Connected Enterprise Global Market Report 2024

Description

“Connected Enterprise Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on connected enterprise market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for connected enterprise? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The connected enterprise market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

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
Companies Mentioned: Cisco Systems Inc.; PTC Inc.; Microsoft Corporation; Robert Bosch GmbH; Honeywell International Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Connected Enterprise refer to an ecosystem in which every business line has been digitalized and connected that are used to gain more insights and improve the productivity of their business by harmonising technological operations and a deeper level of collaboration to enhance productivity and business outcomes.

The main types of connected enterprises are manufacturing execution systems, customer experience management, enterprise infrastructure management, asset performance management, remote monitoring systems, and others. The manufacturing execution system connects live production data from various vendors, plants, and sites to interact seamlessly with controllers, equipment, and enterprise business systems. The different connected enterprise offerings include solutions and services. These are used in manufacturing, IT and telecommunication, retail and e-commerce, BFSI, healthcare, energy and utilities, and other end users.

The connected enterprise market research report is one of a series of new reports from The Business Research Company that provides connected enterprise market statistics, including global market size, regional shares, competitors with a connected enterprise market share, detailed connected enterprise market segments, market trends and opportunities, and any further data you may need to thrive in the connected enterprise industry. This connected enterprise market research report delivers a complete view of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The connected enterprise market size has grown exponentially in recent years. It will grow from $425. 54 billion in 2023 to $566. 88 billion in 2024 at a compound annual growth rate (CAGR) of 33. 2%. The growth in the historic period can be attributed to cloud computing adoption, advancements in edge computing, data analytics and big data, digital transformation initiatives, industry 4. 0 and smart manufacturing. .

The connected enterprise market size is expected to see exponential growth in the next few years. It will grow to $1689. 81 billion in 2028 at a compound annual growth rate (CAGR) of 31. 4%. The growth in the forecast period can be attributed to agile and adaptive business models, rise of smart buildings and facilities, enhanced focus on health and safety, energy efficiency and sustainability initiatives, evolving customer expectations. . Major trends in the forecast period include predictive maintenance for asset optimization, cross-platform integration and interoperability, edge computing for real-time processing, cloud-native and hybrid cloud solutions, cybersecurity and data privacy measures, blockchain for secure transactions. .

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. For instance, according to the GSM Association, a UK-based industry organisation that represents the interests of mobile network operators worldwide, in North America, about 13% of connections were 5G in 2021 and will hit 63% by 2025. Therefore, increasing the adoption of 5G networks drives the connected enterprise market growth.

An increasing number of IoT devices is expected to boost the growth of the connected enterprise market going forward. IoT devices refer to nonstandard computing devices that can connect to a network wirelessly and provide data. IoT devices play an important role in the connected enterprise as they enable businesses to collect and analyze data from a variety of sources, which can then be used to increase efficiency and reduce costs. For instance, in September 2021, according to the report published by IoT Analytics, a German-based market insights, and strategic business intelligence company, the global IoT connection count climbed by 8% to 12. 2 billion active endpoints, a notably slower rate than in previous years. It is anticipated that by 2025, there will be more than 30 billion IoT connections, or approximately four IoT devices per person. Therefore, the increasing number of IoT devices is driving the growth of the connected enterprise market.

The development of open communication platforms is a key trend gaining popularity in the connected enterprise market. Major companies in the connected enterprises market are focusing on developing open platforms for better communication channels and the secure exchange of data. For instance, in March 2023, the Wipro Limited, a India-based information technology (IT) corporation, launched 5G Def-I platform. The 5G Def-i platform's distinguishing features include proprietary Wipro frameworks such as Data Discovery Platform, Multi-Domain Orchestrator, and Cloud Native NFs runtime platform, as well as assets from an ecosystem of communication service providers, network equipment, and software vendors. The 5G Def-i platform is designed to enable organizations to effortlessly adapt their infrastructure, networks, and services.

Major companies operating in connected enterprise market developing technology advancements like AI-connected enterprise. AI-connected enterprise refers to the business ecosystem in which every area of business is digitalized and linked via integrated technology with artificial intelligence. For instance, in May 2023, Grammarly, a US-based software company, launched AI-connected enterprise of the future. With the addition of new AI tools to Grammarly Business, businesses will be able to better access and use information across their organizations, raise team skills and productivity, and create content with greater speed, relevancy, and comprehension.

In October 2023, Trane Technologies, an Ireland-based climate innovator which is part of connected enterprise, acquired Nuvolo for undisclosed amount. The acquisition will combine the companies' complementary capabilities, technology, offers, and client bases across major shared verticals such as healthcare, life sciences, retail, public sector, education, and others. Nuvolo, a US-based provider of connected enterprise solutions.

