Product Code: IACT2306
Global Connected Enterprise Market Overview
According to SPER Market Research, the Global Connected Enterprise Market is estimated to reach USD 5493.14 billion by 2032 with a CAGR of 28.63%.
In addition to monitoring its equipment, a connected enterprise connects it to all of its vital hubs, enabling real-time predictive analytics and deeper insight. Using linked enterprise gives businesses a competitive edge over their rivals since it speeds up operations and draws customers by providing more sophisticated offerings. Additionally, it helps firms take advantage of customers' preferences for increasingly technologically advanced services at reasonable prices.
Investments in this sector are being sparked by the rapid development of technologies like big data, analytics, and cloud computing. Connected enterprise solutions are extending the possibilities for high product usage, additional functionality, improved capabilities, and higher reliability that go beyond the traditional product limitations. Investments in research and development are made possible by the value chain activities being transformed by the changing nature of solutions and services as well as by value chain activities. As millions of machines and gadgets link, connected technology is developing more quickly and opening up new opportunities. Internet of Things (IoT) solutions are being rapidly adopted by businesses in retail, healthcare, and other sectors to revolutionize their operational procedures. As digital solutions disrupt the industrial sector, they are also embracing data interchange, automation, and smart manufacturing technology.
Impact of COVID-19 on the Global Connected Enterprise Market
Healthcare has undergone a technological revolution as a result of the coronavirus outbreak. Additionally, businesses have been compelled to move to a fully automated environment due to the successful implementation of automation solutions, which is likely to increase demand for the connected enterprise sector. Additionally, the advantages of chosen automation solutions have forced firms to make the shift to a fully automated environment. In turn, during the current global health crisis, this has turned into one of the main development catalysts for the connected enterprise industry.
Scope of the Report:
Report Metric Details
Market size available for years: 2019-2032
Base year considered: 2021
Forecast period: 2022-2032
Segments covered: By Platform, By Solution, By Service, By End User
Regions covered: Asia Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered: Accelerite, Cisco Systems Inc., General Electric Company, Harman International, Honeywell International Inc., IBM Corporation, Jacobs Engineering Group Inc., MachineShop Inc., Microsoft Corporation, PTC Inc., Rockwell Automation Inc., Verizon Communications Inc., Wipro Limited
Global Connected Enterprise Market Segmentation:
- By Platform: Based on the Platform, Global Connected Enterprise Market is segmented as; Application Enablement, Connectivity Management, Device Management.
- By Solution: Based on the Solution, Global Connected Enterprise Market is segmented as; Asset Performance Management, Customer Experience Management, Data Management, Enterprise Infrastructure Management, Mobile Workforce Management, Network Management, Real-Time Collaboration, Remote Monitoring System, Security Solution, Streaming Analytics.
- By Service: Based on the Service, Global Connected Enterprise Market is segmented as; Consulting Services, Integration and Deployment Services, Managed Services, Professional Services, Support and Maintenance.
- By End User: Based on the End User, Global Connected Enterprise Market is segmented as; BFSI, Energy and Utilities, Government, Healthcare and Life Sciences, Manufacturing, Media and Enterprises, Retail and Ecommerce, Telecommunication and IT, Others.
- By Region: Over the forecast period, North America is anticipated to experience significant expansion. Industry growth is being fuelled by rising technological investment and the demand for connected infrastructure. Furthermore, industry growth is anticipated to benefit from the rising importance of automation and the demand for greater flexibility and functionality. Additionally, internet-enabled products and solutions have been used by the regional telecom and healthcare sectors to improve their consumer experiences.
