Market Overview
The diversification in client requirements is promoting the growth of the enterprise portal market. Reports that inspect the information and communication technology industry have been offered by Market Research Future, which makes reports on industry verticals that appraise the market expansion and prospects. The market is projected to gain a CAGR of 23 % in the forecast period.
The focus on strategy development in the corporate sectors is projected to boost the enterprise portal market. Also, the need to maintain cost-effectiveness is projected to bolster the market for enterprise portal in the coming period. Moreover, the user-friendly feature of enterprise portals is spurring the development of the enterprise portal market around the world. The improvement in server performance is anticipated to encourage the enterprise portal market in the coming period further.
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Segmental Analysis
The segmental study of the enterprise portal market is carried out on the basis of service, type, region, and vertical. The type segment of the enterprise portal market consists of collaborative portal, information portal, and application portal. The application portal of the enterprise portal market is segmented into customer portal, employee portal, supplier portal, and other portals. On the basis of service, the enterprise portal market consists of Enterprise Collaboration Service (ECS), Enterprise Content Management Service (ECM), and Enterprise Search Service (ESS). Based on the vertical, the enterprise portal market is segmented into government, IT & telecommunication, BFSI, healthcare, retail, and others.
Key Players
The noticeable contenders in the Enterprise Portal Market globally are Liferay, Inc (U.S.), International Business Machines Corp (U.S.), Iflexion (U.S.), Sitecore (Denmark), Red Hat, Inc. (U.S.), Tata Consultancy Services Limited (India), Infosys Limited (India), HCL Technologies Limited (India), Accenture Plc (Ireland), Microsoft (U.S.) and others.
Detailed Regional Analysis
The enterprise portal market covers regions such as Asia Pacific, North America, Europe, others. The incidence of the foremost technology goliaths in the region is the main factor boosting the enterprise portal market development. It has been observed that the North American regional market is projected to develop at the highest CAGR in the enterprise portal market globally. The upsurge in the manufacturing and automotive industry in the region is enhancing the enterprise portal market. The market for enterprise portals in the Asia Pacific region is projected to develop with the highest CAGR. Due to the fast application of progressive technology, well-established trade center, and the increasing competition among market companies.
Industry Updates
Sep 2019 First Bank of Nigeria Limited, Nigeria’s leading and best financial services supplier, has revealed its educational solution FirstEdu specifically designed to improve the educational amenities in schools. The FirstEdu product comprises of FirstEdu portal and FirstEdu loan. FirstEdu portal is a segmental and robust web-based enterprise portal that allows tertiary educational organizations to oversee administrative, academic, logistics, professional, and payment challenges.
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Competitive Analysis
The geopolitical conflicts and strategies are further intensified by the power tussles in international governments. The developments in the manufacturing sector in terms of equipment and facility space are expected to bolster the market’s development in the forecast period. The market is right now experiencing a chapter of dramatic developments. The formation of beneficial commerce strategies by quite a few countries is anticipated to amend the market’s growth perspective. The market’s development is dictated by the influence of market forces at play. The revolution noticed in the economies of numerous emerging nations is anticipated to push the market’s development in the forecast period. The need to stabilize the market conditions is expected to be a primary concern in the period of the forecast. Also, the consumer trends are anticipated to boost the market expansion in the coming years.
LIST OF TABLES
Table 1 Global Enterprise Portal Market: By Region, 2018-2023
Table 2 North America Enterprise Portal Market: By Country, 2018-2023
Table 3 Europe Enterprise Portal Market: By Country, 2018-2023
Table 4 Asia Pacific Enterprise Portal Market: By Country, 2018-2023
Table 5 Rest Of The World Enterprise Portal Market: By Country, 2018-2023
Continued…….
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LIST OF FIGURES
FIGURE 1 Global Enterprise Portal Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Enterprise Portal Market
FIGURE 4 Value Chain Of Global Enterprise Portal Market
FIGURE 5 Share Of Global Enterprise Portal Market In 2018, By Country (In %)
Continued……
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