Model-Based Enterprise Market Size to grow by USD 11.25 bn | Evolving Software Capabilities to Improve Market Growth | Technavio
NEW YORK, Nov. 24, 2021 /PRNewswire/ -- The model-based enterprise market is set to grow by USD 11.25 bn, progressing at a CAGR of 15.44% from 2020 to 2025. Technavio offers in-depth market insights that assist global businesses in obtaining growth opportunities.
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The model-based enterprise market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
The report covers the following areas:
Model-Based Enterprise Market 2021-2025: Segmentation
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Model-Based Enterprise Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the model-based enterprise market include Anark Corp, Aras Corp., Autodesk Inc., Dassault Systemes SE, General Electric Co., HCL Technologies Ltd., Oracle Corp., PTC Inc., SAP SE, and Siemens AG. Backed with competitive intelligence and benchmarking, our research report on the model based enterprise market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Factors such as evolving software capabilities, rising adoption of IoT and cloud-based platforms, and cloud-based MBE capable of lowering costs by eliminating the need for infrastructure investments will offer immense growth opportunities. The evolving software capabilities will offer immense growth opportunities. However, the threat to data security will hamper the market growth.
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Model-Based Enterprise Market 2021-2025: Regional Analysis
Technavio's market forecast report offers an up-to-date analysis of the geographical composition of the market as well as competitive intelligence and regional opportunities for vendors. According to our analysis, 36% of the market's growth is expected to originate from North America during the forecast period. Moreover, the US is a key country for the model-based enterprises market in North America. The region has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The rising adoption of IoT and cloud-based platforms will facilitate the growth of the model-based enterprise market in North America during the forecast period.
Model-Based Enterprise Market 2021-2025: Key Highlights
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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