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Competitive Intelligence Tools Market will Record Rapid Growth, Emerging Trend, Industry Analysis till 2029 with COVID-19 Impact | Alphabet Inc. (Google LLC), Crunchbase, SEMrush, Owler, Alexa Internet, Inc., Comintelli, Talkwalker

02-24-2022 12:00 PM CET | IT, New Media & Software

Press release from: Fortune Business Insights™

Competitive Intelligence Tools Market

Competitive Intelligence Tools Market

Competitive Intelligence Tools Market 2022-2029

New study report" Competitive Intelligence Tools Market 2022 Market Opportunities, Challenges, Strategies, and Forecasts 2029″ has been added to Fortune Business Insights.

Market Overview:

The global competitive intelligence tools market size is expected to reach USD 82.0 million by 2029, exhibiting a CAGR of 10.3% during the forecast period. The market size stood at USD 37.6 million in 2020.

At the beginning of a recently published report on the Competitive Intelligence Tools Market 2022-2029, extensive analysis of the industry has been done with an insightful explanation. The overview has explained the potential of the market and the role of key players that have been portrayed in the information that revealed the applications and manufacturing technology required for the growth of the Competitive Intelligence Tools market.

Various segments of the market have been divided into different divisions. They have been depicted maximum share and profit maximization of the market during the forecasting period of 2022 to 2029. This is mentioned in the report too. Depending on the information, it has been recognized with different data and figures offered by the analysis of the overall understanding of the market place and value. Various distinctive features involve the market's knowledge based on the factors like the demographic changes, market dimensions, historical details, and market overviews. The research is also included in the strategic movements that are undertaken by the top-notch markets. Moreover, these key players affect the market growth and the profit rate of the overall market. In this report, the internal dimensions and assessments of the Competitive Intelligence Tools market are revealed. The study of the Competitive Intelligence Tools market's description has been taking place during the 2022 period and the last year of the foreseen period that extends to 2029.

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List of Key Players Covered in the Competitive Intelligence Tools Market Report:

Alphabet Inc. (Google LLC)
Crunchbase
SEMrush
Owler
Alexa Internet, Inc.
Comintelli
Talkwalker
SpyFu
Crayon
NetBase Quid
Slintel Inc.


COVID-19 Impact:

The catastrophe caused by coronavirus has disrupted the supply chain of every industry around the world. We understand that this health emergency has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. Some industries are struggling, and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic.

We are making endless efforts to uplift businesses in this crucial need of the hour. Our expertise and experience can offer enormous benefits to help regain during this global pandemic.



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The report on the competitive intelligence tools market incorporates:

Grander insights into the market
Insightful analysis of the segments
Market drivers and restraints
Comprehensive information about prominent players
Prevailing regions
COVID-19 extreme effect on the market


Driving Factors:

Integration of AI to Spur Excellent Market Openings

The growing focus on IT integrated tools among organizations will bolster the market's growth in the forthcoming years. Organizations are integrating AI capabilities alongside intelligence tools to gain information about competitors and business trends in real-time. Moreover, the integration of AI helps develop holistic solutions and a platform that offers efficient automation in the analytics process. AI-powered tools help in tracking competitor's entire digital footprint present over websites and on other portals. AI-based competitive intelligence can track data on the website or press release besides scanning customer's reviews on digital platforms. The natural language processing and deep learning tools examine and recognize sentiment, entities, categories, emotions, and topics in text with precision. Thus, the increasing utilization of AI-enabled competitive intelligence tools will have an excellent impact on the global market.



The necessity for Intelligent Solutions to EncourageBusiness Amid Coronavirus

The requite for competitive intelligence (CI) and business intelligence (BI) tools to monitor, analyze, enhance decision-making capabilities and understand customer behavior will create opportunities for the market during the pandemic. Enterprises are focused on deploying competitive intelligence solutions as it offers real-time monitoring to track business and comprehend industry scenario. For instance, in June 2020, Fornova Ltd., a London-based travel & hospitality intelligence software provider, launched a new innovative competitive Intelligence solution - "FornovaCI". The software will assist end-user to gain a competitive advantage and recognize opportunities during the pandemic.



Regional Insights:

The emergence of New Enterprises to Support Expansion in Asia Pacific

The market for competitive intelligence tools in Asia Pacific is expected to observe a steady growth rate during the forecast period due to various countries such as China, India, Southeast Asia, Japan, and more. The surging industries and enterprises in these countries will enable speedy expansion of the market in Asia Pacific. China holds a massive share in the market due to a number of flourishing manufacturing, healthcare, and retail industries. Moreover, the introduction of new tools and analytics by emerging players will further bolster the growth of the region's market. For instance, in December 2019, Contify, Inc., an Indian AI-enabled CI solution provider, upgraded its CI offering with the launch of fully customizable portals. It is designed to drive faster access to relevant insights and storing data in a common platform for easy cross-reference.



Key Industry Development:

April 2019: Digimind, Inc. announced a strategic partnership with Corpus Intelligence inventor, TrustedOut. Through the collobration, the companies intend to provide the business intelligence analysts, PR professionals, and brand safety managers media database. Besides, offering web crawling, machine learning, microservices, and big data to reduce human limitations.

Major Table of Content:

Introduction
Executive Summary
Market Dynamics
Key Insights
Competitive Intelligence Tools Market Analysis, Insights and Forecast, 2022-2029
North America Competitive Intelligence Tools Market Analysis, Insights and Forecast, 2022-2029
Europe Competitive Intelligence Tools Market Analysis, Insights and Forecast, 2022-2029
Asia Pacific Competitive Intelligence Tools Market Analysis, Insights and Forecast, 2022-2029
Middle East and Africa Competitive Intelligence Tools Market Analysis, Insights and Forecast, 2022-2029
Latin America Competitive Intelligence Tools Market Analysis, Insights and Forecast, 2022-2029
Market Share Analysis, By Key Players, 2022
Competition Matrix
Company Profile

Continue….

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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