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

    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 (http://www.in-stat.com) to forecast that SOHO business spending will surpass $17 billion in 2015

    Scottsdale, AZ (PRWEB) August 08, 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 (http://www.in-stat.com) 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 includes:


    •     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 http://www.in-stat.com/catalog/ecatalogue.asp?id=299 - IN1105027VSMSE(#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.

    Detail is included for:

    •     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

    Forecasts are also broken down further into the following 20 vertical markets:


    •     Administrative and support services, waste management
    •     Arts and entertainment
    •     Construction
    •     Education
    •     Finance and insurance
    •     Forestry, fishing, and agricultural services
    •     Government
    •     Healthcare and social services
    •     Hospitality and food
    •     Information and communication
    •     Management of companies and enterprises
    •     Manufacturing
    •     Mining
    •     Other services
    •     Professional services
    •     Real estate
    •     Retail trade
    •     Transportation
    •     Utilities
    •     Wholesale trade

    This research is part of In-Stat’s Size of Business Analytics 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.

    About In-Stat

    In-Stat’s market intelligence combines technical, market and end-user research and database models to analyze the Mobile Internet and Digital Entertainment ecosystems. Our insights are derived from a deep understanding of technology impacts, nearly 30 years of history in research and consulting, and direct relationships with leading players in each of our core markets. In-Stat provides its research through reports, annual subscriptions, consulting and advisory services to inform critical decisions. Technology vendors, equipment manufacturers, service providers and media companies worldwide rely on In-Stat to support critical business, product and technology decisions.

    About The NPD Group, Inc.

    The NPD Group is the leading provider of reliable and comprehensive consumer and retail information for a wide range of industries. Today, more than 1,800 manufacturers, retailers, and service companies rely on NPD to help them drive critical business decisions at the global, national, and local market levels. NPD helps our clients to identify new business opportunities and guide product development, marketing, sales, merchandising, and other functions. Information is available for the following industry sectors: automotive, beauty, commercial technology, consumer technology, entertainment, fashion, food and beverage, foodservice, home, office supplies, software, sports, toys, and wireless. For more information, contact us or visit http://www.npd.com and http://www.npdgroupblog.com. Follow us on Twitter at @npdtech and @npdgroup.

    ###

    Rick Vogelei, Marketing Manager
    In-Stat
    (480) 483-4476
    Email Information


     

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