Enterprise Portal Market 2019 to 2023 Booming Trends, Share, Growth Challenges, Key Players, Industry Segments & Competitors Analysis

“Enterprise Portal Market”
The report on the Global Enterprise Portal Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player’s market share analysis, competitive landscape and supply chain analysis.

Market Scope

The global enterprise portal market size is forecasted to touch USD 41 billion by 2023, as per the latest findings by Market Research Future (MRFR). It is likely to exhibit a 23% CAGR over the forecast period (2017-2023). Enterprise portals or enterprise information portals (EIP) are a platform for integrating information, processes, and people to access information on a common platform. In organizations, EIPs are a major help for employees accumulating data and getting updates on a regular basis. On the other hand, customers accessing these portals can travel with ease to attain information with the help of tabs.

Benefits of adopting enterprise portals such as cost-effectiveness and user-friendly environment are likely to positively augur market demand. Opportunities of inter-company collaboration to generate profits with ease is likely to bode well for the enterprise portal market. In addition, initiatives taken by chief information officers (CIOs) of prominent companies to streamline organization workflows are expected to elicit additional demand for the market in the coming years. But security concerns in organizations can hamper the market growth.

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Competitive Scenario

Vendors operational in the enterprise portal market include Microsoft, International Business Machines Corp, Red Hat, Inc., Tata Consultancy Services Limited, Infosys Limited, HCL Technologies Limited, Sitecore, Accenture Plc, Liferay, Inc, and Iflexion. Vendors are introducing new features to integrate latest software architectural models to attract clients. In-built features of easy search, personalization, and enterprise-grade security are expected to bring in significant revenue to the market.

Aggregation of Services

Big companies in need for managing their software licenses and assets are turning to EIPs to aggregate their services. Funding by venture capitalists are likely to encourage development of these portals. Recently, the cloud version of iPortalis can purchase and manage over 30 applications from popular software companies. The funding led by NorthEdge can assist the cloud services specialist, iPortalis, in expanding to new regions.

Segmentation Analysis

The Enterprise Portal Market is segmented by type, service, and vertical.

By type, it is segmented into information portal, application portal, and collaborative portal. The application portal is likely to gain a larger share of the market by 2023. But the collaborative portal is touted to exhibit a superior growth rate over the forecast period owing to the software able to transfer multiple files simultaneously and provide an open platform for communication. In addition, rise of international collaborative projects can bode well for the segment growth.

By service, it is segmented into enterprise content management service (ECM), enterprise collaboration service (ECS), and enterprise search service (ESS).

By vertical, it is segmented into healthcare, retail, government, IT & telecommunication, banking, financial services, and insurance (BFSI), and others. The retail vertical is likely to contribute the maximum to the enterprise portal market owing to rising competition among brick-and-mortar stores and ecommerce firms. The urgent need for a omnichannel presence to handle customer queries and offer personalized experiences is likely to trigger the need for enterprise portals.

Regional Analysis

North America is the most lucrative region for the enterprise portal market till 2023. This can be attributed to rapid adoption of latest software by major companies for streamlining their workflow. In addition, the availability of cloud has culminated in companies offering experiential services for their clients. Reduced operation costs and improved visitor hits are benefits which are likely to net in significant revenue. In addition, introduction of mobile solutions and chats to encourage employee productivity can cater to organizational needs tremendously.

The Asia Pacific region is expected to exhibit a robust CAGR over the forecast period owing to rapid development in economies of China and India. India is a technological hub host to various to software giants. Opportunities of digital transformation owing to various government initiatives as well as adoption of the software by companies owing to skilled personnel can provide opportunities for the market. In addition, emergence of various small and medium firms looking for digital solutions can work in the market’s favor.

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Intended Audience

  • Technology Investors
  • Research/Consultancy Firms
  • Industrial Automation Service Providers
  • Banks, Financial Institutions, Investors, and Venture Capitalists
  • Technology Investors
  • Governments and Financial Institutions
  • Analysts and Strategic Business Planners

TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

Continued……

LIST OF TABLES

Table 1 Global Enterprise Portal Market: By Region, 2017-2023

Table 2 North America Enterprise Portal Market: By Country, 2017-2023

Table 3 Europe Enterprise Portal Market: By Country, 2017-2023

Table 4 Asia Pacific Enterprise Portal Market: By Country, 2017-2023

Table 5 Rest Of The World Enterprise Portal Market: By Country, 2017-2023

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 2017, By Country (In %)

Continued…….

About Market Research Future:

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