Global Connected Enterprise Market is valued at approximately USDXX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. The connected enterprise typically assists in machine monitoring and connects them to all business hubs to provide real-time capabilities, which allows for predictive analytics and deeper insight, along with improving the decision-making process. The growing need for automation and cloud computing across industries, the rise in technological advancements such as big data, cloud, and mobile devices in the enterprise, coupled with the high potential of voluminous data for better processes and operations are the several leading factors excelling the market demand across the globe. For instance, according to Statista, in 2019, the revenue of the global big data analytics market is accounted USD 14.85 billion. Also, the market is projected to grow and is likely to reach USD 68.09 billion by 2025. Consequentially, the flourishing growth of the big data analytics market is positively influencing the connected enterprise market, which, in turn, augments the market development in the approaching years. However, the high cost of deployment and lack of uniform IoT standards and technological skills impede the growth of the market over the forecast period of 2022-2028. Also, the growing adoption of IoT in small and medium businesses and surging demand for system integrators are anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the global Connected Enterprise Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising acceptance of novel technologies, and the growing proliferation of the Internet of Things (IoT). Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the growing presence of automation, manufacturing, and retail enterprises, as well as surging demand for system integrators, would create lucrative growth prospects for the Connected Enterprise Market across the Asia-Pacific region.

Major market players included in this report are:

Rockwell Automation Inc.

Cisco Systems Inc.

IBM Corporation

Microsoft Corporation

Bosch

Honeywell International

GE

Accelerite

Verizon Communications Inc.

PTC

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Offering:

Solutions

Services

Professional Services

Managed Services

By Type:

Manufacturing Execution System

Customer Experience Management

Enterprise Infrastructure Management

Asset Performance Management

Remote Monitoring System

Others

By End-User:

Manufacturing

IT & Telecommunication

Retail & E-commerce

BFSI

Healthcare

Energy and Utility

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Connected Enterprise Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors