China Small & Medium Business (SMB)
China Small & Medium Business (SMB) Reports: Our 2024 China report include trends, statistics, opportunities, sales data, market share, segmentation projections on the Small & Medium Business (SMB) market. page 1
China: software-as-a-service market size 2023
As of 2023, the size of the software-as-a-service (SaaS) market in China amounted to over 58 billion yuan. The market realized significant growth recently, reaching a year-on-year growth in 2023...
2022 Worldwide SMB Market Profile Update
IDC's Worldwide SMB survey tracks key trends in the global Small and Medium Business Market, examining technology sentiments, priorities, challenges and more. This survey provides a U.S. overview of the current state of the total SMB market as well as small (1-99 employees) and medium-sized businesses (100-999 employees).
The evolution of SMBs in Asia Pacific
In India and Indonesia, 63% find that small brands are usually cheaper or more cost-efficient, while in China 69% of consumers agree. What's next for SMBs? Market and consumer indicators show signs of an indisputable fact: the future belongs to SMBs.
China: number of small to medium-sized enterprises
Each year, there are about five million SMEs more in China, representing at least a ten percent year-over-year growth rate. Since the economic reformation in China, SMEs have become one of the...
China's SMEs report improved performance in 2023
The Small and Medium Enterprises Development Index, based on a survey of 3,000 SMEs from eight major industries, came in at 89.2 in 2023, higher than 88.4 in 2022, the China Association of Small and Medium Enterprises said in a report.
Software as a Service
The Software as a Service market in China is projected to grow by 21.39% (2024-2029) resulting in a market volume of US$37.98bn in 2029.
2023 Worldwide SMB Market Profile Update
This IDC Survey, fielded in February 2023, provides a global overview of the current state of small (1-99 employees) and medium-sized businesses (100-999 employees).
2020 Asia Pacific SMB Digital Maturity Study
In 2019, SMBs contributed 52%, or US$15.2 trillion, to the Asia Pacific GDP. Further digital transformation of SMBs could increase Asia Pacific's GDP growth by an additional US$2.6 to 3.1 trillion, or up to 7.4% of additional GDP, by 2024.
Trends and Growth of SMEs in China
With small and medium enterprises making up 97% of all enterprises in China, the government and business leaders understand the importance of their role in the market. Here we take a look at how SMEs are defined in China, how they are supported, the current trends they are experiencing and how much growth they have seen over the past few years.