Smaller companies are investing accordingly. A recent report from AMI-Partners projects that small and medium businesses worldwide will spend $868 billion on IT and telecommunications technology in 2004. IT products and services are expected to drive approximately $528 billion of this figure, up 13% from the $467 billion spent last year. Telecommunications products and services, including VoIP services and on-premises equipment such as PBXs, will drive approximately $340 billion of the 2004 spending.
Shipments to SMBs in India will grow from 2.1 million units to 4.9 million during the same period, while shipments to Russian SMBs are expected to grow 20% annually from 1.7 million units in 2004 to 4.2 million in 2008. Strong growth in businesses adopting networking products for the first time is fueling growth in routing, switching, and wireless LAN gear, with annual spending growth rates in these categories topping 30%, and expected to grow to more than $3 billion by 2008.
Wireless Continues Gains In Latin America
Carriers extend telecommunications services to more rural areas and offer advanced services to consumers and businesses in metropolitan areas.
Indian Budget Boosts Telecom, Computer Industries
The finance ministry has announced higher ceilings for foreign direct investment in India's telecommunications companies and removed excise duties on computers.
Argentina To Launch First WiMAX Network In Latin America
Millicom Argentina has teamed up with Alvarion and Intel to launch what is being touted as the first WiMAX network in Latin America.
Discover the benefits of scalable backbone and network services for application and cloud providers.
Network automation is gaining momentum. Here's how you can drive this powerful technology to its full potential.
Subsea cable alternatives can provide a level of comfort for those concerned about disruptions. Realistically, they will continue to play a small, but critical role in the short term.
