Study Finds Mobile Technologies Save Small Businesses $67.5 Billion Per Year

Date: May 19, 2014

Survey Also Finds Significant Productivity Increases

The 2014 edition of the AT&T/Small Business
& Entrepreneurship Council finds that mobile technologies are increasingly
providing significant benefits for small businesses. The survey estimates that
small businesses save about $67.5 billion per year by employing smartphones,
tablets and mobile apps.  The survey also found significant time savings for small
businesses employing mobile technologies. Business owners reported saving 1.24
billion hours by using smartphones, 754.2 million hours by using tablets, and
599.5 million hours by using mobile apps. In addition, The NFIB Research Foundation’s 2012 survey shows about 62 percent of small business owners use smartphones.

What This Means For Small Business:

biggest reported savings was in time, which survey respondents said was plowed
back into the business rather than used to create more rest and relaxation.
Survey respondents also reported that mobile technology greatly enhances the
ability to work remotely, offering new options to small businesses.

Further Reading:

The Bloomberg

reports on the survey.

Subscribe For Free News And Tips

Enter your email to get FREE small business insights. Learn more

Get to know NFIB

NFIB is America's leading small business association, promoting and protecting the right of our members to own, operate, and grow their business

Find out more about
NFIB Membership

Or call us today



State Issues

Choose Your State


YEF Foundation Research Center Legal Foundation

Member Benefits