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Connected Enterprise Market 2023 - Market Size, Share, Trends, Industry Analysis, Key Drivers And Forecast To 2032
Connected Enterprise Market Analysis
Connected Enterprise Market Size, Growth Rate, And Forecast
The global connected enterprise market size grew from $326.1 billion in 2022 to $438.54 billion in 2023 at a compound annual growth rate (CAGR) of 34.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The connected enterprise market size is expected to grow to $1375.31 billion in 2027 at a CAGR of 33.1%.
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Connected Enterprise Market Drivers
The increasing adoption of 5G networks across the world is expected to propel the growth of the connected enterprise market going forward. 5G is the 5th generation mobile network for the higher speed and responsiveness of wireless networks. With 5G network speed, bandwidth, and lower latency, enterprises can have a better-connected experience and offer customers and associates expanded capabilities and continue to enhance the customer experience.
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Connected Enterprise Market Segments
1) By Type: Manufacturing Execution System, Customer Experience Management, Enterprise Infrastructure Management, Asset Performance Management, Remote Monitoring System, Other Types
2) By Offering: Solutions, Services
3) By End-User: Manufacturing, IT and Telecommunication, Retail and E-commerce, BFSI, Healthcare, Energy and Utility, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the connected enterprise market.
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Connected Enterprise Market Key Players
Major competitors in the connected enterprise market include Cisco Systems, PTC Inc., Microsoft Corporation, Robert Bosch GmbH, Honeywell International Inc., General Electric Company, Accelerite.
The Business Research Company's "Global Connected Enterprise Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Connected Enterprise Market Include:
1. Executive Summary
2. Connected Enterprise Market Characteristics
3. Connected Enterprise Market Trends And Strategies
4. Connected Enterprise Market - Macro Economic Scenario
5. Connected Enterprise Market Size And Growth
……..
26. Africa Connected Enterprise Market
27. Connected Enterprise Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Connected Enterprise Market
29. Connected Enterprise Market Future Outlook and Potential Analysis
30. Appendix
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