Enterprise Portal Market size was over USD 13.46 Billion in 2023 and is poised to exceed USD 60.13 Billion by the end of 2036, witnessing over 12.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of enterprise portal is evaluated at USD 14.94 Billion. The major factor for market growth during the forecast period is the rapid digitalization occurring in businesses along with the escalation in the usage of Internet services across the world.
Furthermore, it has been estimated that in the world, almost 65% of the population which is equivalent to around 5 billion uses the internet as of January 2023. This, in turn, is driving the demand for enterprise portals and aiding in the expansion of global enterprise portal size during the forecast period.
One of the major factors for the market growth of enterprise portal in the forecast period is the rising preference for powerful enterprise portals for daily operations to meet their specific business and industry requirements.
Author Credits: Abhishek Verma
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