US home-based businesses to spend $52 bln on IT and telecom

According to AMI-Partners spending on IT and telecom products and services by US home-based businesses (HBBs) is expected to reach approximately $52 bln. The approximately 15 mln PC-owning US HBBs are expected to drive $32.7 bln in IT spending during 2007 with a projected increase to around $35 bln in 2008 and $19 bln in telecom-related spending in 2007 which is forecasted to increase to $19.5 during 2008. With median HBB annual revenues equaling $62,000, HBB revenues are 30% more affluent than the median US household income of $48,200.