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Global Enterprise 2.0 Technologies Market size is expected to grow from $838 billion in 2022 and is expected to reach USD 1,254.5 billion by 2030 is expected at a CAGR of 27.4% during the forecast Period 2022-2030.
Enterprise 2.0 Technologies Market Overview:
Global demand to protect against data breaches and breaches is a key aspect fueling the worldwide enterprise 2.0 technology market growth. The growing trend towards online customer support and engagement and increasing speed of production will increase sales projections of the international enterprise 2.0 technology market in the coming years. Moreover, the emergence of modern tools like artificial intelligence and other integrated software will further propel the overall growth of the enterprise 2.0 technologies market over the forecast period set between 2022 and 2030.
The worldwide enterprise 2.0 technologies market is segmented on the basis of platform type, organization size, industry vertical, and region. Regarding platform type, the market is grouped into wikis, social networking, social bookmarking, online communities, mashups, and blogs.
Enterprise 2.0 technologies are a set of software applications and web-based tools that enable collaboration, communication, and knowledge sharing within an enterprise. These technologies are designed to help businesses improve their efficiency, productivity, and agility.
Major Market Segments Covered in Enterprise 2.0 Technologies Industry Research:
Market Key Players:Enghouse Systems: Enghouse Systems provides a wide range of enterprise software solutions, including collaboration and customer interaction software. Their offerings focus on enhancing communication, collaboration, and knowledge sharing within organizations, enabling better team collaboration and improved customer engagement.
Dell Inc.: Dell Inc., now known as Dell Technologies, offers various enterprise 2.0 technologies, primarily in the hardware domain. Their product portfolio includes servers, storage solutions, networking equipment, and other infrastructure components that form the backbone of enterprise IT systems. These technologies provide the necessary infrastructure to support enterprise collaboration and communication tools.
Cisco Systems Inc.: Cisco Systems is a global leader in networking and communication technologies. Their enterprise 2.0 solutions encompass a wide range of products, such as collaboration platforms, unified communication systems, and network infrastructure. Cisco's offerings enable organizations to connect and collaborate effectively, facilitating real-time communication, document sharing, and virtual meetings.
IBM Corporation: IBM offers a comprehensive suite of enterprise 2.0 technologies and solutions. Their portfolio includes collaboration tools, content management systems, social networking platforms, and analytics software. IBM's solutions aim to improve productivity, knowledge sharing, and innovation within organizations, helping them leverage their collective intelligence.
Oracle Corporation: Oracle provides a range of enterprise 2.0 technologies, particularly in the areas of collaboration and content management. Their offerings include communication and collaboration tools, document management systems, and enterprise social networking platforms. Oracle's solutions enable organizations to streamline collaboration processes, enhance information sharing, and improve overall productivity.
Industry News:
By Type:
Homegrown
Homegrown enterprise 2.0 technologies are developed by the enterprise itself. This can be a good option for enterprises that have specific needs or requirements that are not met by off-the-shelf solutions. However, it can be time-consuming and expensive to develop homegrown solutions.
Purchased
Purchased enterprise 2.0 technologies are developed by third-party vendors and sold to enterprises. This is a good option for enterprises that do not have the time or resources to develop their own solutions. Purchased solutions are typically more expensive than homegrown solutions, but they can be easier to implement and maintain.
Free
There are also a number of free enterprise 2.0 technologies available. These solutions are typically open source and can be a good option for enterprises that are on a tight budget. However, free solutions may not offer the same level of functionality or support as paid solutions.
Other
In addition to the three main options, there are also a number of other ways to obtain enterprise 2.0 technologies. For example, some enterprises may choose to lease or rent solutions. Others may choose to collaborate with other enterprises to develop or share solutions.
By Application:
Electronics:Electronics companies use enterprise 2.0 technologies to collaborate on product development, share knowledge, and communicate with customers. For example, companies like Sony and Samsung use social media platforms to gather feedback from customers on new products.
