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Enterprise Portal Market Segmentation by Type (Information Portal, Collaborative Portal, and Application Portal); by Services {Enterprise Content Management Service (ECM), and Enterprise Collaboration Service (ECS)}; by End-User Industry (BFSI, IT & Telecom, Retail, and Others) – Global Demand Analysis & Opportunity Outlook 2031

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Global Enterprise Portal Market Highlights over 2022 – 2031

The global enterprise portal market is estimated to grow at a CAGR of ~18% over the forecast period, i.e., 2022 – 2031. Enterprise portals is similar to a general web portal, but is specific to organizations and businesses. It acts as a framework for integrating information, people and processes across organizations. The growth of the market can be attributed to the growing application of the big data coupled with the increasing penetration of the internet services across the globe. Moreover, enterprise portal gives a unified and secure gateway for information to the organization, which is further anticipated to boost the demand for the portals. The growing concerns amongst business institutions regarding data security is another major factor projected to hike the market growth. In fact, there were more than 78,000 cyberattacks per day in 2018, and it is estimated that over 25 million attacks happen per year globally. Besides, a research paper published by the University of North Georgia mentioned that 54% of the global organizations experience one or more attacks in 12 months. Such factors are estimated to boost the market growth.

Enterprise Portal Market

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The market is bifurcated by services into enterprise content management service and enterprise collaboration service. Out of these, the enterprise collaboration service segment is anticipated to hold a substantial share in the global enterprise portal market over the forecast period as organizations are focusing on building a safe channel for communication with clients and partners. Moreover, the increasing expenditure for cyber security by organizations, is estimated to boost the segment growth.

Major Macro-Economic Indicators Impacting the Market Growth

Research and Development Expenditure (% of GDP), 2015-2018

The never-ending growth in internet accessibility around the world along with numerous technological advancements comprising 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI) among others have significantly boosted the economic growth in the last two decades. As of April 2021, there were more than 4.5 billion users that were actively using the internet globally. Moreover, the growth in ICT sector has significantly contributed towards GDP growth, labor productivity, and R&D spending among other transformations of economies in different nations of the globe. Furthermore, the production of goods and services in the ICT sector is also contributing to the economic growth and development. As per the statistics in the United Nations Conference on Trade and Development’s database, the ICT good exports (% of total good exports) globally grew from 10.816 in 2015 to 11.536 in 2019. In 2019, these exports in Hong Kong SAR, China amounted to 56.65%, 25.23% in East Asia & Pacific, 26.50% in China, 25.77% in Korea, Rep., 8.74% in the United States, and 35.01% in Vietnam. These are some of the important factors that are boosting the growth of the market.

Global Enterprise Portal Market Regional Synopsis

On the basis of geographical analysis, the global enterprise portal market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific region is estimated to witness modest growth over the forecast period on the back of growing proliferation of tech-giants in the developing nations, along with the growing IT sector in the region. For instance, the IT services industry in the APAC region is projected to reach approximately USD 240 billion by the end of 2022.

The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the emergence of new industries, and up-surge in the cybercrimes. Moreover, the growing government expenditure in the IT sector is also expected to boost the market growth in the region. The U.S. government allocated approximately USD 86 billion for Information Technology in 2019.

Enterprise Portal Market Share

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The global enterprise portal market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

Market Segmentation

Our in-depth analysis of the global enterprise portal market includes the following segments:

By Type

  • Information Portal
  • Collaborative Portal
  • Application Portal

By Services

  • Enterprise Content Management Service (ECM)
  • Enterprise Collaboration Service (ECS)

By End-User Industry

  • BFSI
  • IT & Telecom
  • Retail
  • Others

Growth Drivers

  • Increasing Use of Big Data in Business Organizations
  • Growing Adoption of Cyber Security Services
  • Rising Penetration of Internet

Challenges

  • Limited Technical Know-How and Reliability
  • Constantly Bourgeoning Competitive Technology

Top Featured Companies Dominating the Market

  • Red Hat, Inc.
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis 
  • Verizon Communications Inc.
  • IBM Corporation
  • SAP SE
  • Pivotal Software, Inc.
  • DigitalOcean, Inc.
  • Ramco Systems Limited
  • Oracle Corporation
  • VMware, Inc.
  • Amazon Web Services, Inc.

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