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SMB IT spending market to reach $1.11 trillion by 2030

Oct. 23, 2026
By AI, Created 00:15 UTC, Oct 23, 2026, AGP -

The Business Research Company says SMB information technology spending will rise from $734.13 billion in 2025 to $799.44 billion in 2026, then climb to $1.11 trillion by 2030. Cloud adoption, managed services and cybersecurity spending are among the main drivers as North America leads and Asia-Pacific grows fastest.

Why it matters: - SMBs are continuing to shift more budget into IT products and services as digital tools become central to daily operations. - The market’s expansion points to stronger demand for cloud, cybersecurity, support services and infrastructure upgrades across small and medium-sized enterprises.

What happened: - The Business Research Company released an SMB information technology spending market report with 2026 size, growth and regional forecasts. - The report pegs the market at $734.13 billion in 2025 and $799.44 billion in 2026. - The report forecasts the market will reach $1,106.71 billion by 2030. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The report adds new 2026 features including market attractiveness scoring, TAM analysis, company scoring matrices, Excel-based forecasting dashboards, market hotspots infographics, and updated graphics and tables. - The report is available as a sample here and as the full report here.

The details: - The 2025-to-2026 increase implies 8.9% growth. - The report forecasts 8.5% CAGR through 2030. - The report says recent growth reflects demand for dependable IT infrastructure, enterprise software, stronger cybersecurity, digital communication tools, and IT support and maintenance. - The report says future growth will come from scalable IT infrastructure, cost-effective technology investment, flexible cloud adoption, integrated IT solutions, business continuity and technological resilience. - The report identifies cloud-based IT spending, managed IT services, adaptable IT expenditure models, infrastructure upgrades and outsourced IT support as emerging trends. - SMB information technology spending includes hardware, software, cloud solutions, networking, cybersecurity, data management and IT support services. - The report says these investments support productivity, communication, operational efficiency and business continuity. - In 2025, North America held the largest share of the market. - The report projects Asia-Pacific will be the fastest-growing region during the forecast period. - Eurostat reported that in June 2026 the share of EU enterprises using paid cloud computing services rose by 7.42 percentage points from 2023.

Between the lines: - The report’s numbers suggest SMBs are moving from one-time infrastructure purchases toward recurring, subscription-based technology spending. - Cloud adoption is reshaping IT budgeting by reducing upfront capital costs and making spending more flexible. - The regional split suggests mature markets still dominate current spending, while faster digitization in Asia-Pacific is likely to drive the next phase of growth.

What's next: - The market is expected to keep expanding as SMBs look for lower-cost, scalable and resilient IT setups. - Continued cloud migration and outsourced IT support are likely to remain key spending categories through 2030. - The Business Research Company is promoting the new report edition and associated forecasting tools to buyers and analysts.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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