Press release
Competitive Intelligence Tools Market 2021 Net Worth is US$ 82.0 million and Forecasts by 2028 | Top Key Companies are: Alphabet Inc. (Google LLC), Crunchbase, SEMrush, Owler, Alexa Internet, Inc. and more...
Competitive Intelligence Tools Market 2021-2028
New study report ” Competitive Intelligence Tools Market 2021 Global Market Opportunities, Challenges, Strategies, and Forecasts 2028″ 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 2027, exhibiting a CAGR of 10.3% during the forecast period. The digital transformation coupled with heavy investment in analytics by companies can have an incredible effect on the global market, states Fortune Business Insights, in a report, titled “Competitive Intelligence Tools Market Size, Share & COVID-19 Impact Analysis, By Type (On-Premise, Cloud-Based), By Application (BFSI, IT & Telecom, Automotive, Retail, Health Care, Energy, Industrial, and Education), and Regional Forecast, 2020-2027.” The market size stood at USD 37.6 million in 2019.
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.
Key Players-
The key players have an essential part to play in fostering the product improvement as per the demand of the consumers with ample supply in particular regions. The well-known brands are also acknowledged and aware of the potential links with the global Competitive Intelligence Tools Market 2021-2028 for showing a prominent place to the key players in the market.
Top Key Players in this market are:
Alphabet Inc. (Google LLC) (California, United States)
Crunchbase (California, United States)
SEMrush (Massachusetts, United States)
Owler (California, United States)
Alexa Internet, Inc. (California, United States)
Comintelli (Stockholm, Sweden)
Talkwalker (Luxembourg)
SpyFu (Arizona, United States)
Crayon (Massachusetts, United States)
NetBase Quid (California, United States)
Slintel Inc. (California, United States)
Consensus Point (Tennessee, United States)
Evalueserve (Schaffhausen, Switzerland)
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Market Driver:
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.
Necessity for Intelligent Solutions to Encourage Business 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:
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 hold 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.
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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
Table of Content:
1.Introduction
2.Key Takeaways
3.Market Dynamics
4.Competition Landscape
5.Key Market Insights and Strategic Recommendations
6.Profiles of Key Players (Would be provided for 10 players only)
7.Primary Interview Responses
8.Annexure / Appendix
Continue….
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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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