"Smart Strategies, Giving Speed to your Growth Trajectory"

Connected Enterprise Market Size, Share, and COVID-19 Impact Analysis, By Type (Customer Experience Management, Enterprise Infrastructure Management, Asset Performance Management, Remote Monitoring System, Device Management, and Others), By End-user (Manufacturing, IT & Telecommunication, Retail & E-commerce, BFSI, Healthcare, Energy and Utility, and Others), and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI107045 | Status : Ongoing

 

KEY MARKET INSIGHTS

A connected enterprise is a business system where every part of the business has been digitalized. It makes use of the internet of things (IoT) to obtain supplementary insights and fuel efficiency. Moreover, utilizing a connected enterprise approach as part of a digital transformation aids a company to unite technical and human processes while encouraging a better degree of cooperation.



  • In January 2019, according to Tech Pro study, businesses are adopting IIoT solutions at a higher pace and 82% of the survey respondents either had employed IIoT or were implementing a pilot project.


Moreover, the rising need for cloud computing in all sectors such as healthcare, automotive, etc. is boosting the growth of the market. Also, the escalating demand for automation of various operations in healthcare, banking, and other sectors and the growing adoption of connected enterprises along with advanced technology by SMEs is expected to offer lucrative opportunities for market growth in the coming years. However, the high cost in deploying the Connected Enterprise is limiting the market growth.

Impact of COVID-19 on the Connected Enterprise Market


The spread of COVID-19 ushered in a technological evolution in the healthcare industry. The positive results of the previously implemented automation solutions are expected to encourage businesses to shift to fully automated environments. For instance,


  • Uipath developed the UiPath Health Screening Bot, developed after the introduction of SARS-CoV globally, and was critical in raising awareness and providing automated responses.


Further, the positive results from the adopted automation solutions are expected to encourage businesses to shift towards fully automated environments, which is expected to boost the demand for the connected enterprise market.

Key Insights


The report will cover the following key insights:


  • Micro Macro Economic Indicators.

  • Drivers, Restraints, Trends and Opportunities.

  • Business Strategies Adopted by the Players.

  • Impact of COVID-19 on Connected Enterprise Market.

  • Consolidated SWOT Analysis of Key Players.


Analysis by End-user


Based on end-user, the market is segmented into manufacturing, retail & e-commerce, IT & telecommunication, BFSI, energy and utility, healthcare, and others. Retail & e-commerce accounted for the highest market share in 2021. As retail sales increase, the integration of IoT sensors into various consumer devices enables retailers to better understand and monitor consumer behavior, collect data and improve their consumer experience. Additionally, retailers are increasingly looking for new ways to communicate with their customers to improve their shopping experience. Thus, the aforementioned factors are boosting the segment growth.

Regional Analysis


To gain extensive insights into the market, Request for Customization


North America holds the largest market share and is expected to dominate the connected enterprise market in the forecast period owing to the technological advances and the proliferation of the Internet of Things (IoT) in countries such as the United States and Canada.


  • As per to MAPI, the U.S. manufacturing production is expected to rise by 2.8% from 2018 to 2021, which will improve the implementation of automation technologies in the country, thereby supplementing the market for the connected enterprise.


The market shares of connected enterprise market by region are as follows:


  • North America – 42%

  • Europe – 29%

  • Asia Pacific – 18%

  • Middle East and Africa – 7%

  • South America – 4%


Further, the Asia Pacific is expected to grow at the highest pace during the forecast period as the telecommunication and healthcare industries in the region have initiated to implement internet-enabled devices and solutions to enhance the quality of service they offer to their respective customer bases.

Key Players Covered


The report will include the profiles of key players such as Cisco Systems Inc., Accelerite, General Electric Company, Rockwell Automation Inc., Harman International, IBM Corporation, Jacobs Engineering Group Inc., MachineShop Inc., Microsoft Corporation, Honeywell International Inc., Verizon Communications Inc., Wipro Limited, and others.

Segmentation
















By Type


By End-user


By Geography



  • Customer Experience Management

  • Enterprise Infrastructure Management

  • Asset Performance Management

  • Remote Monitoring System

  • Device Management

  • Others (Connectivity Management, Application Enablement, Manufacturing Execution System, etc.)




  • Manufacturing

  • IT & Telecommunication, Retail & E-commerce

  • BFSI

  • Healthcare

  • Energy and Utility

  • Others (Food & Beverage, etc.)




  • North America (U.S., Canada and Mexico)

  • South America (Brazil, Argentina and Rest of South America)

  • Europe (U.K., Germany, France, Italy, Spain, Russia, Benelux, Nordics and Rest of Europe)

  • Middle East & Africa (Turkey, Israel, GCC, South Africa, North Africa and Rest of MEA)

  • Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania and Rest of Asia Pacific)  



Key Industry Developments



  • In May 2022, Harman International & its Digital Transformation Solutions business unit became member in the Global Semiconductor Alliance.

  • In April 2022, General Motors & Cisco Systems collaborated to reform and add automation in the development process for vehicle development data performance testing.





  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Information & Technology Clients
Sony
Hitachi
Samsung
Google
Lg
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X