Enterprise Portal Market Share

North American Market Forecast

North America industry is estimated to dominate majority revenue share of 35% by 2037. The major factors attributed to the growth of the market in the region are the adoption of cloud-based services and the introduction of advanced technologies, such as artificial intelligence and analytics to maximize efficiency and productivity by automating mundane tasks, reducing the need for physical storage, and improving enterprise data security.

Also, the well-established IT infrastructure, the presence of the expanding IT sector, and the availability of skilled professionals are positively contributing to market growth during the analysis period.

APAC Market Statistics

The enterprise portal market in the Asia Pacific is estimated to account for a major market share of 25% over the forecast period on the back of the growing proliferation of tech giants in developing nations, along with the growing IT sector in the region. For instance, the IT services industry in the APAC region is projected to reach approximately USD 240 billion by the end of 2022.

Further, rapid urbanization has led to digitalization which has increased the dependence on digital solutions to manage their data and content, as this helps them to be more efficient, reduce costs, and improve customer experience.