The Europe Enterprise 2.0 Technologies Market would witness market growth of 25.1% CAGR during the forecast period (2022-2028).
Instead of one-way communication, the company talking to the visitor on the site, enterprise 2.0 lets the user implement a multiparty conversation to share information and manage knowledge outside and inside the organization utilizing wikis, blogs, etc. The link among such tools is the ability of the person involved to participate in and control the process. At the same time, they share information, work together and make networks of people with the same interests.
Tools to enable such functions have been there for a long time. If they are more straightforward, they are more likely to be utilized, an essential component for knowledge management. This provides new hope to the idea of sharing information and managing knowledge. Instead of striving to implement massive, all-encompassing enterprise comprehensive systems, the more straightforward web-based tools under the enterprise 2.0 umbrella strip away the complexities of the older technologies while taking forward the ideas.
Germany has one of the largest ICT industries and the most significant software market in Europe. There is a strong need for foreign products and services across all segments. Major key players like Apple and Microsoft also have a significant share in Germany’s ICT industry. There are also highly specialized SEMs. The revenue for various IT subsectors was around 45.3 billion in IT services, USD 34.9 billion in IT-Hardware, and USD 34.1 billion in the software subsector. Since 2007, the net revenue in the IT sector has increased from USD 76.4 billion to an estimated USD 114.3 billion in 2021. The ever-growing IT sector in the region and the sales for various IT services will surge the utilization of enterprise 2.0 technologies to communicate better and understand the need and requirements of consumers, which will propel the market growth in Europe.
The Germany market dominated the Europe Enterprise 2.0 Technologies Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $6,286.5 million by 2028. The UK market is anticipated to grow at a CAGR of 24.2% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 26.1% during (2022 - 2028).
Based on Vertical, the market is segmented into IT & Telecom, BFSI, Manufacturing, Healthcare, and Others. Based on Enterprise Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on Platforms, the market is segmented into Wikis, Blogs, Really Simple Syndication (RSS), Mashups, Online Communities, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Enterprise 2.0 Technologies Market will Hit $100 Billion by 2028, at a CAGR of 25.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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 Vertical
By Enterprise Size
By Platforms
By Country
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