SMB IT Market in BRIC to Grow at a CAGR of 10.89% over the Period 2014-2019
BRIC countries contributed approximately 38% of the global SMB IT spending in 2014. Technavio predicts that, in BRIC, SMB IT spending will cross $186 billion by 2019 from $111 billion in 2015. Over the past five years, IT spending priorities of SMBs have been redefined because of the growing awareness of the impact of IT on businesses, both top line and bottom line. Therefore, there has been growing focus on server and storage virtualization technologies, mobility, Big data/analytics, business intelligence,...
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