Press release
Connected Enterprise Market on the Rise: Impressive 32.0% CAGR Forecasts Sweeping Growth till 2029
Connected Enterprise Market
Driven by Technological Advancements and Adaptive Business Models
What Is The Projected Market Size Of The Global Connected Enterprise Market And Its Growth Rate?
The global connected enterprise market, characterized by fast-paced growth, has shown exponential expansion in recent years:
• The market marked an increase from $556.4 billion in 2024 to $734.64 billion in 2025, exhibiting a robust compound annual growth rate (CAGR) of 32.0%.
• Factors such as cloud computing adoption, advancements in edge computing, utilization of data analytics and big data, digital transformation initiatives, industry 4.0 and smart manufacturing were indicative of growth in this historic period.
• Looking ahead, the connected enterprise market size shows promising potential, poised to touch the $2228.07 billion mark in 2029, maintaining the impressive CAGR of 32.0%.
• Agile and adaptive business models, rise of smart buildings, focus on health, safety, energy efficiency, sustainability initiatives, and evolving customer expectations promise to propel the growth in the forecast period.
What Is Driving The Growth In The Connected Enterprise Market?
The surge in the global connected enterprise market can significantly be tied to the adoption of 5G networks. 5G, the 5th generation mobile network, ensures speed, increased bandwidth, and lower latency, enhancing the connected experience for enterprises. It also allows businesses to offer customers expanded capabilities and improved customer experience. A study by IoT Analytics in September 2024 reported that public 5G made up 95% of global 5G IoT connections with private 5G connections making up the remaining 5%. Furthermore, 51% of enterprise IoT adopters anticipated an increase in their IoT budget in 2024. Overall, it is evident that 5G Adoption continues to speed up the growth trajectory of the connected enterprise market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6945&type=smp
Who Are the Key Players Driving Connected Enterprise Market Growth?
The connected enterprise market growth is fueled by several major players including:
• Cisco Systems Inc.
• PTC Inc.
• Microsoft Corporation
• Robert Bosch GmbH
• Honeywell International Inc.
• General Electric Company
• Accelerite
• Verizon Communications Inc.
• MindTree Ltd.
• UiPath
• HARMAN International
and others.
What Are The Key Trends In The Connected Enterprise Market?
Emerging trends in the market include:
• Predictive maintenance for asset optimization
• Cross-platform integration and interoperability
• Edge computing for real-time processing
• Adoption of cloud-native and hybrid cloud solutions
• Implementation of cybersecurity and data privacy measures
• Use of the blockchain for secure transactions.
What Are The Segments Of The Global Connected Enterprise Market?
The global connected enterprise market is segmented by:
• Type: Manufacturing Execution System, Customer Experience Management, Enterprise Infrastructure Management, Asset Performance Management, Remote Monitoring System, Other Types
• Offering: Solutions, Services
• End-User: Manufacturing, IT and Telecommunication, Retail and E-commerce, BFSI, Healthcare, Energy and Utility, Other End-Users
Which Region Leads The Connected Enterprise Market?
In 2024, North America held a dominant position in the connected enterprise market. However, Asia-Pacific is poised to exhibit the fastest growth rate in the forecast period. The market report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the report for a swift delivery:
https://www.thebusinessresearchcompany.com/report/connected-enterprise-global-market-report
What Is Covered In The Connected Enterprise Market Global Market Report?
- Market Size Analysis: Analyze the Connected Enterprise Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Connected Enterprise Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Connected Enterprise Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Connected Enterprise Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/Customise?id=6945&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company
• Twitter: https://twitter.com/tbrc_info
• YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company:
The Business Research Company offers extensive, data-rich research and insights across 27 industries covering 60-plus geographies. With over 15,000 reports and 1,500,000 datasets, its unique insights from industry leaders help you stay ahead.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Connected Enterprise Market on the Rise: Impressive 32.0% CAGR Forecasts Sweeping Growth till 2029 here
News-ID: 3812512 • Views: …
More Releases from The Business research company
Handguns Market Overview, Emerging Developments, and Key Player Analysis
An Overview of the Expanding Handguns Market
The global handguns market is set to experience significant growth in the coming years, driven by innovations and increasing demand across various user groups. This report offers insights into the market size, key drivers, prominent players, emerging trends, and segmentation, providing a comprehensive understanding of the industry's current landscape and future prospects.
Download a free sample of the handguns market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=25341&type=smp
Projected Growth and Market Size…
Leading Companies Fueling Growth and Innovation in the Ground Handling Systems M …
The ground handling systems market is on track for notable expansion as the aviation sector increasingly embraces advanced technologies and sustainability initiatives. This growth reflects broader trends in airport infrastructure development, cargo logistics, and digital innovation, which are reshaping how ground operations are managed globally. Let's explore the market's growth expectations, leading players, emerging trends, and detailed segmentation.
Projected Market Growth and Size of the Ground Handling Systems Market
The ground…
Future Prospects: Key Trends Shaping the GEO Satellite Market Until 2030
The global GEO satellite market is positioned for meaningful growth over the coming years, driven by advancements in technology and increasing demand across various sectors. Understanding the market's size, key players, technological trends, and segmentation provides valuable insight into the evolving landscape and future opportunities of this industry.
Projected Market Growth and Size of the GEO Satellite Market by 2030
The GEO satellite market is anticipated to experience steady expansion, reaching…
Emerging Sub-Segments Transforming the Flying Taxis Market Landscape
The concept of flying taxis has moved from science fiction toward becoming a practical mode of transportation. With rapid technological advancements and increasing investments, this market is positioned for impressive growth as it aims to redefine urban mobility and reduce ground traffic congestion. Below is an overview of the flying taxis market, its growth drivers, key players, and emerging trends shaping the future of urban air travel.
Anticipated Growth of the…
More Releases for Enterprise
Why SMBs Deserve Enterprise-Level IT - Without the Enterprise Price Tag
Small and mid-sized businesses (SMBs) often operate under the misconception that enterprise-level IT solutions are reserved only for large corporations with unlimited budgets. Yet in today's digital-first economy, SMBs face many of the same risks and operational demands as their larger counterparts: cybersecurity threats, regulatory compliance, and the need for efficient, reliable technology to support growth. A managed IT services provider, Cortavo [https://cortavo.com/what-is-cortavo], has demonstrated that enterprise-level IT does not…
OpenPayd's Ozan Ozerk Named Enterprise Entrepreneur at 2025 Enterprise Awards
London, 19 June 2025 - Dr. Ozan Ozerk, founder of OpenPayd, has been named "Enterprise Entrepreneur" at this year's Enterprise Awards, an event that celebrates the UK's most impactful technology founders. The ceremony took place at Drapers' Hall on the evening of 18 June, bringing together leaders from across the innovation and investment landscape.
The recognition comes after a period of substantial growth for OpenPayd. In the past 12 months, the…
Redefining Enterprise Connectivity: Enterprise VSAT Market Poised for Remarkable …
Enterprise VSAT's market was estimated to be worth US$ 4,324.5 Mn in 2022, and by the end of 2033, it is anticipated to have increased to US$ 8,110.5 Mn. In 2023, the market for corporate VSAT is anticipated to be worth $4,514.8 Mn USD. From 2023 to 2033, the enterprise VSAT market is anticipated to expand at a 6.0% CAGR.
Businesses in industries like retail and consumer goods, healthcare, BFSI, media…
Enterprise WLAN Market Awareness Overview 2025 | , Hewlett-Packard Enterprise, H …
Global Enterprise WLAN Market: Snapshot
The global enterprise WLAN is registering a significant rise in its valuation, thanks to the increasing penetration of Internet across the world. The rapidly rising market for enterprise WLAN technology is anticipated to boost the cloud technology and the Internet of Things (IoT) industries as well, inducing intense competitiveness. Moreover, the continual technological advancements are projected to increase WLAN applications in a number of industry sectors…
Enterprise Mobility Market - Generating an Increasing Demand for Enterprise Mobi …
Geographically-spread enterprises are constantly faced with scenarios that require the convergence of a large number of communication channels and inclusion of foreign computing devices in the central network.
With a vast rise in mobile devices that need to be integrated with enterprise networks, mostly owing to the increasing trend of policies such as bring-your-own-device and choose-your-own-device, and diversely located workplaces and employees, the need for adopting enterprise mobility solution has…
Enterprise Mobility Market - Generating an Increasing Demand for Enterprise Mobi …
Geographically-spread enterprises are constantly faced with scenarios that require the convergence of a large number of communication channels and inclusion of foreign computing devices in the central network. With a vast rise in mobile devices that need to be integrated with enterprise networks, mostly owing to the increasing trend of policies such as bring-your-own-device and choose-your-own-device, and diversely located workplaces and employees, the need for adopting enterprise mobility solution has…
