Global Social Business Intelligence (BI) Market Anticipated for Progressive CAGR Growth During 2018-2025

Software

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In the past few years, the global market for Social Business Intelligence (BI) has witness a number of changes. This study is an attempt to understand the impact of these changes on the Social Business Intelligence (BI) market across the world.

Business intelligence software is an important tool or application used by organizations to analyze data and make improved real-time market decisions. Traditionally, business intelligence was used only for reporting, designing dashboards, and resolving queries. Its goal was to track key business performance and metrics.

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During 2017 the cloud-based social intelligence solutions segment accounted for almost 70% of the total share of the market and dominated the industry. Cloud-based solutions come with a regular minimal payment and eliminates the need for making a large one-time investment and also the periodic expenses for maintenance and updates. Predictable expenses, no requirement of a powerful local server, minimal requirement of skilled personnel, and free upgrades are additional benefits that will induce more businesses to prefer hosted business intelligence solutions in the next few years.

The enterprises segment dominated the social business intelligence market during 2017. This segment includes several industries such as retail, IT, BFSI, healthcare, and telecommunication. These industries use business intelligence for predictive analysis as it helps them in segmenting products and services based on the preference of their customers. The higher adoption of business intelligence software by SMEs, the rise in a number of online retail customers, and the favorable government policies in the healthcare and BFSI industries will drive the growth of this market segment.

In 2018, the global Social Business Intelligence (BI) market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Social Business Intelligence (BI) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Social Business Intelligence (BI) development in United States, Europe and China.

The key players covered in this study
IBM
Oracle
SAP
SAS Institute
Adobe Systems
Attensity Group
Beevolve
Clarabridge
Crimson Hexagon
Evolve24
Google
HP

Market segment by Type, the product can be split into
On-premises
Cloud

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Market segment by Application, split into
SMEs
Large Enterprises
Government Organizations

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:

To analyze and study the global Social Business Intelligence (BI) capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Social Business Intelligence (BI) manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Social Business Intelligence (BI) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders

Social Business Intelligence (BI) Manufacturers
Social Business Intelligence (BI) Distributors/Traders/Wholesalers
Social Business Intelligence (BI) Subcomponent Manufacturers
Industry Association
Downstream Vendors

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