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Enterprise Social Networking (ESN) Market Size with Focus on Emerging Technologies, Top Countries Data, Top Key Players Update, and Forecast 2029

04-04-2023 12:37 PM CET | IT, New Media & Software

Press release from: ReportsandReports

Enterprise Social Networking (ESN) Market

Enterprise Social Networking (ESN) Market

The global Enterprise Social Networking (ESN) market was valued at US$ 3264.9 million in 2022 and is anticipated to reach US$ 8162.5 million by 2029, witnessing a CAGR of 16.5% during the forecast period 2023-2029. Enterprise social networking focuses on the use of online social networks or social relations among people who share business interests and/or activities. Enterprise social networking is often a facility of enterprise social software (regarded as a primary component of Enterprise 2.0), which is essentially social software used in "enterprise" (business/commercial) contexts. It encompasses modifications to corporate intranets (referred to as social intranets) and other classic software platforms used by large companies to organize their communication, collaboration and other aspects of their intranets. Enterprise social networking is also generally thought to include the use of a standard external social networking service to generate visibility for an enterprise. The Enterprise Social Networking (ESN) market research report incorporates a value chain analysis for each of product type. Value chain analysis provides in-depth information about value addition at each stage. The study includes drivers and restrains for Enterprise Social Networking (ESN) market and their impact on demand during the forecast period. The study also includes key market indicators that influence market growth. The research report includes a major key player analysis, including each player's market share, growth rate, and attractiveness in various end-users/regions.

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Since the cost of implementing enterprise social networks is high, such type of system can come across a financial burden to small and medium enterprises. In order to implement such type of platforms in organizations, expansion of IT infrastructure and training of employees is required. In addition, such type of platforms need other business technologies to integrate. This can enable the organizations to use the facilities of these platforms for business purposes, and to improve their communication with their customers. Small and medium sized companies may not be interested to invest in such type of social networking platforms, as the cost of such platforms is high. The high subscription cost of these platforms is expected to have a negative impact on the growth of the enterprise social networks and online communities market during the period of assessment.

Our study on Enterprise Social Networking (ESN) market helps users to make precise decisions in order to expand their market presence and increase market share. The Enterprise Social Networking (ESN) market research report comprises of porter's five force analysis to do the detail study about its each segmentation like product segmentation, end user/application segment analysis and major key player analysis.

Segmentation Analysis of the market
The market is segmented on the basis of the product, type, end users and application. Segmentation is considered to be the most vital part of the report which helps the reader to understand the market in précised way.
Some of the major players operating Enterprise Social Networking (ESN) market are:
- Google, Inc.
- Lithium Technologies Inc.
- TIBCO Software Inc.
- SAP SE
- Salesforce
- VMware
- Cisco Systems
- IBM Corporation
- Vanilla Forums
- Zimbra
- Axero Solutions
- Igloo Software
- Zoho Corporation
- Aurea Software Inc.
- SocialText Inc.
- Microsoft Corporation

By Type:
- Internal Corporate Social Networking
- Public Social Networks

By Applications:
- BFSI
- Government
- Manufacturing
- IT
- Telecom
- Retail
- Healthcare
- Education
- Media

Enterprise Social Networking (ESN) Market Regional Analysis/Insights:
The Enterprise Social Networking (ESN) market is analysed and market size insights and trends are provided by country, offering, technology, function, deployment and end-user as referred above.
The countries covered in the Enterprise Social Networking (ESN) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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Some of the key aspects that the study analyzes and sheds light are:
Which regions are witnessing rise in investments in the supply chain networks?
Which countries seems to have benefitted from recent import and export policies?
Which regions have witnessed decline in consumer demand due to economic and political upheavals?
Which are some the key geographies that are likely to emerge as lucrative markets?
Which regions are expected to lose shares due to pricing pressures?
Which regions leading players are expected to expand their footprints in the near future?
What are some the sustainability trends impacting the logistics and supply chain dynamics in the Enterprise Social Networking (ESN) market?
What are some of the demographic and economic environments that create new demand in developing economies?
How are changing government regulations shaping business strategies and practices?

Reasons to buy Report
• The report offers in depth analysis of the market by providing the definition, application and classifications.
• The SWOT analysis and strategies of each vendor in the market in provided in the report.
• The offers comprehensive insights into current industry trends, trend forecast and growth drivers.
• The report provides a detailed overview of the vendor landscape, competitive analysis and key market strategies to gain competitive landscape.

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