Enterprise 2.0

World Market Report

MCP-6116

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DATE

JUL 2022

TABLES

57

PAGES

2002

EDITION

17

PRICE

USD 5450

CODE

MCP-6116


COMPETITIVE METRICS

COMPETITORS (ALPHABETICAL)

STRONG ACTIVE NICHE TRIVIAL

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Global Enterprise 2.0 Market to Reach US$9 Billion by the Year 2026

Enterprise 2.0 technologies are capable of improving external and internal business processes like product innovation, marketing and communication with suppliers and customers. These technologies ensure seamless information sharing among stakeholders, staff and clients to boost innovation, efficiency and productivity. The emergence of enterprise 4.0 that marks an era of enterprise computing requires vendors to move beyond products or services and pay heavy attention to holistic solutions and for gaining the competitive edge. These aspects hold critical relevance for startups eyeing on the enterprise 4.0 space that is overcrowded by leading technology companies. Various startups are developing full-stack solutions, understanding concerns faced by clients and offering relevant services for addressing challenges associated with implementation of new technologies. These strategies are highly relevant in the enterprise 4.0 era with different requirements than those for earlier waves. While enterprise 1.0 was mainly led by mainframe/personal computing software or hardware players, the 2.0 and 3.0 waves witnessed developments related to the Internet, cloud computing and the web.

Majority of developments related to these waves were associated with innovations around data centers, infrastructure and APIs. Over the last several years, vendors have developed sophisticated platforms to assist client organizations in automating operations and moving desired processes into the cloud. Enterprise 4.0 presents lucrative opportunities for full-stack solutions capable of tapping current systems for capturing new datasets and assisting users to leverage the technology with enhanced interfaces and automated workflows. Various players are developing innovative products focusing on technological integration and customers. These integration efforts are intended to leverage available services and technologies for addressing various issues faced by client organizations and industry verticals. In addition, some of these solutions are expected to help companies in gaining consumer trust and valuable datasets. The customer-centric focus is bound to play an important role in driving implementation of advanced enterprise technologies across diverse industries. Moreover, these efforts are anticipated to push value addition and subsequent uptake of technologies. Apart from customer-related innovations, vendors are working on emerging technologies such as data analytics, artificial intelligence and smart automation to improve performance and productivity.

Amid the COVID-19 crisis, the global market for Enterprise 2.0 estimated at US$3.3 Billion in the year 2022, is projected to reach a revised size of US$9 Billion by 2026, growing at a CAGR of 27% over the analysis period. Information Technology (IT), one of the segments analyzed in the report, is projected to grow at a 28.8% CAGR to reach US$3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the BFSI segment is readjusted to a revised 32.3% CAGR for the next 7-year period. This segment currently accounts for a 22.3% share of the global Enterprise 2.0 market.

The U.S. Market is Estimated at $1.2 Billion in 2022, While China is Forecast to Reach $1.1 Billion by 2026

The Enterprise 2.0 market in the U.S. is estimated at US$1.2 Billion in the year 2022. The country currently accounts for a 38.44% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$1.1 Billion in the year 2026 trailing a CAGR of 30.9% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25.2% and 23.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 19.3% CAGR while Rest of European market (as defined in the study) will reach US$685.4 Million by the end of the analysis period. The US dominates the global enterprise 2.0 technologies market. The regional market is propelled by the presence of an established infrastructure supporting technological progress and increasing uptake of new business processes. Revenue growth of the market is also bolstered by high penetration of cloud technology along with increasing adoption of social media across a large number of enterprises in the US. Asia-Pacific is projected to exhibit a phenomenal growth due to emergence of various economies in the region as technology hub. The region is witnessing consistent transition of organizations from resources and efficiency towards innovation. In addition to reporting high adoption of sophisticated technologies, the Asia-Pacific region is witnessing increasing investments in R&D activities related to enterprise social networking software.

Organizations are integrating enterprise 2.0 technologies and communication strategies to foster communication, ensure access to desired knowledge and expedite business processes. Growth in the global market is set to be driven by rising geographical diversity linked with worksites, transition to remote working, rising competition, high adoption of advanced technology among consumers, and better access to affordable mobile devices. The market is buoyed by increasing reliance on the Internet, rising investments in human capital and expansion of the broadband infrastructure. The market is posting substantial gains on account of rising significance of the web to attain diverse goals. Some of the other prominent market drivers include high organizational awareness, strong focus on customer engagement online and adoption of sophisticated applications. In the coming years, a large number of enterprises are anticipated to integrate business applications and social activity for desirable activity streams that allow organizations to navigate relevant material and quickly get the information. The integration of back-office systems with social media tools is expected to help companies in gaining insights into clients` business decision making process. The approach is bound to help companies in exploring and tapping new business processes. These benefits are poised to boost global adoption of enterprise 2.0 technologies and provide the required impetus to the global market.

Manufacturing Segment to Reach $1.1 Billion by 2026

In the global Manufacturing segment, USA, Canada, Japan, China and Europe will drive the 24.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$231.4 Million will reach a projected size of US$1.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$102.4 Million by the year 2026.