Table of Contents
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER's internal database
- 2.1.4 Premium insight from KOL's
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global Connected Enterprise Market
5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER'S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
6. Competitive Landscape
- 6.1 Global Connected Enterprise Manufacturing Base Distribution, Sales Area, Product Type
- 6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Connected Enterprise Market
7. Global Connected Enterprise Market, By Platform, 2019-2032 (USD Million)
- 7.1 Application Enablement
- 7.2 Connectivity Management
- 7.3 Device Management
8. Global Connected Enterprise Market, By Solution, 2019-2032 (USD Million)
- 8.1 Asset Performance Management
- 8.2 Customer Experience Management
- 8.3 Data Management
- 8.4 Enterprise Infrastructure Management
- 8.5 Mobile Workforce Management
- 8.6 Network Management
- 8.7 Real-Time Collaboration
- 8.8 Remote Monitoring System
- 8.9 Security Solution
- 8.10 Streaming Analytics
9. Global Connected Enterprise Market, By Service, 2019-2032 (USD Million)
- 9.1 Consulting Services
- 9.2 Integration and Deployment Services
- 9.3 Managed Services
- 9.4 Professional Services
- 9.5 Support and Maintenance
10. Global Connected Enterprise Market, By End User, 2019-2032 (USD Million)
- 10.1 BFSI
- 10.2 Energy and Utilities
- 10.3 Government
- 10.4 Healthcare and Life Sciences
- 10.5 Manufacturing
- 10.6 Media and Enterprises
- 10.7 Retail and Ecommerce
- 10.8 Telecommunication and IT
- 10.9 Others
11. Global Connected Enterprise Market, By Region, 2019-2032 (USD Million)
- 11.1 Global Connected Enterprise Size and Market Share by Region (2019-2025)
- 11.2 Global Connected Enterprise Size and Market Share by Region (2026-2032)
- 11.3 Asia-Pacific
- 11.3.1 Australia
- 11.3.2 China
- 11.3.3 India
- 11.3.4 Japan
- 11.3.5 South Korea
- 11.3.6 Rest of Asia-Pacific
- 11.4 Europe
- 11.4.1 France
- 11.4.2 Germany
- 11.4.3 Italy
- 11.4.4 Spain
- 11.4.5 United Kingdom
- 11.4.6 Rest of Europe
- 11.5 Middle East & Africa
- 11.5.1 Kingdom of Saudi Arabia
- 11.5.2 United Arab Emirates
- 11.5.3 Rest of Middle East & Africa
- 11.6 North America
- 11.6.1 Canada
- 11.6.2 Mexico
- 11.6.3 United States
- 11.7 Latin America
- 11.7.1 Argentina
- 11.7.2 Brazil
- 11.7.3 Rest of Latin America
12. Company Profiles
- 12.1 Accelerite
- 12.1.1 Company details
- 12.1.2 Financial outlook
- 12.1.3 Product summary
- 12.1.4 Recent developments
- 12.2 Cisco Systems Inc.
- 12.2.1 Company details
- 12.2.2 Financial outlook
- 12.2.3 Product summary
- 12.2.4 Recent developments
- 12.3 General Electric Company
- 12.3.1 Company details
- 12.3.2 Financial outlook
- 12.3.3 Product summary
- 12.3.4 Recent developments
- 12.4 Harman International
- 12.4.1 Company details
- 12.4.2 Financial outlook
- 12.4.3 Product summary
- 12.4.4 Recent developments
- 12.5 Honeywell International Inc.
- 12.5.1 Company details
- 12.5.2 Financial outlook
- 12.5.3 Product summary
- 12.5.4 Recent developments
- 12.6 IBM Corporation
- 12.6.1 Company details
- 12.6.2 Financial outlook
- 12.6.3 Product summary
- 12.6.4 Recent developments
- 12.7 Jacobs Engineering Group Inc.
- 12.7.1 Company details
- 12.7.2 Financial outlook
- 12.7.3 Product summary
- 12.7.4 Recent developments
- 12.8 MachineShop Inc.
- 12.8.1 Company details
- 12.8.2 Financial outlook
- 12.8.3 Product summary
- 12.8.4 Recent developments
- 12.9 Microsoft Corporation
- 12.9.1 Company details
- 12.9.2 Financial outlook
- 12.9.3 Product summary
- 12.9.4 Recent developments
- 12.10 PTC Inc.
- 12.10.1 Company details
- 12.10.2 Financial outlook
- 12.10.3 Product summary
- 12.10.4 Recent developments
- 12.11 Rockwell Automation Inc.
- 12.11.1 Company details
- 12.11.2 Financial outlook
- 12.11.3 Product summary
- 12.11.4 Recent developments
- 12.12 Verizon Communications Inc.
- 12.12.1 Company details
- 12.12.2 Financial outlook
- 12.12.3 Product summary
- 12.12.4 Recent developments
- 12.13 Wipro Limited
- 12.13.1 Company details
- 12.13.2 Financial outlook
- 12.13.3 Product summary
- 12.13.4 Recent developments
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope