Published Date: 21-Feb-2023
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According to a new report, published by KBV research, The Global Enterprise 2.0 Technologies Market size is expected to reach $100 billion by 2028, rising at a market growth of 25.4% CAGR during the forecast period.
The BFSI segment is showcasing a CAGR of 25.2% during (2022 - 2028). This is the result of the rising communication overhead. There is rising usage of cloud-based services in the BFSI sector than others. Enterprise 2.0 technologies provide innovation and knowledge management to marketing and communicating with suppliers and customers. Also, there is a rise in the automation and digitalization of banking institutions to ease various banking procedures to give a better consumer experience. These benefits of the enterprise 2.0 technologies market are expected to boost market growth.
The Large Enterprises segment is leading the Global Enterprise 2.0 Technologies Market by Enterprise Size in 2021 thereby, achieving a market value of $72.8 billion by 2028. This is because of the adoption of enterprise 2.0 technologies to enhance and protect creativity and secure information sharing. These enterprises are increasing investments in the centralization and advancement of IT infrastructure which is expected to give productive pathways. The advantages of enterprise 2.0 technologies to large enterprises, like safe information sharing, are expected to surge the segment’s expansion in the projected period.
The Really Simple Syndication (RSS) segment has shown the growth rate of 25.1% during (2022 - 2028). The growth is attributed to it pushing information to individuals utilizing a subscription model. It is similar to a magazine subscription; users can subscribe to a blog or other social tools while allowing the same to employees, business partners, and customers. RSS lets the organization keep others informed about the changes and updates, avoiding relying on e-mail for sharing information. The ability to update on its own while removing the need for e-mail sharing information and its other benefits is expected to propel the segment’s growth.
The North America market dominated the Global Enterprise 2.0 Technologies Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $38.8 billion by 2028. The Europe market is exhibiting a CAGR of 25.1% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 26.4% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/enterprise-2-technologies-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of IBM Corporation, SAP SE, Oracle Corporation, Dell Technologies, Inc., Cisco Systems, Inc., Microsoft Corporation, Avaya Inc. (Avaya Holdings Corp.), Enghouse Systems Limited (Dialogic Corporation), Vonage Holdings Corp. (Ericsson AB), and CafeX Communications, Inc.
By Enterprise Size
Unique Offerings from KBV Research
North America Enterprise 2.0 Technologies Market Future Scope & Opportunities 2022-2028
Europe Enterprise 2.0 Technologies Market Size & Growth Forecast 2022-2028
Asia Pacific Enterprise 2.0 Technologies Market Size, Share & Industry Outlook to 2028
LAMEA Enterprise 2.0 Technologies Market Growth, Trends & Forecasts 2022-2028