Press release
Social Business Intelligence Market is Poised to Grow at a Healthy CAGR of 6% from 2016 to 2026 | FMI
Social Business Intelligence Market
According to Future Market Insights (FMI), a number of the major competitors in the market include SAP SE, SAS Institute Inc., Logi Analytics, Inc., TIBCO Software, Inc., Alteryx Inc., MicroStrategy, Inc., Microsoft Corporation, Qlik Technologies, Inc., and Tableau Software, Inc. To increase their market share, several of these firms are concentrating on big data applications that are being developed across a range of end-use industries, including healthcare.
They are exploring prospects in the development of social media tools and software. Several companies in the market are a substantial investments in research and development aimed at wearable technologies based on social business intelligence to gain a competitive edge over others.
Unlock Precious Insights: Download Our Sample Now! @
https://www.futuremarketinsights.com/reports/sample/rep-gb-3182
The various end-use verticals for the social business intelligence market are BFSI, healthcare and life sciences, consumer goods and retail, travel and tourism, IT and telecommunication, media and entertainment, and government. Of these, the BFSI sector is the leading segment as it held a major market share of 20.2% of all the verticals in 2016. The segment is anticipated to retain its dominance throughout the assessment period. However, the travel and tourism segment is anticipated to rise at higher year-over-year growth from 2017 to 2026.
Rising Ubiquity of Social Media to Bolster Demand
The growing demand for big data analytics tools for the analysis of social media, coupled with the rising ubiquity of social networks world over, is a key factor driving the market. The pressing need for next-generation analytical data generation technologies and management systems across modern enterprises is a primary factor driving the market in various regions.
The robustly rising popularity of social media among product and customer service teams, largely on account of benefits that percolate beyond marketing and promotion, is a key trend accentuating the market. The growing demand for various big data tools such as Hadoop in managing vast sets of unstructured data emanating from online and social media sites and CRM conversations is a notable trend catalyzing the demand for social business intelligence tools. This is motivated by the intensifying needs to garner data-driven insights into customer taste and preference across enterprises.
The pressing need for gaining customer insights in real-time for accelerating time-to-market is a key aspect of a fast-growing modern enterprise, necessitating the demand for social business intelligence tools. The rising adoption of cloud-based technologies and services will expectedly create exciting opportunities for market players in the coming years.
Ask An Analyst @
https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-3182
Data Security Major Concerns, Advanced Enterprise Data Operating Systems to Open up Exciting Avenues
The concern of privacy of data and their enterprise security are key factors likely to hamper the demand for social business intelligence to an extent. Nevertheless, the marked shift of enterprises workloads from on-premise to cloud is expected to allay these mounting concerns, thereby bolstering the demand for social business intelligence. In addition, the advent of advanced enterprise data operating systems has led players overcome the constraints associated with traditional database systems, notably SQL servers.
The growing popularity of Hadoop for building large-scale database has enabled enterprises manage large operational requirements. This is a welcome trend in the global social business intelligence market. Furthermore, the introduction of YARN and MapReduce has substantially expanded the capabilities of Hadoop, thereby creating lucrative avenues for market players.
The global social business intelligence market is segmented based on:
By Deployment Type
On-premise
Cloud-based
By Size of Enterprise
Small Enterprise
Medium Enterprise
Large Enterprise
By Vertical
BFSI
Healthcare and Life Sciences
Consumer Goods and Retail
Travel and Tourism
IT and Telecommunication
Media and Entertainment
Government
Others
Contact Us:
Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Social Business Intelligence Market is Poised to Grow at a Healthy CAGR of 6% from 2016 to 2026 | FMI here
News-ID: 3208979 • Views: …
More Releases from Future Market Insights Inc.
Oil & Gas Electrification Market Projected to Surge to USD 5 Billion by 2035, Dr …
The global oil & gas electrification market is set for remarkable expansion, with an estimated value of USD 2.1 billion in 2025 and a projected surge to USD 5.0 billion by 2035. This growth trajectory reflects a compound annual growth rate (CAGR) of 9.1%, driven by increasing investments in sustainable electrification technologies and heightened regulatory pressures aimed at reducing carbon emissions across the industry.
