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Enterprise 2.0 Technologies Market Size, Share & Trend Estimation Reports By Type Outlook (Homegrown, Free, Purchased, Other), By Application Outlook (Electronics, Industrial, Media, Other), By Region and Forecasts 2022-2030.
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
- Dell Inc.
- Cisco Systems Inc.
- IBM CORPORATION
- Oracle Corporation
- SAP SE
- CafeX Communications Inc
- Vonage Holdings Corp.
- Microsoft Corporation
- Avaya Inc
- Others.
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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.
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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.
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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.
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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.
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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:
- In terms of recent developments, there have been several notable acquisitions in the enterprise 2.0 technology market. In 2021, Salesforce acquired popular team collaboration platform Slack for $27.7 billion. The acquisition is expected to strengthen Salesforce's position in the enterprise software market and enable Salesforce to offer its customers a more complete suite of collaboration tools.
- In 2020, Atlassian, a leading provider of collaboration and productivity software, acquired Mindville, a Swedish-based asset and configuration management company. The acquisition is expected to strengthen Atlassian's capabilities in the IT service management market.
- In addition to acquisitions, there have been several product launches and updates in the Enterprise 2.0 technology marketplace. For example, in 2021 Microsoft launched Viva, a new employee experience platform that integrates with Microsoft Teams and other Microsoft 365 applications to provide employees with a personalized and engaging experience.
By Type:
- Homegrown
- Free
- Purchased
- Other
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
- Industrial
- Media
- Other
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.
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Belgium
- The Netherlands
- Luxembourg
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Benelux Union
- Rest of Europe
- Asia-Pacific
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Significant Market Dynamics:
The following are some of the key dynamics of the enterprise 2.0 technologies market:
- The increasing adoption of cloud computing: Cloud computing is making it easier and more affordable for enterprises to adopt enterprise 2.0 technologies. This is because cloud-based solutions are typically more scalable and easier to manage than on-premises solutions.
- The growing need for collaboration and communication: Enterprises are increasingly looking for ways to improve collaboration and communication within their organizations. Enterprise 2.0 technologies can help enterprises to achieve this by providing tools for real-time communication, file sharing, and knowledge sharing.
- The increasing focus on knowledge sharing and learning: Enterprises are increasingly recognizing the importance of knowledge sharing and learning. Enterprise 2.0 technologies can help enterprises to achieve this by providing tools for knowledge sharing, collaboration, and training.
The following are some of the key restraints of the enterprise 2.0 technologies market:
- Security and privacy concerns: Some enterprises are reluctant to adopt enterprise 2.0 technologies due to security and privacy concerns. This is because enterprise 2.0 technologies often involve the sharing of sensitive data.
- Lack of awareness: Some enterprises are not aware of the benefits of enterprise 2.0 technologies. This can be a barrier to adoption.
- Lack of expertise: Some enterprises do not have the expertise to implement and manage enterprise 2.0 technologies. This can also be a barrier to adoption.
The following are some of the key trends in the enterprise 2.0 technologies market:
- The increasing adoption of social media: Social media is becoming increasingly popular in the enterprise environment. This is because social media can be used to improve collaboration, communication, and knowledge sharing.
- The increasing use of mobile devices: Mobile devices are becoming increasingly popular in the enterprise environment. This is because mobile devices can be used to access enterprise 2.0 technologies from anywhere.
- The increasing focus on big data: Big data is becoming increasingly important in the enterprise environment. This is because big data can be used to improve decision-making, customer service, and other business processes.
The following are some of the key challenges of the enterprise 2.0 technologies market:
- Security and privacy: Security and privacy are always a concern when it comes to sharing information online. Enterprise 2.0 technologies make it easier for people to share information, so it's important to take steps to protect that information.
- Culture: Not all organizations are ready for the openness and collaboration that enterprise 2.0 technologies can bring. It's important to make sure that your organization is ready for the change before you adopt these technologies.
- Training: Enterprise 2.0 technologies can be complex, so it's important to train your employees on how to use them effectively.
The following are some of the key opportunities in the enterprise 2.0 technologies market:
- The growing demand for collaboration and communication: The growing demand for collaboration and communication within enterprises is a major opportunity for the enterprise 2.0 technologies market.
- The increasing focus on knowledge sharing and learning: The increasing focus on knowledge sharing and learning within enterprises is another major opportunity for the enterprise 2.0 technologies market.
- The increasing adoption of social media: The increasing adoption of social media in the enterprise environment is a major opportunity for the enterprise 2.0 technologies market.
- The increasing use of mobile devices: The increasing use of mobile devices in the enterprise environment is a major opportunity for the enterprise 2.0 technologies market.
The following are some of the key drivers of the enterprise 2.0 technologies market:
- The increasing adoption of cloud computing: Cloud computing is making it easier and more affordable for enterprises to adopt enterprise 2.0 technologies. This is because cloud-based solutions are typically more scalable and easier to manage than on-premises solutions.
- The growing need for collaboration and communication: Enterprises are increasingly looking for ways to improve collaboration and communication within their organizations. Enterprise 2.0 technologies can help enterprises to achieve this by providing tools for real-time communication, file sharing, and knowledge sharing.
- The increasing focus on knowledge sharing and learning: Enterprises are increasingly recognizing the importance of knowledge sharing and learning. Enterprise 2.0 technologies can help enterprises to achieve this by providing tools for knowledge sharing, collaboration, and training.
- The increasing adoption of social media: Social media is becoming increasingly popular in the enterprise environment. This is because social media can be used to improve collaboration, communication, and knowledge sharing.
- The increasing use of mobile devices: Mobile devices are becoming increasingly popular in the enterprise environment. This is because mobile devices can be used to access enterprise 2.0 technologies from anywhere.
- The increasing focus on big data: Big data is becoming increasingly important in the enterprise environment. This is because big data can be used to improve decision-making, customer service, and other business processes.
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
- Estimate Enterprise 2.0 Technologies market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
- Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
- Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
- Get a quick viewpoint on the Enterprise 2.0 Technologies market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
- Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
- Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Study the sales and distribution channels over key geographies to improve top-line revenues.