SELECT PLAYERS

Amazon.com, Inc.; Avaya Inc.; Cafex Communication Inc.; Cisco Systems, Inc.; Dell Technologies, Inc.; Dialogic Corporation; International Business Machines Corporation; Microsoft Corporation; Oracle Corporation; SAP SE; Vonage Holdings Corporation

SEGMENTS

» Application [Information Technology (IT), Manufacturing, BFSI, Healthcare, and Other Applications]

GEOGRAPHIES

» World » USA » Canada » Japan » China » Europe » France » Germany » Italy » UK » Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Enterprise 2.0 – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
As the Race between the Virus & Vaccines Intensifies, Review of the World Economy in 2021 and Beyond
With IMF Making an Upward Revision of Global GDP for 2022, Companies Remain Bullish About an Economic Comeback
How the IT Industry Has Been Impacted by the Pandemic & What’s the New Normal?
Enterprise 2.0 Approaches Faster with Multiple Challenges
Evolving Business & Consumer Needs Require Infallible Enterprise Technology Strategy in Post-Pandemic Era
Enterprise 2.0: An Introduction
Market Outlook
Market Challenges and Restraints
Key Challenges
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Enterprise 2.0 Comes with Exploding Demand for Bandwidth & Robust Network
Technology Merits Drive Compelling Gains
Key Characteristics of Enterprise 2.0
Digital Transformation of Businesses to Drive Adoption
EXHIBIT: Industry 4.0 Technologies with Strongest Impact on Organizations: 2020
Unlike Earlier Waves, Digital Transformation 2.0 Demands Focus & Holistic Change
EXHIBIT 4: Digital Transformation Accelerates Demand for Tools to Safeguard Enterprise Data: Global Digital Transformation Spending (In US$ Billion) for 2017-2023
Rising Workplace Diversity and WFH to Drive Adoption
Focus Grows on Social Media Aspect of Enterprise 2.0 to Stay Afloat & Competitive
Growing Role of Enterprise 2.0 in Human Resources
Enterprise 2.0 in Data Infrastructure
Role on Enterprise 2.0 in Accounting Practices
The Emergence of Enterprise AI 2.0
Enterprise 4.0 Marks an Era of Enterprise Computing
4. GLOBAL MARKET PERSPECTIVE
World Recent Past, Current & Future Analysis for Enterprise 2.0 by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Enterprise 2.0 by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Enterprise 2.0 by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2021 & 2027
World Recent Past, Current & Future Analysis for Information Technology (IT) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Information Technology (IT) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Information Technology (IT) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
World Recent Past, Current & Future Analysis for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for BFSI by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
World Recent Past, Current & Future Analysis for Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Manufacturing by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
UNITED STATES
Enterprise 2.0 Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
USA Recent Past, Current & Future Analysis for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
USA Historic Review for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
USA 15-Year Perspective for Enterprise 2.0 by Application - Percentage Breakdown of Value Revenues for Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications for the Years 2012, 2021 & 2027
CANADA
Canada Recent Past, Current & Future Analysis for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
Canada Historic Review for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
Canada 15-Year Perspective for Enterprise 2.0 by Application - Percentage Breakdown of Value Revenues for Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications for the Years 2012, 2021 & 2027
JAPAN
Enterprise 2.0 Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
Japan Recent Past, Current & Future Analysis for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
Japan Historic Review for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
Japan 15-Year Perspective for Enterprise 2.0 by Application - Percentage Breakdown of Value Revenues for Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications for the Years 2012, 2021 & 2027
CHINA
Enterprise 2.0 Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
China Recent Past, Current & Future Analysis for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
China Historic Review for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
China 15-Year Perspective for Enterprise 2.0 by Application - Percentage Breakdown of Value Revenues for Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications for the Years 2012, 2021 & 2027
EUROPE
Enterprise 2.0 Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
Europe Recent Past, Current & Future Analysis for Enterprise 2.0 by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR
Europe Historic Review for Enterprise 2.0 by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Enterprise 2.0 by Geographic Region - Percentage Breakdown of Value Revenues for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2021 & 2027
Europe Recent Past, Current & Future Analysis for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
Europe Historic Review for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Enterprise 2.0 by Application - Percentage Breakdown of Value Revenues for Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications for the Years 2012, 2021 & 2027
FRANCE
Enterprise 2.0 Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
France Recent Past, Current & Future Analysis for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
France Historic Review for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
France 15-Year Perspective for Enterprise 2.0 by Application - Percentage Breakdown of Value Revenues for Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications for the Years 2012, 2021 & 2027
GERMANY
Enterprise 2.0 Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
Germany Recent Past, Current & Future Analysis for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
Germany Historic Review for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
Germany 15-Year Perspective for Enterprise 2.0 by Application - Percentage Breakdown of Value Revenues for Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications for the Years 2012, 2021 & 2027
ITALY
Italy Recent Past, Current & Future Analysis for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
Italy Historic Review for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
Italy 15-Year Perspective for Enterprise 2.0 by Application - Percentage Breakdown of Value Revenues for Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications for the Years 2012, 2021 & 2027
UNITED KINGDOM
Enterprise 2.0 Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
UK Recent Past, Current & Future Analysis for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
UK Historic Review for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
UK 15-Year Perspective for Enterprise 2.0 by Application - Percentage Breakdown of Value Revenues for Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications for the Years 2012, 2021 & 2027
REST OF EUROPE
Rest of Europe Recent Past, Current & Future Analysis for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of Europe Historic Review for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
Rest of Europe 15-Year Perspective for Enterprise 2.0 by Application - Percentage Breakdown of Value Revenues for Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications for the Years 2012, 2021 & 2027
ASIA-PACIFIC
Enterprise 2.0 Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
Asia-Pacific Recent Past, Current & Future Analysis for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
Asia-Pacific Historic Review for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
Asia-Pacific 15-Year Perspective for Enterprise 2.0 by Application - Percentage Breakdown of Value Revenues for Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications for the Years 2012, 2021 & 2027
REST OF WORLD
Rest of World Recent Past, Current & Future Analysis for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of World Historic Review for Enterprise 2.0 by Application - Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2012 through 2019 and % CAGR
Rest of World 15-Year Perspective for Enterprise 2.0 by Application - Percentage Breakdown of Value Revenues for Information Technology (IT), BFSI, Manufacturing, Healthcare and Other Applications for the Years 2012, 2021 & 2027
Total Companies Profiled: 35

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