Global Enterprise 2.0 Technologies Market Size study&Forecast, by Platform (Wikis, Blogs, Really Simple Syndication (RSS), Mashups, Online Communities, Others) by Enterprise Size (Large Enterprise, SMES), by Industry Vertical (IT and Telecom, BFSI, Manufacturing, Healthcare, Others)and Regional Analysis, 2022-2029
Global Enterprise 2.0 Technologies Market is valued at approximately USD 22.6 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 26% over the forecast period 2022-2029.Enterprise 2.0 Technologies is the adoption of Web 2.0 technologies by several enterprises to help their partners, employees and customers build networks, retain connections and work together. This interface allows users to interact and create content, it’s more similar to going beyond just receiving information from the web. These technologies improve the external and internal processes of business such as marketing, product development and communication with customers and suppliers. Additionally, the increasing penetration of the internet and rising trends of social media is driving the market for Enterprise 2.0 technologies.
The increasing penetration of the Internet among users is driving the demand for Enterprise 2.0 technologies as enterprises are shifting towards advanced and better technologies. In 2021 the Internet penetration of India went up to 47% from just 4% in 2007. India was also ranked as the second country in the world due to its active internet users. As in January, there was a total of 64.4% active internet users globally out of which 59.4% were social media users. The rising trend of social media was projected in 2021 when people reported their average per daytime on social media which is 40 to 44 years people spent 60 minutes per day and 19 years and below spent 49.12 minutes per day on social media apps daily. Moreover, the positive impact of COVID-19 led to the adoption of advanced technologies such as Enterprise 2.0 Technologies and rising awareness about industry 2.0 surged the market demand. However, the risk of personal data leakage and security concerns stifles the market growth of Enterprise 2.0 Technologies throughout the forecast period of 2022-2029.
The key regions considered for the Global Enterprise 2.0 Technologies Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World.North America dominated the market for Enterprise 2.0 Technologies due to the increasing adoption of Artificial Intelligence (AI), Machine learning (ML), big data and other analytical technologies. Asia-Pacific is anticipated to be the fastest-growing region in the forecasted period with a CAGR of 28.6%. This growth is expected due to rising investments in advanced technologies such as enterprise 2.0 technologies. Furthermore, the rising awareness among the population regarding Enterprise 2.0 Technologies is also boosting the market demand.
Major market player included in this report are:
Avaya Holdings Corporation
Cafex Communications Inc.
Cisco Systems, Inc.
International Business Machines IBM Corporation
Microsoft Corporation
Oracle Corporation
SAP SE
Vonage Holdings Corporation
Enghouse Systems Ltd.
Dell Inc.
Recent Developments in the Market:
In September 2022, Oracle Corporation launched Oracle Integration 3 and standalone process automation. These are comprehensive solutions to modernize business processes and applications.
In January 2021, IBM Corporation announced its partnership with telephonic help that enabled users to choose their workload in on-premise or cloud-based setups and accelerate the modernization of applications.
Global Enterprise 2.0 Technologies Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Platform, Enterprise Size, Industry Vertical, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
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 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Platform offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Platform:
Wikis
Blogs
Really Simple Syndication (RSS)
Mashups
Online Communities
Others
By Enterprise Size:
Large Enterprise
SMES
By Industry Vertical:
IT and Telecom
BFSI
Manufacturing
Healthcare
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 WorldCompanies Mentioned
Avaya Holdings Corporation
Cafex Communications Inc.
Cisco Systems, Inc.
International Business Machines IBM Corporation
Microsoft Corporation
Oracle Corporation
SAP SE
Vonage Holdings Corporation
Enghouse Systems Ltd.
Dell Inc.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook