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Intranet Service Market Growth Projections and Opportunities
The global market for intranet-as-a-service was worth USD 139 million in 2018 and is expected to reach USD 6.10 billion by the end of 2025, growing at a rate of 70.3% from 2019 to 2025. This growth is fueled by factors like more companies using intranet solutions for employee engagement and a rising need for digital workspaces in businesses. As more companies emerge in places like Asia-Pacific, South America, and the Middle East and Africa, there's a higher demand for intranet-as-a-service in these regions.
In terms of what's being offered, solutions made up a bigger part of the market at 78.2% in 2017, with a value of USD 66.7 million. It's expected to keep growing at a rate of 69.2%. The services part of the market, valued at USD 18.6 million, is projected to grow at a higher rate of 73.9%. Among the solutions, mobile intranet was the largest segment at 41.7% in 2017, with a value of USD 27.8 million, expected to grow at a rate of 66.4%. Document management was the second-largest at USD 14.1 million, with a projected growth rate of 69.4%. However, social intranet is expected to grow the most at 77.6%.
Looking at services, professional services made up a larger part at 70.9% in 2017, with a value of USD 13.2 million, growing at a higher rate of 74.5%. Managed services were valued at USD 5.4 million, growing at a rate of 72.5%.
In terms of organization size, small and medium-sized enterprises (SMEs) made up a bigger part at 57.0% in 2017, with a value of USD 48.6 million, expected to grow at a rate of 70.9%. Large enterprises were valued at USD 36.7 million, with a projected growth rate of 69.4%.
Looking at different industries, the IT and telecom segment was the largest at 30.9% in 2017, with a value of USD 26.3 million, growing at a rate of 69.7%. Other segments were valued at USD 15.2 million, growing at a rate of 71.5%. The education segment is expected to grow the most at 74.6%.
Region-wise, North America led the market with the largest share at 36.11% in 2017, with a value of USD 30.8 million, expected to grow at a rate of 63.8%. Europe was the second-largest market in 2017, valued at USD 25.8 million, and expected to grow at a rate of 72.1%.
Covered Aspects:| Report Attribute/Metric | Details |
|---|---|
| Growth Rate | 12.4% (2022-2032 |
Intranet Service Market Highlights:
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