Key Features:
This study provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players with the analysis of market size and growth rate.
It profiles leading players in the global social business intelligence market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology
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Key Market Trends
Small and Medium enterprises' business intelligence have become affordable For instance, in 2012, Zoho Corporation Pvt. Ltd. added Zoho Business Intelligence, which is a BI feature for Zoho CRM with Zoho report integration.
Increase in demand for location intelligence. For instance, in October 2014, Luciad, a Belgium-based software developing company, designed time dimension-based business intelligence to enhance location and its interactive user conference for BI.
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Market Opportunities
Positive attitude towards Hadoop can present significant business opportunity as it offers sufficient performance at a low price and manage various type of workloads such as graph analytic and stream processing.
Increasing use of in-memory analytics can propel excellent growth opportunities.
Statistics:
North America held dominant position in the global social business intelligence market in 2019, accounting for a value of 35.4% share, followed by Europe, APAC and RoW respectively
Key Developments
Key players in the market are focused on mergers and acquisitions to enhance the market presence. For instance, in June 2019, Logi Analytics Inc. acquired Zoomdata Inc., a data visualization firm.
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Detailed Segmentation:
Global Social Business Intelligence Market, By Deployment Type:
On-premise
Cloud-based
Global Social Business Intelligence Market, By Size of Enterprise:
Small Enterprise
Medium Enterprise
Large Enterprise
Global Social Business Intelligence Market, By Vertical:
BFSI
Healthcare and Life Science
Consumer Goods and Retail
Travel and Tourism
IT and Telecommunication
Media and Entertainment
Government
Others
Global Social Business Intelligence Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa