending on their IT support and service infrastructure. With SMEs representing a growth opportunity, major IT firms such as HP and IBM are leveraging their capabilities in the SME segment. In the current scenario, the IT firms are keen to grab the business opportunities arising from SMEs. According to the global firm SAP, SMEs is the fastest-growing segment for its Mexico subsidiary, and for Dell, a substantial amount of its Latin American revenue is generated from SMEs. Hence, with increased adoption of support services by SMEs, the market is expected to experience sustained growth during the forecast period.”
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.technavio.com/
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our IT Services market research, please visit http://www.technavio.com/
Key questions answered in this report:
What will the market size be in 2016 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?