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(IT-NEWSWIRE.COM, October 05, 2017 ) According to Publisher, the Global Connected Enterprise market is expected to grow from $122.54 billion in 2016 to reach $686.36 billion by 2022 with a CAGR of 33.2%. Increasing industrial automation, cost efficient solutions, and growing innovative technological developments such as Mobile Devices, Cloud, and Big Data are the factors bolstering the market growth. In addition, growing adoption of cloud computation is fueling the market growth. However, high initial costs, dissimilar technology skills and IoT standards are the restraints impeding the market growth.
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Among the solution segments, remote monitoring system segment is expected to dominate the market during the forecast period due to developments in technologies. Manufacturing end user segment is witnessing a significant growth driven by increasing investments in analytics to improve operating efficiency. North America accounted for the largest share in global connected enterprise market followed by Europe. Asia Pacific is expected to witness fastest growth on account of rising industrial automation and growing technological investments.
Some of the key players in global Connected Enterprise market include Accelerite, Cisco Systems, Inc., General Electric, Geographic Revenue Mix, HARMAN International, Honeywell International, Inc., International Business Machines Corporation, Jacobs Engineering Group, Inc., MachineShop Inc., Microsoft Corporation, Parametric Technology Corporation, Inc. (Thingworx), PTC Inc., Robert Bosch GmbH, Rockwell Automation Inc., Rockwell Automation, Inc., and Verizon Communications, Inc.
-Support and Maintenance Services
-Integration and Deployment Services
-Customer Experience Management
-Enterprise Infrastructure Management
-Asset Performance Management
-Remote Monitoring System
-Mobile Workforce Management
-Application Enablement Platform
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End Users Covered:
-Media and Entertainment
-Banking, Financial Services, and Insurance
-Telecommunications and IT
-Retail and Ecommerce
-Energy and Utilities
-Healthcare and Life Sciences
-Food & beverage
-Other End Users
-Rest of Europe
-Rest of Asia Pacific
-Rest of the World
11.2 Cisco Systems, Inc.
11.3 General Electric
11.4 Geographic Revenue Mix
11.5 HARMAN International
11.6 Honeywell International, Inc.
11.7 International Business Machines Corporation
11.8 Jacobs Engineering Group, Inc.
11.9 MachineShop Inc.
11.10 Microsoft Corporation
11.11 Parametric Technology Corporation, Inc. (Thingworx)
11.12 PTC Inc.
11.13 Robert Bosch GmbH
11.14 Rockwell Automation Inc.
11.15 Rockwell Automation, Inc.
11.16 Verizon Communications, Inc.
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