Sunday, August 10, 2008

SMBs must capitalize on the Internet’s explosive growth

Professional Internet services enable SMBs (SMB = Small andMedium Sized Business )and mid-market enterprises to capitalize on online marketing, advertising and e-commerce sales tool benefits, resulting in greater return on investment for their marketing strategies and increased leads and revenue.

Yet most SMBs lack the time, technical expertise and Internet marketing skills to establish and maintain a professional Web presence on their own. The SMB sector represents a $154 billion market opportunity for professional Internet services in 2007, a 17 percent increase over 2006, according to Yankee Group (USA Market)

Web-hosting market revenue will rise from $4.4 billion in 2005 to $5.4 billion by 2010.
The web-based services market will grow from $2.9 billion in 2005 to $4.1 billion in 2010.
Online marketing and advertising spending will grow from $1.3 billion in 2005 to $9.3billion in 2010.

1 comment:

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