Connected Enterprise Market – Industry Trends and Forecast to 2028
The Connected Enterprise Market sector is undergoing rapid transformation, with significant growth and innovations expected by 2028. In-depth market research offers a thorough analysis of market size, share, and emerging trends, providing essential insights into its expansion potential. The report explores market segmentation and definitions, emphasizing key components and growth drivers. Through the use of SWOT and PESTEL analyses, it evaluates the sector’s strengths, weaknesses, opportunities, and threats, while considering political, economic, social, technological, environmental, and legal influences. Expert evaluations of competitor strategies and recent developments shed light on geographical trends and forecast the market’s future direction, creating a solid framework for strategic planning and investment decisions.
Brief Overview of the Connected Enterprise Market:
The global Connected Enterprise Market is expected to experience substantial growth between 2024 and 2031. Starting from a steady growth rate in 2023, the market is anticipated to accelerate due to increasing strategic initiatives by key market players throughout the forecast period.
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Which are the top companies operating in the Connected Enterprise Market?
The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the market's extension. This Global Connected Enterprise Market report provides the information of the Top Companies in Connected Enterprise Market in the market their business strategy, financial situation etc.
Rockwell Automation, Inc., Cisco Systems, Inc., Microsoft, IBM, Bosch Limited, Honeywell International Inc., GE DIGITAL, PTC, Accelerite, General Electric Company, HARMAN International, Verizon, Jacobs, Wipro Limited, Infosys Limited, Salesforce, KPMG International, Telefonaktiebolaget LM Ericsson, Amdocs and FUJITSU
Report Scope and Market Segmentation
Which are the driving factors of the Connected Enterprise Market?
The driving factors of the Connected Enterprise Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.
Connected Enterprise Market - Competitive and Segmentation Analysis:
**Segments**
- By Component: Hardware, Software, Services
- By Deployment Type: Cloud, On-Premises
- By Organization Size: Large Enterprises, Small and Medium-Sized Enterprises (SMEs)
- By End-User Industry: IT and Telecommunications, BFSI, Healthcare, Retail, Manufacturing, Others
The global connected enterprise market is expected to witness significant growth from 2021 to 2028. The market is segmented by component, deployment type, organization size, and end-user industry. In terms of components, the market is segmented into hardware, software, and services. The hardware segment is anticipated to hold a substantial market share due to the increased adoption of IoT devices and sensors in enterprises for connectivity and data collection. The software segment is also expected to witness significant growth with the rising need for connected platforms to manage and analyze data efficiently. The services segment, including consulting, integration, and maintenance services, is projected to grow as enterprises seek external expertise for seamless implementation and operation of connected solutions.
By deployment type, the market is categorized into cloud and on-premises solutions. The cloud deployment segment is expected to dominate the market as organizations increasingly opt for flexible and cost-effective cloud-based solutions to connect and manage their operations. On-premises solutions, though still relevant for certain industries with regulatory constraints or specific security needs, are anticipated to witness slower growth compared to cloud-based alternatives.
Considering organization size, the market caters to both large enterprises and small and medium-sized enterprises (SMEs). Large enterprises are projected to lead the market in terms of adoption and investment in connected enterprise solutions due to their higher IT budgets and resources. However, SMEs are expected to be a significant growth contributor as they increasingly focus on digitization and automation to enhance their competitiveness in the market.
In terms of end-user industries, the connected enterprise market finds applications in various sectors such as IT and telecommunications, BFSI, healthcare, retail, manufacturing, and others. TheThe IT and Telecommunications sector is expected to be a key driver for the growth of the connected enterprise market. With the rapid digitization of businesses and the increasing reliance on technology for communication and collaboration, companies in this industry are looking to deploy connected solutions to improve operational efficiency and customer service. The integration of IoT devices and connectivity solutions will enable IT and telecommunications companies to better monitor their networks, optimize performance, and deliver innovative services to meet the evolving demands of their customers.
In the BFSI (Banking, Financial Services, and Insurance) sector, connected enterprise solutions are gaining traction as organizations aim to enhance security, streamline operations, and deliver personalized services to customers. The implementation of IoT devices and real-time data analytics allows BFSI firms to detect and prevent fraud, improve risk management, and create tailored financial products and services. Moreover, the adoption of connected solutions enables seamless communication between different departments within financial institutions, leading to enhanced collaboration and decision-making processes.
The healthcare industry is another prominent end-user of connected enterprise solutions, driven by the growing demand for remote patient monitoring, telemedicine services, and digital healthcare platforms. The integration of IoT devices, wearables, and connected medical devices enables healthcare providers to collect valuable patient data, track health metrics in real-time, and deliver personalized care to individuals. Additionally, connected solutions help hospitals and clinics optimize resource allocation, automate administrative tasks, and improve overall patient outcomes through data-driven insights and predictive analytics.
In the retail sector, connected enterprise solutions are revolutionizing the way businesses interact with customers, manage inventory, and analyze sales data. Retailers are leveraging IoT technologies, RFID tags, and smart sensors to enhance the shopping experience, optimize supply chain logistics, and create personalized marketing campaigns based on consumer behavior and preferences. By connecting various touchpoints across the retail ecosystem, companies can gain a competitive edge, increase operational efficiency, and drive customer loyalty through seamless omnichannel experiences.
The manufacturing industry is undergoing a digital transformation with the adoption of connected enterprise solutions to achieve operational**Market Players:**
- Rockwell Automation, Inc.
- Cisco Systems, Inc.
- Microsoft
- IBM
- Bosch Limited
- Honeywell International Inc.
- GE DIGITAL
- PTC
- Accelerite
- General Electric Company
- HARMAN International
- Verizon
- Jacobs
- Wipro Limited
- Infosys Limited
- Salesforce
- KPMG International
- Telefonaktiebolaget LM Ericsson
- Amdocs
- FUJITSU
The global connected enterprise market is poised for substantial growth as businesses across various industries increasingly invest in digital transformation initiatives to enhance operational efficiency and customer experiences. Key segments such as hardware, software, and services are expected to drive market expansion. Hardware components like IoT devices and sensors will play a crucial role in enabling connectivity and data collection within enterprises. The software segment will witness significant growth, fueled by the rising demand for connected platforms for data analysis and management. Additionally, services like consulting and integration will experience increased adoption as enterprises seek expertise in implementing seamless connected solutions.
Cloud deployment is anticipated to dominate the market as organizations prioritize flexibility and cost-effectiveness in managing their operations. Large enterprises are expected to lead in the adoption of connected enterprise solutions due to higher IT budgets and resources. However, SMEs will contribute significantly to market growth as they focus on digitization and automation to stay competitive. Across end-user industries like IT and Telecommunications, BFSI, healthcare, retail, and manufacturing, the demand
North America, particularly the United States, will continue to exert significant influence that cannot be overlooked. Any shifts in the United States could impact the development trajectory of the Connected Enterprise Market. The North American market is poised for substantial growth over the forecast period. The region benefits from widespread adoption of advanced technologies and the presence of major industry players, creating abundant growth opportunities.
Similarly, Europe plays a crucial role in the global Connected Enterprise Market, expected to exhibit impressive growth in CAGR from 2024 to 2028.
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Key Benefits for Industry Participants and Stakeholders: –
- Industry drivers, trends, restraints, and opportunities are covered in the study.
- Neutral perspective on the Connected Enterprise Market scenario
- Recent industry growth and new developments
- Competitive landscape and strategies of key companies
- The Historical, current, and estimated Connected Enterprise Market size in terms of value and size
- In-depth, comprehensive analysis and forecasting of the Connected Enterprise Market
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters
The countries covered in the Connected Enterprise Market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA
Detailed TOC of Connected Enterprise Market Insights and Forecast to 2028
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Connected Enterprise Market Landscape
Part 05: Pipeline Analysis
Part 06: Connected Enterprise Market Sizing
Part 07: Five Forces Analysis
Part 08: Connected Enterprise Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Connected Enterprise Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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