Industrial:Industrial companies use enterprise 2.0 technologies to improve efficiency, productivity, and safety. For example, companies like General Electric and Siemens use collaboration tools to coordinate work across different departments.
Media: Media companies use enterprise 2.0 technologies to create and distribute content, engage with audiences, and measure results. For example, companies like Netflix and Hulu use social media platforms to promote their content and gather feedback from viewers.
Other: Enterprise 2.0 technologies are also used in a variety of other industries, including healthcare, finance, and education. For example, healthcare companies use enterprise 2.0 technologies to improve patient care, and financial institutions use them to combat fraud.
By Region:
North America is expected to continue to dominate the global market over the forecast period, owing to the increasing penetration of IoT technologies across industry sectors supported by the availability of high-speed broadband connectivity services, a key cause enabling communication between multiple devices. Numerous devices on the network. Additionally, prominent players over regions and rapid growth in the cloud computing technology market are expected to propel growth during the forecast period.
APAC will grow as one of the most promising markets with maximum CAGR in 2022-2030 due to the important adoption of IoT in various end-use industries for instance healthcare & life sciences, manufacturing, automotive, and retail. IoT development across regions is mainly driven by countries like China and India, which are expected to lead the development of intelligent solutions in many industries including smart grid deployment. The APAC region presents tremendous growth opportunities for market players due to the lack of skilled resources and high demand from SMEs that will drive adoption over the next eight years.
Latin America is expected to witness the highest CAGR during the forecast period with many enterprises exploring IoT deployment opportunities in many industries for example healthcare and utilities in Latin American countries including Mexico, Argentina, Brazil, and Chile. The market also delivers huge growth opportunities for players operating across regions supported by the low initial investment needed to develop IoT solutions.
Significant Market Dynamics:
The following are some of the key dynamics of the enterprise 2.0 technologies market:
The following are some of the key restraints of the enterprise 2.0 technologies market:
The following are some of the key trends in the enterprise 2.0 technologies market:
The following are some of the key challenges of the enterprise 2.0 technologies market:
The following are some of the key opportunities in the enterprise 2.0 technologies market:
The following are some of the key drivers of the enterprise 2.0 technologies market:
Enterprise 2.0 Technologies Market report scope:
Report Attribute | Details |
Study Period | 2017-2030 |
Base Year | 2022 |
Estimated year | 2023 |
Forecast period | 2023-2030 |
Historic Period | 2017-2022 |
Units | USD 1,254.5 billion |
Growth Rate | CAGR of 27.4% from 2022 to 2030 |
By Type |
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By Application |
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By Companies |
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Regional Scope |
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Reasons to Purchase this Report and Customization Scope |
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Conclusion:
In conclusion, the enterprise 2.0 technologies market is experiencing significant growth as organizations recognize the importance of collaboration and knowledge sharing for driving productivity and innovation. The offerings from companies like Enghouse Systems, Dell Inc., Cisco Systems Inc., IBM Corporation, and Oracle Corporation play a vital role in meeting these needs, providing organizations with the tools and infrastructure required for effective collaboration in today's digital business landscape.
Crucial Points from this Enterprise 2.0 Technologies Report
At a CAGR of 27.4% during the forecast Period 2022-2030.
Homegrown Free Purchased Other
Electronics Industrial Media Other
Enghouse systems Dell Inc. Cisco Systems Inc. IBM CORPORATION Oracle Corporation SAP SE CafeX Communications Inc Vonage Holdings Corp. Microsoft Corporation Avaya Inc Others.
At a CAGR of 27.4% during the forecast Period 2022-2030.
Homegrown Free Purchased Other
Electronics Industrial Media Other
Enghouse systems Dell Inc. Cisco Systems Inc. IBM CORPORATION Oracle Corporation SAP SE CafeX Communications Inc Vonage Holdings Corp. Microsoft Corporation Avaya Inc Others.