The article cited AMA's Global Competitive Intelligence Software Market Study explored substantial growth with CAGR of %. According the report, Growing demand for social media monitoring for competitive intelligence tool is one of the primary growth factors for the market. Growing demand for Competitive Intelligence Software
is also expected to contribute significantly to the Competitive Intelligence Software market. Overall, applications of Competitive Intelligence Software, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as SAS Institute Inc. (United States), Mytonomy (United States), Comintelli (Sweden), IBM (United States), Brandwatch (United Kingdom), Canalytics (United States), Buzzsumo (United States), Megaputer Intelligence Inc. (United States), Cipher Systems, Inc. (United States) and Digimind (France) may see astonishing sales in this Market and certainly improve revenue growth.
The Organization Size, such as Large Enterprises, is boosting the Competitive Intelligence Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End User, such as BFSI, is boosting the Competitive Intelligence Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Competitive Intelligence Software market identified that the demand is rising in many different parts of the world as "Advancements in artificial intelligence (AI) and machine learning (ML) are making CI software more powerful
". Furthermore, some recent industry insights like "In November 2023, Mytonomy Inc. launched Mytonomy Analytics Cloud powered by Sisense to bring powerful new analytics and engagement capabilities to Mytonomy’s Cloud for Healthcare platform. With the integration of Sisense’s HIPAA-compliant advanced analytics tools, healthcare providers can easily track in real-time, predict and more efficiently allocate resources where they are most needed, helping to save time and improve patient care." is constantly making the industry dynamic. One of the challenges that industry facing is "Concerns related to Cyber Security"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Competitive Intelligence Software market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Competitive Intelligence Software market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Competitive Intelligence Software market tight? Which application/end-user category or Product Type [On-premises and Cloud-based] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Competitive Intelligence Software market and other related sub-markets covered in the study.
o Key & emerging players in the Competitive Intelligence Software market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Competitive Intelligence Software market size is calculated using market estimation process, the Competitive Intelligence Software market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Competitive Intelligence Software market size has been validated using both top-down and bottom-up approaches.