Global Competitive Intelligence Tools Software Market Growth (Status and Outlook) 2024-2030

Global Competitive Intelligence Tools Software Market Growth (Status and Outlook) 2024-2030

Competitive intelligence tools enable businesses to capture, analyze, and take action on its competitive landscape. Competitive intelligence data can help a variety of teams within a business, including marketing, sales, product, and senior leadership. Marketing can use these tools to glean information about their competitor’s marketing strategy, including social media strategy, content strategy, digital advertising tactics, and more. Sales can use these tools to gather information about their competitor’s pricing changes and market moves or company acquisitions, among other use cases. Competitive intelligence tools are useful for product teams because these tools can provide insight around consumer feedback, product removals, product additions, etc. Finally, senior executives can use these tools to drive investments and future company strategies.

The global Competitive Intelligence Tools Software market size is projected to grow from US$ 861.8 million in 2023 to US$ 1388.8 million in 2030; it is expected to grow at a CAGR of 7.1% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Competitive Intelligence Tools Software Industry Forecast” looks at past sales and reviews total world Competitive Intelligence Tools Software sales in 2023, providing a comprehensive analysis by region and market sector of projected Competitive Intelligence Tools Software sales for 2024 through 2030. With Competitive Intelligence Tools Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Competitive Intelligence Tools Software industry.

This Insight Report provides a comprehensive analysis of the global Competitive Intelligence Tools Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Competitive Intelligence Tools Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Competitive Intelligence Tools Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Competitive Intelligence Tools Software and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Competitive Intelligence Tools Software.

The future market trends of Competitive Intelligence Tools Software are driven by the increasing competition, data proliferation, digital transformation, and COVID-19 pandemic. Some of the key trends are:

The demand for cloud-based tools is expected to grow faster than on-premise tools, as they offer lower costs, higher scalability, and easier integration with other platforms.

The adoption of artificial intelligence (AI) and machine learning (ML) techniques is expected to enhance the capabilities of Competitive Intelligence Tools Software, such as data collection, analysis, visualization, and recommendation.

The focus on social media, content marketing, and digital advertising is expected to increase the need for Competitive Intelligence Tools Software that can monitor, analyze, and benchmark the online activities and strategies of competitors.

The impact of COVID-19 pandemic is expected to accelerate the demand for Competitive Intelligence Tools Software among enterprises, as they need to track, analyze, and respond to the changing market conditions, customer behaviors, and competitor actions.

This report presents a comprehensive overview, market shares, and growth opportunities of Competitive Intelligence Tools Software market by product type, application, key players and key regions and countries.

Segmentation by type
Cloud Based
On Premises

Segmentation by application
Large Enterprises
SMEs

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Crayon
Brandwatch
SimilarWeb
Klue
Clootrack Software Labs Private Limited
Contify
Digimind
Competitors App
Kompyte
CI Radar
Intricately
Cipher Systems
Quid
Ceralytics
CompeteIQ
Nichefire

Please note: The report will take approximately 2 business days to prepare and deliver.