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Connected Enterprise Market Analysis

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Connected Enterprise Market Size Forecast: How Big Could The Market Get By 2030?

The connected enterprise market has experienced significant expansion in recent years. It is anticipated to grow from $730.26 billion in 2025 to $964.61 billion in 2026, reflecting a compound annual growth rate (CAGR) of 32.1%. The growth observed in prior periods stems from the proliferation of enterprise digitization initiatives, increased implementation of ERP and MES systems, advancements in industrial automation, a heightened need for operational efficiency, and the accessibility of cloud-based enterprise solutions.

The connected enterprise market is expected to experience significant expansion in the upcoming years. It is projected to reach $2838.54 billion in 2030, demonstrating a compound annual growth rate (CAGR) of 31.0%. This growth during the forecast period can be attributed to increased investments in smart enterprise ecosystems, a rising demand for AI-driven insights, the broadening of remote monitoring capabilities, an enhanced focus on cybersecurity resilience, and the increasing convergence of IT and OT systems. Key trends identified for the forecast period include the expanding integration of enterprise-wide digital platforms, a growing adoption of real-time operational analytics, the increased deployment of IoT-based monitoring systems, the development of predictive asset management solutions, and a stronger emphasis on cross-functional data visibility.

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Connected Enterprise Market Demand Drivers: What’s Powering Industry Growth?

The global expansion of 5G networks is anticipated to stimulate the growth of the connected enterprise market in the future. As the 5th generation mobile network, 5G provides enhanced speed and responsiveness for wireless communications. Its superior speed, bandwidth, and reduced latency enable enterprises to achieve a more robust connected experience, offering expanded capabilities to customers and associates, thereby continuously improving customer satisfaction. For example, in September 2024, data from IoT Analytics, a Germany-based business intelligence firm specializing in IoT, AI, Cloud, Edge, and Industry 4.0, revealed that public 5G accounted for 95% of worldwide 5G IoT connections. Furthermore, 1.28 million private 5G connections constituted 5% of the total 5G IoT connections share. Moreover, 51% of businesses adopting IoT intend to raise their IoT budget in 2024, with 22% of firms projecting a budget increase exceeding 10% compared to 2023. Consequently, the widespread adoption of 5G is fueling growth within the connected enterprise market.

Connected Enterprise Market Segment Analysis And Revenue Potential

The connected enterprise market covered in this report is segmented –

1) By Type: Manufacturing Execution System, Customer Experience Management, Enterprise Infrastructure Management, Asset Performance Management, Remote Monitoring System, Other Types

2) By Offering: Solutions, Services

3) By End-User: Manufacturing, IT and Telecommunication, Retail and E-commerce, BFSI, Healthcare, Energy and Utility, Other End-Users

Subsegments:

1) By Manufacturing Execution System (MES): Real-Time Monitoring, Production Scheduling

2) By Customer Experience Management (CEM): Customer Feedback Solutions, Omni-channel Engagement Platforms

3) By Enterprise Infrastructure Management: Network Management, Data Center Management

4) By Asset Performance Management: Predictive Maintenance, Asset Tracking Solutions

5) By Remote Monitoring System: IoT-Based Monitoring, Cloud-based Monitoring

6) By Other Types: Supply Chain Management, Workforce Management Solutions

Connected Enterprise Market Innovation Trends: What Developments Are Reshaping The Industry?

Leading companies in the connected enterprise market are advancing technology, including the AI-connected enterprise. An AI-connected enterprise signifies a business ecosystem where all operational areas are digitized and linked through integrated technology utilizing artificial intelligence. As an illustration, in May 2023, Grammarly, a US-based software company, unveiled its vision for the AI-connected enterprise of the future. The integration of new AI tools into Grammarly Business is intended to empower businesses to improve information access and utilization across their organizations, elevate team skills and productivity, and produce content with enhanced speed, relevance, and understanding.

Connected Enterprise Market Key Players Shaping Industry Direction

Major companies operating in the connected enterprise market are Cisco Systems Inc.; PTC Inc.; Microsoft Corporation; Robert Bosch GmbH; Honeywell International Inc.; General Electric Company; Accelerite; Verizon Communications Inc.; MindTree Ltd.; UiPath; HARMAN International; Jacobs Engineering Group Inc.; Wipro Limited; Telefonaktiebolaget LM Ericsson; Amdocs and FUJITSU; Atos SE; Capgemini SE; CGI Inc.; Cognizant Technology Solutions Corporation; DXC Technology Company; Hindustan Computers Pvt. Limited; International Business Machines Corporation; Infosys Limited; NTT DATA Corporation; Rockwell Automation Inc.; Tata Consultancy Services Limited; Tech Mahindra Limited; Vodafone Group Plc; SAP SE.

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Connected Enterprise Market Regional Analysis: Which Geography Leads On Revenue?

North America was the largest region in the connected enterprise market in 2025.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the connected enterprise market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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