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IDC FutureScape: Worldwide SMB 2019 Predictions

Published by IDC Product code 345082
Published Content info 15 Pages
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IDC FutureScape: Worldwide SMB 2019 Predictions
Published: October 31, 2018 Content info: 15 Pages
Description

This IDC study provides the top 10 predictions and underlying drivers that we expect to impact SMBs in 2019 and beyond."Effective senior executives, business unit heads, and IT managers in small and midsize businesses worldwide will be looking to harness a wide range of technology to support positive business outcomes in challenging times. While SMBs will always seek the near-term benefits of new technology, the most successful will also invest at the same time to support a long-term vision in keeping with digital transformation." - Raymond Boggs, vice president, Small and Medium Business research at IDC

Table of Contents
Product Code: US43439619

IDC FutureScape Figure

Executive Summary

IDC FutureScape Predictions

  • Summary of External Drivers
  • Predictions: Impact on Technology Buyers
    • Prediction 1: SMB IT Spending Worldwide Will Expand 4.6% in 2019 to Total Almost $630 Billion
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 2: By 2021, the Integration of On-Premises and Cloud Resources Will Be a Top IT Spending Priority for Half of SMBs - in Both Developed and Developing Countries
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 3: By 2021, 60% of SMBs Worldwide Will Use Alternative Channels for Technology Procurement, Including Various Service Providers and Self-Service Sources
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 4: Innovation Accelerators Will Have Transformed Business and Production Processes in Half of SMBs in Key Verticals by 2022, Such as Robotics in Manufacturing and AI in Several Industries
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 5: By 2023, Half of SMBs Will Respond to the Changing Nature of the Work, Leveraging New Talent and Sourcing Models
      • Associated Drivers:
      • IT Impact
      • Guidance
    • Prediction 6: Half of Medium-Sized Businesses in Developed Countries Will Have Business Analytics in Place by the End of 2019, with Adoption Increasing Across All Regions
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 7: The Internet of Things Will Be Used by a Third of SMBs in Key Industries by 2021 to Collect and Evaluate Real-Time External and Internal Data
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 8: Two-Thirds of SMBs Will Have Digital Transformation as a Key Part of Their IT Strategies by the End of 2023
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 9: By the End of 2019, the Majority of Medium-Sized Businesses in Developed Countries Will Have Implemented Cognitive/AI Software
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 10: By the End of 2021, 60% of SMBs Worldwide Will Have Formal or Informal Mobile Worker Support in Place
      • Associated Drivers
      • IT Impact
      • Guidance

Advice for Technology Buyers

External Drivers: Detail

  • Next Chapter of DX: Technology-Driven Transformation Altering Business and Society
  • Sense, Compute, Actuate: Turning Data into Value
  • Emerging Autonomy: Learning to Live With AI
  • Rising Customer Expectations: More Convenience, Customization, and Control
  • Reimagining the Material World: Revolutionized Processes Expand Technology Reach
  • The Future of Work: Bridging the Digital Talent Gap
  • Legacy Inertia: Retrofit the Old into the DX World

Learn More

  • Related Research
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