There were estimated to be approximately *** million small and medium-sized enterprises (SMEs) worldwide in 2023. The number of SMEs dropped slightly in 2020 during the COVID-19 pandemic, but increased since.

The SME data warehouse is based on existing administrative data sources from Statistics Canada and Canada Revenue Agency. Data covers tax year 2001 to tax year 2006. The SME Data Warehouse contains a complete, up to date and unduplicated list of all businesses in Canada based on Statistics Canada's Business Register for tax years 2001-2006. This product currently produces data for Small and Medium Sized Enterprises (SMEs). SMEs are defined as enterprises with less than 250 employees and less than $50 million in total revenue.

There were estimated to be approximately *** million SMEs worldwide in 2023, an increase when compared to 2020 when there were *** million. When broken down by region, the continent with the most SMEs was ****.

Introduction

Small Business Statistics: Small businesses are often seen as the backbone of the economy, and rightly so. They bring fresh ideas to the market and create jobs for people who may not have opportunities in larger companies. From one-person businesses to significant job creators, small businesses are crucial to the economy.

However, with 82% failing because of cash flow problems and only 50% making it to the five-year mark, it’s clear that achieving success is not easy. Here are some Small Business Statistics that can help entrepreneurs understand the market better and position their products or services for success.

There were estimated to be approximately 26.1 million small and medium-sized enterprises (SMEs) in the European Union in 2024, with the vast majority of these enterprises micro-sized firms which only employed fewer than nine people. A further 1.38 million enterprises were small firms with between 10 and 49 employees, while 210,170 were medium-sized firms that had 50 to 249 employers. The contribution of SMEs to the European Economy Small and medium sized enterprises (SMEs) form the backbone of the European economy. These companies comprise around 99.8 percent of all active businesses in Europe, while producing almost 52 percent of total value added in the EU. These companies are not just economically important to the continent however, as they also form an important part of the cultural fabric of European communities, with SMEs being particularly important for rural regions and smaller towns.

Almost 90 million employed by SMEs In 2024 SME’s in the European Union employed almost 90 million people. In Europe’s biggest economy, Germany, SMEs employed 18.3 million people, with over 6.8 million people employed by small-sized enterprises alone.

In the second quarter of 2024, 61 percent of surveyed small business owners indicated that the health of their business was in good shape. A further 24 percent of respondents said the health of their business was about average. At the end of 2019, small businesses in "very good" health peaked at 43 percent. By the end of 2020, this number fell to 25 percent in the wake of the COVID-19 pandemic.

A comprehensive dataset covering small business statistics in 2025, including failure rates, growth data, average revenue, number of employees, and market insights.

Presents the number of enterprises (businesses) in the UK along with the turnover and employment in these enterprises. Source agency: Business, Innovation and Skills Designation: National Statistics Language: English Alternative title: SME Statistics

Indonesia Small, and Medium Enterprises (SME): Credits: Total data was reported at 1,005,522.000 IDR bn in May 2019. This records an increase from the previous number of 990,660.000 IDR bn for Apr 2019. Indonesia Small, and Medium Enterprises (SME): Credits: Total data is updated monthly, averaging 684,494.247 IDR bn from Jan 2011 (Median) to May 2019, with 101 observations. The data reached an all-time high of 1,005,522.000 IDR bn in May 2019 and a record low of 360,673.256 IDR bn in Jan 2011. Indonesia Small, and Medium Enterprises (SME): Credits: Total data remains active status in CEIC and is reported by Indonesia Financial Services Authority. The data is categorized under Global Database’s Indonesia – Table ID.KAD049: Small and Medium Enterprises: Credit.

Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_f9c93c1ffcefe660272c101cd733711c/view

