SOHO Businesses Spending to Surpass $17 Billion in 2015, Per In-Stat

Posted by at 7:11 am on August 8, 2011

The developments in office and communication technology have helped to foster what has been a significant rise in telecommuters. Recent economic conditions have helped to create, in many cases out of necessity, a large self-employed, home-based labor force. The combination of the two has been instrumental in the growth of the SOHO (single office/home office) work environment. That expansion in turn has led In-Stat ) to forecast that SOHO business spending will surpass $17 billion in 2015.

“The overall spending trend in SOHO spending will see a 20% increase over the next five years,” says Greg Potter, Analyst. “There will be pockets of spending in products and segments that are more significant than others. For example, healthcare and social services, construction, and retail trade market segments will experience the largest overall gains over the forecast period, each increasing their overall spend by $240 million, while cloud computing, as a product category, continues to experience the largest percentage of growth.

Additional Data

  • Software as a service (SaaS) spending will increase to almost $800 million in 2015
  • The professional services vertical segment will spend 2.5 billion in 2013.
  • Wireless data spending will increase 45% from 2010-2015.
  • Cloud computing continues to experience the largest growth in terms of percentage, growing roughly 150%

The In-Stat research, SOHO Markets for Telecom Services: Wireline Voice, Wireline Data, Wireless, Cloud Computing, and VoIP in 20 Verticals (#IN1105070SBA) provides forecasts of US business telecom spending for the 2010-2015 period with detailed segmentation by product category, size of business, corporate liable spending, individual liable spending, and vertical market.

Details

  • Wireless data (access and other, messaging), wireless handsets, and wireless voice services
  • Local services, domestic long distance, international long distance, toll-free services, other services
  • Application-based VoIP, broadband IP telephony, hosted IP PBX, premises-based IP PBX, TDM centrex, TDM PBX, and traditional TDM
  • Public cloud services: IaaS, PaaS, SaaS; co-located services, and dedicated server services
  • ATM, Ethernet, frame relay, cable, DSL, IP VPN, MPLS, T1/T3, other services

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