Global Enterprise Portals Market - Trends & Forecast, 2015-2020
"The Global Enterprise Portals market is estimated to reach $9.8 billion in 2015 at a CAGR of 23.3% during the period (2015-2020)"- according to the Infoholic Research. In 2015, 20-35% of the global enterprises will use the open source frameworks, and huge spending on enterprise portals services.
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"Enterprise portals market has seen moderate growth in North America and Europe regions, but few regions such as Lain America and Middle East & Africa are expected to be the fastest growing markets in 2020 as compared to 2015" Said Tariq Shaik, Research Operations.
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The Enterprise portals adoption has been increasing every year in all verticals, such as BFSI, government, telecom, healthcare, retail, manufacturing, transportation and others verticals and contribute a positive growth in 2015 and expected the same growth by 2020 as well. BSFI has seen positive growth in the previous years and expected to grow at a CAGR of 22.8% by 2020.
Essential Take Away:
- Enterprise portal market share is expected to contribute 25.1% by 2020, up by 3.6% from 2015.
- North America market region is estimated to reach 20.3% throughout 2015 till 2020.
- Retail vertical is an emerging market for enterprise portal market and estimated to reach at a CAGR of 25% by 2020.
- Application portals market will have a higher market share and adoption in all the verticals, and expected to reach a CAGR of 18.7% from 2015 to 2020.
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