Major companies operating in the in the connected enterprise market report are 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, Jacobs Engineering Group Inc., Wipro Limited, Telefonaktiebolaget LM Ericsson, Amdocs and FUJITSU, Atos SE, Capgemini SE, CGI Inc., Cognizant Technology Solutions Corporation, DXC Technology Company, Hindustan Computers Pvt. Limited, International Business Machines Corporation, Infosys Limited, NTT DATA Corporation, Rockwell Automation Inc., Tata Consultancy Services Limited, TDK Corporation, Tech Mahindra Limited, Vodafone Group Plc, SAP SE.

North America was the largest region in the connected enterprise market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the connected enterprise market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the connected enterprise market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The connected enterprises market includes revenues earned by entities through the design of a one-team approach that eliminates reliance on any one person or organization and encourages cross-functional cooperation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r10259

1. Executive Summary

2. Connected Enterprise Market Characteristics

3. Connected Enterprise Market Trends And Strategies

4. Connected Enterprise Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Connected Enterprise Market Size and Growth

5.1. Global Connected Enterprise Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Connected Enterprise Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Connected Enterprise Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Connected Enterprise Market Segmentation

6.1. Global Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Manufacturing Execution System
Customer Experience Management
Enterprise Infrastructure Management
Asset Performance Management
Remote Monitoring System
Other Types
6.2. Global Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Solutions
Services
6.3. Global Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Manufacturing
IT and Telecommunication
Retail and E-commerce
BFSI
Healthcare
Energy and Utility
Other End-Users

7. Connected Enterprise Market Regional And Country Analysis

7.1. Global Connected Enterprise Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Connected Enterprise Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Connected Enterprise Market

8.1. Asia-Pacific Connected Enterprise Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. 4. Asia-Pacific Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Connected Enterprise Market

9.1. China Connected Enterprise Market Overview
9.2. China Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9. 4. China Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Connected Enterprise Market

10.1. India Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Connected Enterprise Market

11.1. Japan Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Connected Enterprise Market

12.1. Australia Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Connected Enterprise Market

13.1. Indonesia Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Connected Enterprise Market

14.1. South Korea Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Connected Enterprise Market

15.1. Western Europe Connected Enterprise Market Overview
15.2. Western Europe Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. 4. Western Europe Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Connected Enterprise Market

16.1. UK Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Connected Enterprise Market

17.1. Germany Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Connected Enterprise Market

18. 5. France Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. 6. France Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. 7. France Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Connected Enterprise Market

19. 9. Italy Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Connected Enterprise Market

20.13. Spain Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Connected Enterprise Market

21.1. Eastern Europe Connected Enterprise Market Overview
21.2. Eastern Europe Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. 4. Eastern Europe Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Connected Enterprise Market

22.1. Russia Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Connected Enterprise Market

23.1. North America Connected Enterprise Market Overview
23.2. North America Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. 4. North America Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Connected Enterprise Market

24.1. USA Connected Enterprise Market Overview
24.2. USA Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. 4. USA Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Connected Enterprise Market

25.1. Canada Connected Enterprise Market Overview
25.2. Canada Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. 4. Canada Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Connected Enterprise Market

26.1. South America Connected Enterprise Market Overview
26.2. South America Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. 4. South America Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Connected Enterprise Market

27.1. Brazil Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Connected Enterprise Market

28.1. Middle East Connected Enterprise Market Overview
28.2. Middle East Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. 4. Middle East Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Connected Enterprise Market

29.1. Africa Connected Enterprise Market Overview
29.2. Africa Connected Enterprise Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Connected Enterprise Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. 4. Africa Connected Enterprise Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Connected Enterprise Market Competitive Landscape And Company Profiles

30.1. Connected Enterprise Market Competitive Landscape
30.2. Connected Enterprise Market Company Profiles
- 30.2.1. Cisco Systems Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1. 4. Financial Performance
- 30.2.2. PTC Inc.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2. 4. Financial Performance
- 30.2.3. Microsoft Corporation
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3. 4. Financial Performance
- 30.2. 4. Robert Bosch GmbH
  - 30.2. 4.1. Overview
  - 30.2. 4.2. Products and Services
  - 30.2. 4.3. Strategy
  - 30.2. 4. 4. Financial Performance
- 30.2. 5. Honeywell International Inc.
  - 30.2. 5.1. Overview
  - 30.2. 5.2. Products and Services
  - 30.2. 5.3. Strategy
  - 30.2. 5. 4. Financial Performance

31. Global Connected Enterprise Market Competitive Benchmarking

32. Global Connected Enterprise Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Connected Enterprise Market

34. Connected Enterprise Market Future Outlook and Potential Analysis

34.1 Connected Enterprise Market In 2028 - Countries Offering Most New Opportunities
34.2 Connected Enterprise Market In 2028 - Segments Offering Most New Opportunities
34. 3 Connected Enterprise Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35. 4. Research Inquiries
35. 5. The Business Research Company
35. 6. Copyright And Disclaimer