Connected Enterprise Market Growing Geriatric Population to Boost Growth 2031
Market Research Future Insights
According to MRFR analysis, the global Connected Enterprise market is expected to register a CAGR of 28.4% from 2022 to 2030 and hold a value of over USD 3.67 billion by 2030.
A Connected Enterprise is a term used to describe a business model in which all aspects of an organization's operations, processes, and systems are connected and integrated, allowing for the seamless flow of information and communication throughout the organization. This can include the integration of different systems, devices, and platforms, such as enterprise resource planning (ERP), customer relationship management (CRM), and Internet of Things (IoT) devices, to create a unified and connected enterprise ecosystem. The COVID-19 pandemic has had an impact on the Connected Enterprise industry, as the shift to remote work and the increased reliance on digital platforms has accelerated the adoption of connected enterprise technologies. This is because the pandemic has highlighted the need for organizations to have flexible and resilient systems in place that can support remote and distributed workforces, as well as the need for real-time data and analytics to help organizations make better decisions. Additionally, the increased use of digital platforms and e-commerce has also led to an increased need for connected enterprise technologies that can provide end-to-end visibility and control over the entire supply chain.
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Regional Analysis
North America's telecom and healthcare industries are expected to grow significantly in the next few years, thanks in part to increasing investment in new technologies and infrastructure that supports connectivity. Additionally, the growing demand for more flexible and functional automation solutions will drive industry growth, as will the increasing use of internet-enabled products and solutions to improve consumer experiences in the telecom and healthcare sectors.
Market Segmentation
The Global Connected Enterprise market has been segmented into type, application, and vertical.
Based on the component, the market has been segmented into Solutions, Services (Professional Services, Managed Services).
Based on the type, the market has been segmented into Manufacturing Execution Systems, Customer Experience Management, Enterprise Infrastructure Management, Asset Performance Management, and Remote Monitoring Systems.
Based on the end user, the market has been segmented into Manufacturing, IT & Telecommunication, Retail & E-commerce, BFSI, Healthcare, Energy, and Utility.
Key Players
Some of the key market players are Accelerite, Bosch GmbH, Cisco Systems, GE Digital, Honeywell International Inc., IBM, MindTree Ltd., PTC, Rockwell Automation, Inc., UiPath.
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