Connected Enterprise Market Top Players, Segmentation & Future Trends Analysis till 2030

The Connected Enterprise Market is valued at USD 280.74 billion in 2022 and is projected to reach a value of USD 3167.62 billion in 2030 expanding at a CAGR of 28.4% over the forecast period of 2022-2030.

Monitoring the machines and connecting them to all business hubs allows connected enterprises to develop real-time capabilities that help enable predictive analytics and provide deeper insight. The connected enterprise speeds up the decision-making process in addition to improving it. Business models are made more visible by connected enterprise. Additionally, it has numerous uses in areas including banking, financial services, and telecommunications.

A connected ecosystem has the power to alter how companies operate across a range of industries. By providing a seamless and secure link between people, technology, and processes, connected enterprises can use smart processes that can leverage the power of data analytics to improve operational efficiency and cut costs.

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The expanding demand for automation and cloud computing, as well as technological advancements like big data, cloud, and mobile devices, are the main factors propelling industry expansion. These developments are also boosting the growth of the market for internationally connected enterprises. The market is also driven by an increase in security concerns and a decrease in maintenance costs as a result of smart linked devices. The market is comprehensively evaluated in the study on the global connected enterprise market. The research provides a thorough analysis of the market's key segments, trends, drivers, restraints, competitive environment, and other important elements.

Connected Enterprise Market Overview:
Forward-thinking companies all over the world are realising the importance of a connected ecosystem and raising the costs associated with making the switch from a conventional IT infrastructure to an all-connected one. Over the coming years, this trend will significantly raise the demand for connected enterprise solutions and services, offering the sector significant room for expansion in a number of regional markets. Businesses will be encouraged to move to a connected ecosystem in order to attain optimal productivity, effectively, efficiently, and cost-competitiveness by the strong competition that even the most respected and established enterprises will face across the industrial sector.

The need for efficient solutions to combine all of these data points in one unified and secure network will keep expanding as a result of trends like bring-your-own-device (BYOD), increasing integration of mobile computing devices in internal enterprise networks, and geographically dispersed workplaces. These elements will significantly affect the global Connected Enterprise Market throughout the ensuing years. On the other hand, a lack of technological expertise among the populace, the high cost of adopting a connected organisation, and the instability of Internet of Things (IoT) standards are anticipated to restrain market expansion.

Connected Enterprise Market- Segmentation
The Connected Enterprise Market is segmented into component, solutions, services, application.

Based on Component
• Solution
• Services

Based on Solution
• Manufacturing Execution Systems (MES)
• Customer experience management
• Business analytics
• Application value management
• Remote monitoring

Based on Services
• Professional
• Managed

Based on Application
• Manufacturing
• BFSI
• IT & Telecom
• Retail
• Healthcare
• Food & beverage
• Others
Connected Enterprise Market- Key Market Players
Some of the prominent companies operating in the market are Rockwell Automation, Inc., IBM Corporation, PTC, Inc., Microsoft Corporation, and Honeywell International Inc.

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