As the oil and gas sector faces…
Global Glassware Market to Reach USD 15.4 Billion by 2035, Driven by Rising Dema …
The global glassware market is on track to experience steady growth over the next decade, with a projected compound annual growth rate (CAGR) of 5.9% from 2025 to 2035. Valued at USD 8.7 billion in 2025, the market is expected to reach an impressive USD 15.4 billion by 2035. This growth is primarily attributed to the rising demand for high-quality, aesthetically appealing, and sustainable glassware products, particularly in the hospitality,…
nduction Hob Market Expected to Reach USD 58.2 Million by 2035, Driven by Growin …
The global Induction Hob Market is set to experience significant growth, with an estimated market value of USD 23.5 million in 2025 and a projected rise to USD 58.2 million by 2035, marking a compound annual growth rate (CAGR) of 9.5% over the forecast period. As consumers increasingly shift toward energy-efficient and technologically advanced cooking solutions, the induction hob sector is poised to benefit from a growing preference for safe,…
Automatic Bottle Opener Market to Reach USD 1.43 Billion by 2035, Driven by Cons …
The automatic bottle opener market is experiencing significant growth and is forecasted to reach USD 1.43 billion by 2035, up from USD 756.5 million in 2025. With a compound annual growth rate (CAGR) of 6.6%, the market is expected to evolve significantly over the next decade, propelled by the increasing popularity of automated home appliances and smart kitchen tools.
This surge is driven by the growing demand for convenient, easy-to-use solutions…
More Releases for Social
Social Media Management Market, Social Media Management Market Size, Social Medi …
The Social Media Management Market is growing rapidly as businesses increasingly rely on social platforms to engage with customers, build brand awareness, and drive digital marketing strategies. Social media management solutions help organizations streamline content creation, scheduling, analytics, and audience engagement across multiple platforms, enabling more efficient and effective campaigns. With the rise of data-driven marketing, these tools also provide valuable insights into user behavior, trends, and campaign performance. As…
Introducing Waby Social - The Revolutionary Social Networking Platform
Waby Social is proud to announce the launch of its highly anticipated social networking platform, designed to revolutionize the way people interact online. With a focus on user privacy, simplicity, and seamless functionality, Waby Social promises to deliver a new standard of social media experience.
Waby Social aims to address the growing concerns of privacy and security issues that have plagued the social media landscape for years. The platform is designed…
Global Social Television Market by Types (Sharing Technology, Social EPG/Content …
The Global Social Television Market is expected to reach US$ XX Million by 2026, with a CAGR of XX% from 2021 to 2026, based on a newly published report.
Global Social Television Market Overview
Social Television Market research report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Global social television is a new form of television that is growing in popularity. Social television…
Customer Relationship Management (CRM) Market Report 2018: Segmentation by Socia …
Global Customer Relationship Management (CRM) market research report provides company profile for SAP, Oracle, Salesforce.com, Amdocs, IBM and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the…
Very social, but not just social media
Which channels are customers’ favourites when it comes to sharing good experiences?
By: Graham Ede, Yonder Digital Group
“Twice as many people tell others about bad experiences as opposed to the good ones” do you believe in this old adage? If so, you would not be alone, however, latest research commissioned by Yonder Digital Group reveals this common perception is in fact not true.
A key game-changer has been the rise of…
Trig Social Media announces acquisition of social-commerce.co
Trig social media AB is delighted to announce acquisition of 50.5% of www.social-commerce.co and its holding company Fusion Finance with an option to acquire the remaining 49.5% toward the end of the year.
The transaction will be completed with 9 million Trig Social Media shares to be issued shortly. The price for the remaining 49.5% is performance based.
Social-commerce is a gamified gig economy platform with an affiliate component that is…
