Over the past few quarters, small and medium enterprise (SME) IT spending has stabilized in a neutral state, with the proportion of organizations increasing spending matching those decreasing or not spending at all. However, it seems that IT spending plans for Q3 2024 are back to negative. In our Macroeconomic Outlook, SME Tech Trends, Corporate Devices & Connectivity 2024 survey, we look at the factors driving IT spending, categories SMEs are most likely to spend on and chief IT focus areas for the businesses.
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