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Home Office Growth Soars as Economy Improves

Buoyed by the improving U.S. economy, the home office market will add nearly 2 million home-based businesses between 2011 and 2025, according to a new survey. Corporate home office households will also balloon by more than 3 million during the same period.

This and the shifting landscape of home office households will also change the type of technologies these households depend on, according to a new IDC Study. The study forecasts the number of different types of home office households along with ownership of desktop and notebook PCs, multifunctional printers (MFP), local area networks (LAN), wireless LANs and mobile phones.

Though legacy PCs will continue to be the primary tool used by home workers, portable form factors such as notebooks, netbooks and tablet computers will account for the majority of total annual shipments to this market. The number of notebook-owning home office households will increase by 5 percent annually — the highest growth rate of any home office technology category, IDC said.

As home office household preference for MFPs continues to grow, use of single-function printers will dwindle rapidly. By the end of 2015, nearly three-quarters of networked home office households will be wireless-enabled and smartphones will be indispensable home office must-haves.

Though more workers will be coming home to roost, their days won’t be any shorter, IDC says. The need to be more productive is translating into extended workdays for professionals, and the number of home office households used by corporate employees to work outside of normal business hours will surpass 27 million at the end of 2015.

“Home office households continue to spend more on advanced technology than households in general,” said Justin Jaffe, an IDC research analyst. “With economic conditions continuing to improve, these households will continue to lead the way for technology adoption across a variety of categories from notebook computers and wireless networks to mobile phones.”

Reach BusinessNewsDaily senior writer Ned Smith at nsmith@techmedianetwork.com. Follow him on Twitter @nedbsmith.

Ned Smith
Ned Smith

Ned was senior writer at Sweeney Vesty, an international consulting firm, and was Vice President of communications for iQuest Analytics. Before that, he has been a web editor and managed the Internet and intranet sites for Citizens Communications. He began his journalism career as a police reporter with the Roanoke (Va.) Times, and was managing editor of American Way magazine and senior editor of Us. He was a Captain in the U.S. Air Force and has a masters in journalism from the University of Arizona.