How big is the connected enterprise market | Segmentation & Trends 2031

Q: What is the current size of the connected enterprise market?

The connected enterprise market was valued at USD 50 Billion in 2024 and is projected to reach USD 85 billion by 2031.

Q: What is the growth rate of the connected enterprise market?

The market is anticipated to grow at a CAGR of 5.30 % between 2025 and 2031.

Q: Which components contribute the most to the connected enterprise market?

IoT platforms, digital twins, ERP/CRM integrations, and analytics tools are key contributors.

Q: What is driving demand in the connected enterprise market?

Demand is driven by the need for real-time operations, AI-led decision support, and integrated system platforms.

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Code: MTA5942

Publication Date: Jul 2025

How big is the Connected Enterprise Market?

According to 6Wresearch internal database and industry insights, the Global Connected Enterprise Market was valued atUSD 50 Billion in 2024 and is expected to reachUSD 85 Billion by 2031, growing at a compound annualgrowth rate of 5.30% during the forecast period (2025-2031).

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The market is expanding steadily due to widespread adoption of IoT, cloud computing, and integrated digital platforms in enterprise environments.

Key Growth Drivers of the Connected Enterprise Market

Accelerating digital transformation and Industryâ€¯4.0 initiatives
Rising adoption of IoT devices, edge computing, and AI analytics
Growing demand for integrated ERP, CRM, and supply chain platforms
Rising need for real-time visibility and proactive business operations
Expansion of cybersecurity investments and remote workforce enablement

Connected Enterprise Market Trends

The connected enterprise market is witnessing rapid growth driven by seamless integration of disparate systems through IoT, AI, and cloud-based platforms. Smart manufacturing, predictive asset management, and automated workflows are increasingly implemented to boost operational efficiency. Digital twins and real-time analytics are enabling enterprises to simulate business scenarios and forecast outcomes accurately. Collaboration tools and intelligent automation are enhancing productivity across departments.

Emerging Developments in the Connected Enterprise Market

The connected enterprise market of the connected enterprise is changing and with the emergence of edge AI platforms, they perform the processing of data on-site to acquire real-time insights and consume less bandwidth. The business firms are investing in operation running based on digital twins, AI-based decision support systems. Predictive maintenance and dynamic resource allocation are emerging as a result of integration of data on IoT devices with ERP/CRM applications. The best relationships between system integrators and tech providers are providing plug and play connected enterprise frameworks.