Connected Enterprise Market Scope
The connected enterprises, built on a common network infrastructure to resolve the multiple problems that companies experience with their operational data. It makes the best use of data and transforms it into actionable, real-time insightful information. Of late, Artificial Intelligence and IoT have made it possible to connect devices and allow cross-device communication that enables rapid business decision making through minimal human intervention. The internet of things (IoT) is the pivot of the connected enterprise, a pivot that allows a business to transform into a digital business, providing industries with the opportunity to explore channels of new forms of revenue.
The market study is segmented and major geographies with country level break-up.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Connected Enterprise market throughout the predicted period.
Rockwell Automation Inc.(United States), Cisco Systems Inc. (United States), IBM Corporation (United States), Microsoft Corporation (United States), Robert Bosch (Germany), Honeywell International (United States), General Electric (United States), Accelerite (United States), Verizon Communications Inc. (United States), PTC Inc. (United States) and Verizon Communications Inc. (United States) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Connected Enterprise market by Type, Application and Region.
On the basis of geography, the market of Connected Enterprise has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
California Consumer Privacy Act (CCPA) is passing a law for protection of data in United States which will be effective by January, 2020. It is expected to be country’s highest commendable security and privacy law. Also, SEC is taking risk prohibiting steps to overcome breaches in financial sectors specific to public listed companies to increase risk assurance. European Union laws (GDPR) is taking important measures to protect data privacy and is expected to impact ~4% of global annual sales.
- Deployment of Automation and Cloud Computing Across Numerous Industries
- Reduced Cost of Maintenance on Account of Smart Connected Devices
- Realized potential of voluminous data for better processes and operations
- The Steep Surge in Technological Advancements Including Big Data, Cloud Technology and Mobile Devices in Businesses
- Rising Adoption of IoT and Artificial Intelligence in both Small and Medium Enterprises
- The Growth in the Demand of System Integrators
- High Cost of Deployment
- Lack of Uniform IoT Standards and Dearth of Technological skills
- Lack of Data Management and Interoperability
- Security Over the Network of Connected Devices Spread across Enterprises
Analyst View"The enterprises ranging from bank to nuclear energy facilities, bringing them on a common platform and generating insights are predominantly, the areas where companies are heavily investing. On the other hand, the emergence of cloud computing and the expansion of hybrid cloud environment and proliferation of connected critical infrastructure are notable trends shaping the connected enterprise in near future."
Key Target AudienceSemiconductor Manufacturing Companies, Embedded Systems Companies, Application Developers and Aggregators, Managed Service Providers and Middleware Companies, Wireless Infrastructure Providers and Service Providers, Data Management and Predictive Analysis Companies, Internet Identity Management, Privacy, and Security Companies and Machine-To-Machine (M2M), IoT, and Telecommunications Companies
Customization available in this Study:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase