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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, 2020 - 2027<br>
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SOCIAL BUSINESS INTELLIGENCE MARKET ANALYSIS 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, 2020 - 2027
Market Overview The global social business intelligence market is estimated to account for US$ 30,049 Mn in terms of value by the end of 2027. Market Dynamics Drivers • Increasing use of social media boosting the demand for big data is expected to drive growth of the global social business intelligence market during the forecast period • Growing adoption of cloud-based technologies and software-as-a-service is expected to propel the global social business intelligence market growth over the forecast period
Figure 1. Global Social Business Intelligence Market Share (%), in terms of Value, By Region, 2019
Market Dynamics Restraints • Complexity associated with mapping data and data governance integrity while cloud adoption is expected to restrain growth of the global social business intelligence market during the forecast period • Challenges associated with security is expected to hinder the global social business intelligence market growth over the forecast period
Market Opportunities • Positive attitude towards Hadoop can present significant business opportunity • Increasing use of in-memory analytics can pose excellent growth opportunities
Figure 2.Global Social Business Intelligence Market Value (US$ MN), 2017 - 2027
Market Trends • Trends by the size of enterprise Business intelligence for small and medium enterprises have become affordable • Trends by vertical Increasing demand for location intelligence
Global Social Business Intelligence Market - Impact of Coronavirus (Covid-19) Pandemic • Due to Covid-19 pandemic, many industries witnessed significant shift in their business. There is significant impact on social business intelligence market as well. • Competitive Section Key players operating 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.
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