Archive for the ‘SMB Market’ Category

How big is the SMB segment

November 9, 2006

Working in a SMB comapny I always used to wonder what the size of the SMB segment was. Google gave me this link. The pyramid in this link should say it all. SMB segment is really big.

To quote a recent figure from marketresearch

To give an idea of the scale of the sector, there are 19 million SMBs in the EU and in most of the member states they make up more than 99% of enterprises. SMBs generate a substantial share of European GDP and are a key source of new jobs and business ideas.

Obviously there is a lot of buzz in this segment and so are the challenges.