Connected Enterprise Market Size, Share, Growth, Regional Analysis, Prominent Players and Forecast 2031

Report Ocean has released a market research report on the Connected Enterprise industry, covering 150+ countries and analyzing over 1,00000 published and forthcoming reports per year. The report, prepared by subject matter experts, researchers, and market research professionals, utilizes various methodologies and analytical approaches, including S.W.O.T. and P.E.S.T.E.L. analysis and regression analysis, to forecast market growth. It also examines the industry’s regulations and policies and potential future advancements.

The global connected enterprise market size was US$ 344.04 billion in 2021. The global connected enterprise market size is forecast to reach US$ 3286.6 billion by 2030, growing at a compound annual growth rate (CAGR) of 28.5% during the forecast period from 2022 to 2030.

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The goal of a connected enterprise is to connect equipment to all the company’s critical hubs in real-time, enabling predictive analytics and real-time insights. Connected enterprises give businesses a competitive advantage as they make their operations faster and offer more advanced services, ultimately attracting more customers. Additionally, it offers businesses the advantage of gaining more customers since customers tend to prefer more technologically advanced services at a relatively low price.

Factors Influencing Market Growth

  • Increasing interest in smart city programs has prompted energy & utility companies to embrace connected devices. As a result of such advances, countries are increasingly adopting smart metering technologies, which is driving the connected enterprise market. 
  • A lack of technological skills and the use of unreliable and improper devices may slow down the market’s growth. 
  • Companies are adopting more digital platforms, smartphones, are becoming more prevalent, and so forth. Furthermore, the growth of developments & initiatives towards digital technologies is forecast to provide a potential growth opportunity for the market. 

Impact Analysis of COVID-19

Automated solutions have pushed businesses to migrate to fully automated environments, which has fueled demand for connected enterprise solutions. Moreover, using automation solutions has led to businesses transitioning to a fully automated environment due to the positive results of their implementation. In turn, this became a major growth factor for the connected enterprise market during the global health crisis.

Regional Insights

North America held dominant in the market in 2021 and is forecast to continue its dominance during the forecast period. In the region, businesses are well aware of the value of connected enterprises, which provide access to crucial data in real-time, and the capability to manipulate it in an efficient manner. Further, the success of the connected enterprise model has led to its implementation and application in nearly all other industries in the region at some level in recent years.

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Leading Competitors

The leading prominent companies profiled in the global connected enterprises market are:

  • Accelerite
  • Bosch GmbH
  • Cisco Systems
  • GE Digital
  • Honeywell International Inc.
  • IBM
  • MindTree Ltd.
  • PTC
  • Rockwell Automation, Inc.
  • UiPath
  • Other Prominent Players

Report Include:

  • Market Behavior/ Level of Risk and Opportunity
  • End Industry Behavior/ Opportunity Assessment
  • Expected Industry Recovery Timeline

Scope of the Report

The global connected enterprise market segmentation focuses on Offering, Type, End-User, and Region.

Segmentation based on Offering

  • Solutions
  • Services
  • Professional Services
  • Managed Services

Segmentation based on Type

  • Manufacturing Execution System
  • Customer Experience Management
  • Enterprise Infrastructure Management
  • Asset Performance Management
  • Remote Monitoring System
  • Others

Segmentation based on End-User

  • Manufacturing
  • IT & Telecommunication
  • Retail & E-commerce
  • BFSI
  • Healthcare
  • Energy and Utility
  • Others

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Segmentation based on Region

  • North America
  • The U.S.
  • Canada
  • Mexico
  • Europe
  • Western Europe
  • The UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Western Europe
  • Eastern Europe
  • Poland
  • Russia
  • Rest of Eastern Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • ASEAN
  • Rest of Asia Pacific
  • Middle East & Africa (MEA)
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA
  • South America
  • Brazil
  • Argentina
  • Rest of South America

Table of Content:

  • Report Overview
  • Global Growth Trends
  • Competition Landscape by Key Players
  • Data Segments
  • North America Market Analysis
  • Europe Market Analysis
  • Asia-Pacific Market Analysis
  • Latin America Market Analysis
  • Middle East & Africa Market Analysis
  • Key Players Profiles Market Analysis
  • Analysts Viewpoints/Conclusions
  • Appendix

What our reviews offer:

  • Market share assessments for the regional and country-level segments
  • Strategic hints for the new entrants
  • Covers market facts for 2023, until 2031
  • Market tendencies (drivers, opportunities, threats, challenges, funding opportunities, and recommendations)
  • Strategic pointers in key enterprise segments based totally on the market estimations
  • Competitive landscaping mapping the key frequent trends
  • Company profiling with specified strategies, financials, and current developments
  • Supply chain tendencies mapping the modern day technological advancements

Connected Enterprise Market Research Report Scenario includes:

>The report provides qualitative and quantitative trends of global Connected Enterprise Market across type, type of products, service, and geography.

>The report starts with the key takeaways, highlighting the key trends and outlook of the global Connected Enterprise Market.

>Provides the research methodology of the study.

>Further provides PEST analysis for each region.

>Highlights the key industry dynamics in the Connected Enterprise Market, including factors that are driving the market, prevailing deterrent, potential opportunities as well as future trends. Impact analysis of these drivers and restraints is also covered in this section.

>Discusses the global Connected Enterprise Market scenario, in terms of historical market revenues, and forecast till the year 2031.

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