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Enterprise Social Networks Market to Reach USD 31.1 Billion by 2033 | Persistence Market Research

07-08-2025 11:12 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

Enterprise Social Networks and Online Communities Market

Enterprise Social Networks and Online Communities Market

Overview of the Market

The Enterprise Social Networks and Online Communities Market is witnessing transformative growth as organizations increasingly adopt platforms that enhance internal collaboration and external engagement. Valued at US$ 7,300.2 million in 2022, the market is projected to grow at a CAGR of 14.2% from 2023 to 2033, reaching US$ 31,102.7 million by the end of the forecast period. These platforms integrate features resembling traditional social media-such as timelines, news feeds, messaging, and file sharing-but are exclusively tailored for corporate environments.

Several drivers are fueling this growth. A surge in remote and hybrid work models has intensified the need for robust, real-time collaboration tools. Meanwhile, growing interest in customer experience and feedback mechanisms is prompting enterprises to build external online communities. Among all user segments, large enterprises accounted for the highest market share of 38.1% in 2022, driven by their scale and need for centralized communication platforms. Regionally, North America led the global market with a 26.8% share in 2022, thanks to early tech adoption and the presence of major enterprise software vendors.

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Key Highlights from the Report

• The market is expected to grow from US$ 7.3 billion in 2022 to US$ 31.1 billion by 2033.
• North America dominates the market, contributing 26.8% of global revenue in 2022.
• Large enterprises are the top adopters, with a 38.1% share in 2022.
• BFSI emerged as the leading industry vertical, comprising 22.1% of the market.
• Enterprise social networks represent 10% of the global unified communications market.
• Hybrid work models and digital transformation are key catalysts for market growth.

Market Segmentation

Enterprise social networks and online communities are segmented based on organization size, end-use industries, and deployment types. By organization size, large enterprises lead the market, given their complex communication structures and vast user bases. Small and medium-sized enterprises (SMEs) are also increasingly adopting these tools, seeking cost-effective and scalable collaboration platforms to bridge communication gaps.

In terms of end-use industries, Banking, Financial Services, and Insurance (BFSI) holds a dominant position with a 22.1% share in 2022. The sector relies heavily on real-time communication and secure data exchange, making enterprise networks vital. Other prominent industries include IT & telecom, healthcare, education, retail, and manufacturing, each leveraging these platforms to optimize operational efficiency and customer engagement.

Regional Insights

North America held the largest market share in 2022, owing to the early adoption of digital workplace technologies and the presence of key players such as Microsoft, Meta (Workplace), and Salesforce. The U.S. alone accounted for 19.4% of the global share, emphasizing its strategic role in setting adoption trends.

Europe followed closely with a 23.1% market share, driven by rapid digitization in enterprise communication and increasing emphasis on customer-centric models. Countries like Germany, the U.K., and France are at the forefront of enterprise community development, particularly within regulated industries like finance and healthcare.

Market Drivers

One of the most significant market drivers is the growing adoption of remote and hybrid work models, which require seamless digital collaboration tools. Enterprise social networks allow employees to connect, share, and collaborate regardless of location, enhancing productivity. Furthermore, organizations are prioritizing employee engagement and knowledge sharing, using internal networks to break down silos and foster innovation.

Market Restraints

Despite growth, several factors limit widespread adoption. Data security and privacy concerns remain paramount, particularly for industries that handle sensitive information. Many organizations are also challenged by integration issues-struggling to incorporate enterprise social platforms into existing legacy systems. Additionally, user adoption within organizations can lag due to resistance to change or lack of digital literacy.

Market Opportunities

The market presents abundant opportunities as companies invest in AI-driven social platforms that automate workflows and enhance personalization. Emerging trends like community-led growth (CLG) strategies are encouraging organizations to build user-centric external communities that drive product innovation and loyalty. There's also scope for expansion into developing economies, where digital transformation is gaining momentum and cloud infrastructure is evolving.

Reasons to Buy the Report

✔ Gain in-depth insight into a market expected to grow at 14.2% CAGR through 2033.
✔ Understand key growth segments such as large enterprises and the BFSI industry.
✔ Access valuable regional intelligence, particularly regarding North America and Europe.
✔ Stay informed on recent innovations and competitive moves by leading market players.
✔ Leverage expert analysis to strategize investments in collaboration technologies.

Frequently Asked Questions (FAQs)

How Big is the Enterprise Social Networks and Online Communities Market in 2023?
What is the Projected Growth Rate of the Enterprise Social Networks and Online Communities Market?
Who are the Key Players in the Global Enterprise Social Networks and Online Communities Market?
What is the Market Forecast for Enterprise Social Networks by 2032?
Which Region is Estimated to Dominate the Industry through the Forecast Period?

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Company Insights

Key Players in the Market:

1. Microsoft Corporation (Yammer)
2. Meta Platforms, Inc. (Workplace)
3. Salesforce (Chatter, Experience Cloud)
4. SAP SE (SAP Jam Collaboration)
5. Jive Software
6. Cisco Systems (Webex Social)
7. Zoho Corporation
8. IBM Corporation (Connections)
9. Slack Technologies, LLC
10. Igloo Software

Recent Developments:

• In 2023, Meta announced new integrations for Workplace with Microsoft Teams and Zoom, aiming to create a unified communication hub.

• Salesforce upgraded Experience Cloud, adding AI-powered moderation tools and customizable templates for faster community deployment.

Conclusion

The Enterprise Social Networks and Online Communities Market is becoming a cornerstone of digital enterprise infrastructure. As companies face growing demands for productivity, engagement, and customer satisfaction, these platforms offer a centralized solution to internal and external communication challenges. With innovations on the rise and significant market growth projected through 2033, stakeholders across sectors have much to gain by investing in scalable, secure, and user-friendly enterprise social solutions.

From enhancing knowledge sharing among employees to building loyal customer communities, the role of enterprise social platforms is set to evolve-making it a pivotal area for digital transformation strategies in the years ahead.

Contact Us:

Persistence Market Research
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Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com

About Persistence Market Research:

At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.

Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.

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