Prominent Enterprise Social Networks Market share Trend for 2025: Advancements In Enterprise Social Networking Enhancing Collaboration And Productivity

What Are the Projected Growth and Market Size Trends for the Enterprise Social Networks Market?
The market size of enterprise social networks has seen substantial growth in recent years. The industry, valued at $13.45 billion in 2024, is projected to reach $15.75 billion in 2025, marking a compound annual growth rate (CAGR) of 17.1%. Factors such as heightened employee engagement, a surging demand from small and medium enterprises, the rise of remote work, enhanced integration with current tools, and the proliferation of e-commerce, have all contributed to this growth during the historical period.

The market for enterprise social networks is poised for swift expansion in the coming years, reaching $29.33 billion by 2029 with a CAGR of 16.8%. The upswing in the forecast period is due to several factors such as the rising relevance of data analytics, amplified attention to knowledge management, growing backing for adaptable work environments, demand for tailor-made solutions, and a shift towards an employee-focused culture. Highlighted trend forecasts include incorporation of AI and machine learning, improved security functions, gamification techniques adoption, blockchain technology integration, and inclusion of social learning platforms.

What Factors Are Fueling Growth in the Enterprise Social Networks Market?
The anticipated increase in remote working is predicted to boost the enterprise social networks market's development. This kind of working arrangement requires employees to carry out their work tasks from a location other than the conventional office surroundings. The rising focus on remote working is due to its ability to increase flexibility, bring down overhead expenses, and promote a better work-life balance for workers. Enterprise social networks are used in remote work to promote seamless communication, collaboration, and knowledge exchange among distributed team members. For example, as per the World Economic Forum, a non-governmental organization based in Switzerland, in January 2024, the worldwide count of digital jobs that can be performed remotely from any location is predicted to surge approximately by 25% by 2030, totaling about 92 million, a significant increase from 73 million in 2024. Therefore, the increasing occurrence of remote working is bolstering the expansion of the enterprise social networks market.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18598&type=smp

Which Leading Companies Are Shaping the Growth of the Enterprise Social Networks Market?
Major companies operating in the enterprise social networks market are Microsoft Corporation, International Business Machines Corporation (IBM), Cisco Systems Inc., SAP SE, Salesforce Inc., Zoho Corporation Pvt. Ltd., Aurea Software Inc., Alma Suite Inc., Jive Software Inc., Beekeeper Inc., Whaller Inc., Workplace Inc., LumApps Inc., Jalios SA, Happeo Inc., Igloo Software Inc., Vanilla Forums Inc., Jostle Corporation, Socialtext Inc., Talkspirit Inc., Jamespot Inc., Boonex Ltd., Axero Solutions Inc., Zyncro Tech S.L.

What Are the Major Trends Shaping the Enterprise Social Networks Market?
Leading firms in the enterprise social networks market are zeroing in on creating progressive solutions such as AI-driven networking platforms to improve cooperation, simplify communication, and boost overall productivity within enterprises. These AI-powered networking platforms in enterprise social networks leverage AI to augment connectivity by analyzing data and pairing employees with relevant contacts, opportunities, and data. They promote efficient collaboration and knowledge distribution by automating and customizing networking functions. For example, in May 2023, The Goldman Sachs Group Inc., an American investment banking corporation, introduced Louisa, an AI-based social media platform designed for business environments. It auto-generates user profiles from organizational databases and uses artificial intelligence to actively link employees who could gain from networking, considering potential agreements and common interests.

What Are the Key Segments of the Enterprise Social Networks Market?
The enterprise social networks market covered in this report is segmented -

1) By Type: Cloud Or Web Based Enterprise Social Network Platform, On Premises Enterprise Social Network Platform
2) By Enterprise Size: Small And Medium Sized Enterprises (SMEs), Large Enterprises
3) By Industry: Education, Travel And Hospitality, Media And Entertainment, Healthcare, Information Technology (IT) And Telecom, Retail, Government And Non-Profit, Other Industries

Subsegments:
1) By Cloud Or Web-Based Enterprise Social Network Platform: Software-As-A-Service (Saas) Platforms, Collaboration Tools With Social Networking Features, Enterprise Social Media Platforms, Cloud-Based Knowledge Sharing And Community Platforms, Social Intranet Solutions Hosted On The Cloud
2) By On-Premises Enterprise Social Network Platform: On-Premises Collaboration And Communication Tools, On-Premises Knowledge Management Platforms, Private Social Networks For Organizations, Customizable On-premises Social Platforms For Employee Engagement, Enterprise Social Intranet Systems Installed Locally

Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/enterprise-social-networks-global-market-report

Which Region Dominates the Enterprise Social Networks Market?
Asia-Pacific was the largest region in the enterprise social networks market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the enterprise social networks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Enterprise Social Networks Global Market Report?

- Market Size Analysis: Analyze the Enterprise Social Networks Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Enterprise Social Networks Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Enterprise Social Networks Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Enterprise Social Networks Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18598

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.