Social Business Intelligence Market, By Deployment Type (On-premise and Cloud-based), By Size of Enterprise (Small Enterprise, Medium Enterprise and Large Enterprise), By Vertical (BFSI, Healthcare and Life Science, Consumer Goods and Retail, Travel and T

Social Business Intelligence Market, By Deployment Type (On-premise and Cloud-based), By Size of Enterprise (Small Enterprise, Medium Enterprise and Large Enterprise), By Vertical (BFSI, Healthcare and Life Science, Consumer Goods and Retail, Travel and Tourism, IT and Telecommunication, Media and Entertainment, Government and Others) and by Region (North America, Europe, Asia Pacific, RoW) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Social business intelligence (BI) is a process of analyzing the large volume of data from various social media sites such as LinkedIn, Twitter, and Facebook and many others. Social business intelligence is used by enterprises to analyze their data which is generated from enterprise applications, cloud based data, social media data and devices data. BI helps business users to access and analyze data to generate insights. These insights are helpful for business users to take strategic decisions. Social BI system is useful in retrieval and analysis of growing volume and variety of data.
Market Dynamics
The growth of advanced analytics in BFSI is expected to propel the global social business intelligence market growth over the forecast period. Business intelligence system helps resources in financial institution such as sales teams or tellers with solutions to avoid any kind of discrepancies or problems. BI helps banking institutions to analyze their customer’s data and generate insights about customer details, to improve the product and services of the banking industry. BI tools are used by many business users to monitor their own investments and returns. Developing investment strategies, improving strategies, customer retention policies, and minimizing risks are some of the factors responsible for the adoption of business intelligence systems by the BFSI vertical. Thus, in turn, increases the demand of market growth during the forecast period.
Increasing adoption of cloud is expected to propel the global social business intelligence market growth over the forecast period. Business intelligence services play a crucial role in cloud based big data analysis. Deployment of cloud services on social media platforms has numerous benefits such as low infrastructure cost and service model remuneration. For instance, organizations such as Microsoft Corporation, IBM Corporation, and Oracle Corporation are adopting public and private cloud platforms to switch their enterprise workloads. In North America, the market for social business intelligence systems that are implemented on a private cloud platform is growing exponentially.
Market Taxonomy
This report segments the global social business intelligence market on the basis of deployment, size of enterprise, vertical and region. On the basis of deployment type, the global social business intelligence market is segmented into on-premise and cloud-based. On the basis of size of enterprise type, the global social business intelligence market is segmented into small enterprise, medium enterprise and large enterprise. On the basis of vertical, the global social business intelligence market is segmented into BFSI, healthcare and life science, consumer goods and retail, travel and tourism, it and telecommunication, media and entertainment, government and others. On the basis of region, the global social business intelligence market is segmented into North America, Europe, Asia Pacific, ROW.
Key features of the study:
This report provides an in-depth analysis of the global social business intelligence market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global social business intelligence market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the global social business intelligence market are IBM Corporation, TIBCO Software, Inc., SAP SE, Logi Analytics Inc., Tableaue Software, Inc., MicroStrategy, Inc., QlikTechnologies, Inc., Alteryx, Inc., and Microsoft Corporation. The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global social business intelligence market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global social business intelligence market.
Detailed Segmentation:
Global Social Business Intelligence Market, By Deployment Type:
On-premise
Cloud-based
Global Social Business Intelligence Market, By Size of Enterprise:
Small Enterprise
Medium Enterprise
Large Enterprise
Global Social Business Intelligence Market, By Vertical:
BFSI
Healthcare and Life Science
Consumer Goods and Retail
Travel and Tourism
IT and Telecommunication
Media and Entertainment
Government
Others
Global Social Business Intelligence Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profiles
IBM Corporation *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
TIBCO Software, Inc.
SAP SE
Logi Analytics Inc.
Tableaue Software, Inc.
MicroStrategy, Inc.
QlikTechnologies, Inc.
Alteryx, Inc.
Microsoft Corporation
*Browse all the market data tables and figures on “Global Social Business Intelligence Market- Forecast to 2027”