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Technavio Publishes New Industry Analysis on the SMB IT Market in BRIC Countries 2015-2019Technavio has published a new report on the SMB IT market in BRIC, which is expected to grow at a CAGR of almost 11% from 2015-2019. About the Report The new Technavio report draws attention towards emerging economies in Brazil, Russia, India and China, and their acceptance that SMBs play a vital role in economic and social development, as small enterprises have higher growth and employment potential than large enterprises and government sectors. "The government of India is promoting project Baadal, a cloud computing platform for SMBs to improve efficiency and competitiveness," says Faisal Ghaus, Vice President of Technavio. The latest report by Technavio also emphasizes the revenue generation of IT providers, which comes mostly from customers who have made huge investments in IT infrastructure and are moving into newer technologies like mobility and analytics. "Upper SMBs are ready to invest in an upgrade of their existing IT hardware and software and are willing to invest in packaged software offerings," adds Ghaus. Market Scope and Calculation of Market Size The new Technavio report covers the present scenario and growth prospects of the SB IT market in BRIC from 2015-2019. To calculate the market size, this report uses revenue generated from the sales of hardware, software, and services from the BRIC countries. Key Information Covered in the Report:
Technavio currently has more than 3000 market research reports on a huge range of topics, including 200+ reports on the SMB IT market:
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View source version on businesswire.com: http://www.businesswire.com/news/home/20150703005009/en/ |
