Intranet as a Service Market Analysis, Drivers, Opportunities, Trends, Applications, And Growth Forecast To 2027
Intranet as a Service Market Scenario:
The crippling effect of the
global COVID-19 pandemic has detained the growth potential of the Intranet as a Service Market. This MRFR report on the
Intranet as a Service Market indicates critical pointers that may emerge as
growth hubs in the future. Moreover, in-depth data analysis is estimated to
offer a clearer growth perspective to market participants.
Comprehensive enlightenment
is given to the Global Intranet as a Service Market analysis through an
extensive market report published by Market Research Future (MRFR), addressing
growth to be recorded at a CAGR of 14.2% during the forecast period. At this growth
rate, the market is set to reach USD 25.5 billion by 2024, attributing to the
rising adoption of cloud-based intranet solutions and more emerging factors.
Later in 2018, the market owned a valuation of USD 10.1 billion as per demand,
production volume, and sales revenue. At present, the growing aspects of the
market will be measured on the same-- demand, production volume, and sales
revenue and predict the future timeframe of the market.
Market analysts
have split the market into region, offerings, organization size, and vertical
segments based on products and services. Computer network based companies have
been profiled. The rising need for corporate communications and IT assistance
is set to affect the global market during the forecast period 2020 to 2027. The
report also provides the market’s performance forecasts till 2027. Analysts
have studied the strategy of computer network segment based organizations to
help new entrants and established businesses.
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Top
Drivers and Barriers
The Intranet as a Service market has been reporting
generous growth rates with considerable CAGR for the past decade long progress.
As per the study conducted, the Intranet as a Service market can expand more
vigorously during the assessment period, and further also influence the global economic
structure with a higher revenue share, estimates MRFR. The Intranet as a
Service market also holds the potential to impact its peers as the growth rate
of the market is being stimulated by escalating product demand, emergent
disposable incomes, raw material affluence, innovative products, and changing
consumption technologies.
The study has been focusing on the fact that numerous companies
are investing in Intranet as a Service. Enterprise intranet is a computer
network that is being highly used for sharing computing services, collaboration
tools, and corporate information within the enterprise. The system permits
particular users to access information from outside the enterprise network. It
is majorly the multinational IT companies, media & entertainment companies,
and banks that have immense usage of Intranet as a Service to connect their
offices worldwide. Intranet as a Service helps enterprises to advance internal
communication among the employees within an office or across multiple
locations. These factors altogether show that how immense potential does
Intranet as a Service carry, which is taking its market to grow leaps and
bounds globally. Also, looking at these factors, it could be firmly estimated
that the global Intranet as a Service will have the brightest valuation over
the assessment period as it has never in the previous years.
On the other hand, more factors such as the rising adoption of
cloud computing technology among enterprises for storing and accessing data on
a cloud platform are also highly anticipated to motivate the growth of the
market. The beneficiary acclaimed from cloud storage is that it firmly offers
collaborative features and aid enterprises to enhance its operational
activities. In fact, the mounting use of cloud-based communication within
enterprises is also ready to increase the adoption and demand for intranet
services during the review period of the growth. Enterprises are now
emphasizing on cloud solutions to enhance the performance of process execution.
In
spite of these beneficial factors, some hindering factors have also been
studied in MRFR’s analysis, which directs towards employee resistance to adopt
modern technologies across the emerging economies, lack of skill set, and
rising unstructured data from individual customers as well as enterprises.
These factors are somehow becoming more active and impacting the intranet as a
service market’s growth sluggishly during the assessment period.
Competitive Outlook:
The Attollo Group Ltd. (UK),
Akumina, Inc. (US), Perficient, Inc. (US), Powell Software (France), Beetroot
AG (Switzerland), HUBFLY (US), Happeo (Finland), Aurea, Inc. (US), Elastic
Solutions (Poland), Withum Smith+Brown, PC. (US), DevFacto (Canada), Livetiles
Limited (US), Involv (France), Wizdom (Denmark), and ElevatePoint (US) are some
of the affluent contenders holding sizeable intranet as a service market share.
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Segmentation:
· The computer network sector
has seen growth across region, offerings, organization size, and vertical
segments owing to the increasing spending power of consumers and a rise in
disposable income. To study the market, analysts have further segmented region,
offerings, organization size, and vertical into solutions and services on the
basis of offerings. The market is further segmented into services sub segment which
is split into professional services (consulting services, deployment &
implementation services, and other support services) and managed services.
Additionally, the Intranet as a Service market on the basis of organization
size is segmented into small & medium enterprises and large enterprise
segments. Based on verticals, the market is segmented into BFSI, education,
government & defense, manufacturing, media & entertainment, travel
& hospitality, IT & telecom, and others.
· The segmental analysis presented
in the report provides computer network field based organizations insights into
key growth factors such as the rising number of SMEs across the world as well
as challenges such as changing trends in networking technologies the market
will face from 2019 to 2025. Workflow vendor service and enterprise
collaboration tools and the rising industrialization are some of the key
factors having an influence on computer network industry based companies,
suggest analysts as per the Intranet as a Service market report. But the report
also identifies demand and supply gaps and the lack of demand from certain
regional markets as major threats companies in computer networks will face till
2025.
Regional
Analysis:
Computer network
market based companies in the Intranet as a Service market are functioning
across North America, Europe, Asia Pacific, the Middle East, and Africa
including the rest of the world. The surging usage across different industries
will be a key growth driver for regional markets. However, the lack of R&D
investments will turn out to be a threat. For the forecast period 2019 to 2025
each of these regional markets are studied in the report. Starting from North
America, the regional market and computer network vertical based companies are
spread across the United States, Canada, and Mexico.
The lack of investments will turn out to be a
major challenge from 2019 to 2025. Parts of the European market covered in the
report are regional markets spread across the United Kingdom, France, Italy,
and Germany. The market in the region will be benefitted by the increasing
preference of consumers as well as the rise in distribution channels, suggests
the report. Similarly, the computer network sector’s segmental analysis for the
Asia Pacific region covers India, Japan, China, and others. For the rest of the
world, the research report for the Intranet as a Service market covers the
Middle East and Africa. Forecast based on the report’s findings are presented
for the forecast period till 2025.
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Table
of Contents:
1
Executive Summary
2
Market Introduction
2.1. Definition
2.2. Scope Of The Study
2.3. Market Structure
3
Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Application
3.6. List Of Assumptions
LIST
OF TABLES
Table 1 List Of Assumptions
Table 2 Global Intranet As A Service Market, By Offering, 2020–2027 (Usd
Million)
Table 3 Global Intranet As A Service Market, By Organization Size,
2020–2027 (Usd Million)
Table 4 Global Intranet As A Service Market, By Vertical, 2020–2027 (Usd
Million)
LIST
OF FIGURES
Figure 1 Market Synopsis
Figure 2 Research Process Of Mrfr
Figure 3 Top Down & Bottom-Up Approach
Continued….
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