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SMB IT spending in

By Lawrence Walsh  |  Posted 2007-11-02 Print this article Print

Companies with under 1,000 employees spent nearly $200 billion on IT goods and services in 2007, and are rapidly adopting technology previously reserved for enterprises to grow their businesses.


SMB IT spending in 2007

Small and midsized businesses spent nearly $195 billion on IT goods and services in 2007. The following is a breakdown of their spending:

IT services$72 billion
Computing$51 billion
Internet $27 billion
Software$24 billion
Storage $11 billion
Security$7 billion
Networking $3 billion
Total$195 billion

Small and mid-size companies spent an average of $78,400 in 2007 on IT goods and services, and plan to spend upward of $81,400 in 2008.

NEXT: Key IT Business Challenges

Lawrence Walsh Lawrence Walsh is editor of Baseline magazine, overseeing print and online editorial content and the strategic direction of the publication. He is also a regular columnist for Ziff Davis EnterpriseÔÇÖs Channel Insider. Mr. Walsh is well versed in IT technology and issues, and he is an expert in IT security technologies and policies, managed services, business intelligence software and IT reseller channels. An award-winning journalist, Mr. Walsh has served as editor of CMP TechnologyÔÇÖs VARBusiness and GovernmentVAR magazines, and TechTargetÔÇÖs Information Security magazine. He has written hundreds of articles, analyses and commentaries on the development of reseller businesses, the IT marketplace and managed services, as well as information security policy, strategy and technology. Prior to his magazine career, Mr. Walsh was a newspaper editor and reporter, having held editorial positions at the Boston Globe, MetroWest Daily News, Brockton Enterprise and Community Newspaper Company.
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