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The Connected Enterprise Market size was valued at USD 287.8 billion in 2022 and is anticipated to register a CAGR of over 28.5% between 2023 and 2032. Advancements in the Internet of Things (IoT) solutions are fueling the market growth, as organizations are increasingly leveraging these solutions to stay competitive and adapt to the changing business landscapes. The expansion of remote work environments is expected to significantly fuel the market size, as companies are investing in IoT solutions and advanced connectivity solutions to ensure seamless communication & collaboration. Cybersecurity threats and privacy concerns are the significant challenges in the connected enterprise market.