Finance News World

Global Connected Enterprise Market 2018-2025, Latest Trends, CAGR Status, Growth, Analysis and Forecast | Key Players IBM Corporation, Rockwell Automation, Inc.,Honeywell International, Inc.,

 Breaking News
  • No posts were found

Global Connected Enterprise Market 2018-2025, Latest Trends, CAGR Status, Growth, Analysis and Forecast | Key Players IBM Corporation, Rockwell Automation, Inc.,Honeywell International, Inc.,

November 07
02:52 2019
Global Connected Enterprise Market 2018-2025, Latest Trends, CAGR Status, Growth, Analysis and Forecast | Key Players IBM Corporation, Rockwell Automation, Inc.,Honeywell International, Inc.,

Grand View Research, Inc. – Market Research And Consulting
The connected enterprise market size is expected to reach USD 1.94 trillion by 2025. The increasing need for automation and proliferation of connected devices is providing new growth avenues for the connected enterprise market. The Asia Pacific region is expected to be the fastest-growing regional market as the enterprises in the region are deploying connected infrastructure in new areas to improve their revenues.

According to a report,“Connected Enterprise Market Analysis By Component, By Solution (Manufacturing Execution System, Customer Experience Management, Business Analytics), By Services, By Platform, By Application, & Segment Forecasts, 2018 – 2025”, published by Grand View Research, Inc., 

Connected enterprise utilizes Internet-of-Things (IoT) IoT to integrate Information Technology (IT) and physical processes. It is a unified integration of Operational Technology (OT) and IT, which employs smart processes that utilize the potential of data analytics to enhance the effectiveness of their operations.

Connected technology is emerging at a faster pace as millions of devices and machines are getting connected leading to new realms of opportunities. Organizations are aggressively adopting connected retail, connected healthcare, and industrial IoT for transforming their business processes. Further, they are embracing data exchange, automation and smart manufacturing technologies as digital solutions are disrupting the industrial sector.

The proliferation of data analytics, smarter end-points, visualization, and mobility is expected to redesign the future of enterprises. Connected devices are powering the next wave of efficiency and innovations by transforming an enterprise’s operations. For instance, the conventional plant floor operations relied on manual paper-based processes for every business aspect from quality checks to inventory management. However, with the advent of connected enterprise, the inefficiencies of enterprises are being reduced.

“Read Report Summary, Toc, Market Segmentation, Research Methodology, Request a Free Sample“ Click the link below:
www.grandviewresearch.com/industry-analysis/connected-enterprise-market

U.S. connected enterprise market, by component, 2014 – 2025 (USD Billion)

U.S. connected enterprise market, by component, 2014 - 2025 (USD Billion)

Further key findings from the report suggest:

  • Customer experience management is expected to be the fastest-growing segment owing to its transition from being transactional to more interactive and informative solution

  • The managed services segment is expected to grow at a CAGR of over 35% from 2016 to 2025. due to the increasing need for outsourcing IoT-related capabilities

  • The device management platform is anticipated to account for over 25% revenue share by 2025; the need to drive connected products assessment, reduce operational costs, and improve service quality is propelling the demand for a device management platform

  • The healthcare sector is expected to reach a valuation of over USD 150 billion by 2025 on account of its transition from providing provider-centric to patient-centric solutions

  • The key industry players include IBM Corporation, Rockwell Automation, Inc., IBM Corporation, Honeywell International, Inc., and PTC Inc.

End-use industries are optimizing their supply chain and production capabilities by collaborating the array of information. The key players are considering the needs of their customers and are developing connected solutions to remain competitive. Rockwell Automation has amalgamated with the key companies to develop integrated services and products for broader risk management and better asset optimization.

For instance, Rockwell Automation has collaborated with Cisco Systems, Inc. to bridge the cultural and technological gaps between high-level information systems and plant-floor operations. These companies are jointly developing products, services, and architectures to aid manufacturers in converging and optimizing their network architectures. The company has also collaborated with Microsoft Corporation to accelerate innovations and develop manufacturing information solutions for increasing the value of ownership. The collaboration also reduced the barriers of product optimization.

Have Any Query? Ask Our Experts (Inquiry Before Buying): www.grandviewresearch.com/inquiry/4244/ibb

Global connected enterprise market, by application, 2015 (%)

 

Global connected enterprise market, by application, 2015 (%)

 

Curious to know more? Request a Free Sample Click the link below:  
www.grandviewresearch.com/industry-analysis/connected-enterprise-market/request/rs1

Grand View Research has segmented the connected enterprise market based on component, solution, services, platform, application, and region:

Connected Enterprise Component Outlook (Revenue, USD Billion, 2014 – 2025)

  • Solution

  • Service

  • Platform

Connected Enterprise Solution Outlook (Revenue, USD Billion, 2014 – 2025)

  • Manufacturing execution system

  • Customer experience management

  • Business analytics

  • Application value management

  • Remote monitoring

Connected Enterprise Service Outlook (Revenue, USD Billion, 2014 – 2025)

  • Professional services

  • Managed services

Connected Enterprise Platform Outlook (Revenue, USD Billion, 2014 – 2025)

  • Connectivity management

  • Application enablement and development

  • Device management

Connected Enterprise Application Outlook (Revenue, USD Billion, 2014 – 2025)

  • Manufacturing

  • BFSI

  • IT & telecom

  • Retail

  • Healthcare

  • Food & beverage

  • Others

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

If you need specific information, which is not currently within the article, we will provide it to you as a part of customization

Request for Customization:  www.grandviewresearch.com/request-for-customization/4244/rfc

Explore the BI enabled intuitive market research database, Navigate with Grand View Compass, by Grand View Research, Inc.

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 26 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 426 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 600 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/connected-enterprise-market