SMB Overall Cloud Spending to top $95B

Small Businesses Cloud Spending to Top $95 Billion by 2015

In the United States, the SMB cloud market is now $18.9 billion and is forecast to grow at a 19 percent CAGR through 2015.

The 2012 cloud services market has grown to $45 billion as at least 6 million small and midsize businesses (SMBs) entered the cloud market for the first time last year, and the global market will continue to grow at 28 percent compound annual growth rate (CAGR) through 2015 to a forecast of $95 billion, according to hosting and cloud services enablement specialist Parallels’ SMB Cloud Insights report.

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