According to Cognitive Market Research, the global SME Big Data market size is USD xx million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.60% from 2024 to 2031. North America held the major market share for more than 40% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.8% from 2024 to 2031. Europe accounted for a market share of over 30% of the global revenue with a market size of USD xx million. Asia Pacific held a market share of around 23% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.6% from 2024 to 2031. Latin America had a market share for more than 5% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031. Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031. The Software held the highest SME Big Data market revenue share in 2024. Market Dynamics of SME Big Data Market Key Drivers for SME Big Data Market Growing Recognition of Data-Driven Decision Making The growing recognition of data-driven decision making is a key driver in the SME Big Data market as businesses increasingly understand the value of leveraging data for strategic decisions. This shift enables SMEs to optimize operations, enhance customer experiences, and gain competitive advantages. Access to affordable big data technologies and analytics tools has democratized data usage, making it feasible for smaller enterprises to adopt these solutions. SMEs can now analyze market trends, customer behaviors, and operational inefficiencies, leading to more informed and agile business strategies. This recognition propels demand for big data solutions, as SMEs seek to harness data insights to improve outcomes, innovate, and stay competitive in a rapidly evolving business landscape. Growing Number of Affordable Big Data Solutions The growing number of affordable big data solutions is driving the SME Big Data market by lowering the entry barrier for smaller enterprises to adopt advanced analytics. Cost-effective technologies, particularly cloud-based services, allow SMEs to access powerful data analytics tools without substantial upfront investments in infrastructure. This affordability enables SMEs to harness big data to gain insights into customer behavior, streamline operations, and enhance decision-making processes. As a result, more SMEs are integrating big data into their business models, leading to improved efficiency, innovation, and competitiveness. The availability of scalable and flexible solutions tailored to SME needs further accelerates adoption, making big data analytics an accessible and valuable resource for small and medium-sized businesses aiming for growth and success. Restraint Factor for the SME Big Data Market High Initial Investment Cost to Limit the Sales High initial costs are a significant restraint on the SME Big Data market, as they can deter smaller businesses from adopting big data technologies. Implementing big data solutions often requires substantial investment in hardware, software, and skilled personnel, which can be prohibitively expensive for SMEs with limited budgets. These costs include purchasing or subscribing to analytics platforms, upgrading IT infrastructure, and hiring data scientists or analysts. The financial burden associated with these initial expenses can make SMEs hesitant to commit to big data projects, despite the potential long-term benefits. Consequently, high initial costs limit the accessibility of big data analytics for SMEs, slowing the market's overall growth and the widespread adoption of these transformative technologies among smaller enterprises. Impact of Covid-19 on the SME Big Data Market The COVID-19 pandemic significantly impacted the SME Big Data market, accelerating digital transformation as businesses sought to adapt to rapidly changing conditions. With disruptions in traditional operations and a shift towards remote work, SMEs increasingly turned to big data analytics to maintain efficiency, manage supply chains, and understand evolving customer behaviors. The pandemic underscored the importance of real-time data insights for agile decision-making, dr...

These small business statistics will tell you everything you need to know about the growth of business and where it’s going in the future.

The following small business statistics broken down by industry to help you understand the small business landscape better.

There were over *** thousand SMEs reported in Romania in 2023. Micro-sized enterprises that employ up to only **** people make up the majority of SMEs, with approximately *** thousand of them as of 2023. The value added by micro-sized enterprises totaled approximately **** billion euros in the same year.

According to a new study, women started 49% of new businesses in the United States in 2021. This is way up from 28% in 2019.

The Corporate and Non-Societal SME Statistics is based on the information on economic activities provided by businessmen and natural persons in their annual income tax returns and on the information relating to the accounting statements that corporate companies submit in their annual corporate tax returns.

Introduction

Small Business Ownership Statistics: Small businesses stand as the real backbone of the world economy. Even in 2024, they continue to be instrumental in job creation, innovation, and community development. From busy urban centres to remote rural districts, small businesses provide the edge of economic growth and stability.

This article covers some of the latest small business ownership statistics from across the globe, pointing out major trends, challenges, and opportunities.

In 2021, about **** million small business firms with employees were counted in the United States. That same year, there were around ** million non-employer small businesses.

Introduction

Small Business Statistics: To balance out every country's economy, small businesses are termed the backbone. Small businesses are types of corporations, partnerships, or sole proprietorships that are independently owned companies with fewer employees and lower revenue than large companies. Many small businesses are now utilising the internet and various digital tools to connect with customers, and many of them generate income by selling online.

This article includes several statistical analyses from different sources that will guide you in understanding the importance of small businesses' effectiveness in recent years.

Indonesia SME: Credits: Processing Industry data was reported at 100,313.000 IDR bn in May 2019. This records an increase from the previous number of 99,589.000 IDR bn for Apr 2019. Indonesia SME: Credits: Processing Industry data is updated monthly, averaging 71,059.658 IDR bn from Jan 2011 (Median) to May 2019, with 101 observations. The data reached an all-time high of 100,313.000 IDR bn in May 2019 and a record low of 41,420.805 IDR bn in Jan 2011. Indonesia SME: Credits: Processing Industry data remains active status in CEIC and is reported by Indonesia Financial Services Authority. The data is categorized under Global Database’s Indonesia – Table ID.KAD049: Small and Medium Enterprises: Credit.