Global Community Forum Market Overview:
The community forum industry is being driven by the growing requirement for consumer connection and the expanding trend of social media use. A community forum is a digital platform that allows members of a community to engage in beneficial dialogue. Members of the community use community forum platforms to communicate their opinions, ideas, and concerns. An online community forum is a type of networking site where users may speak with one another via a protected platform. Organizations are putting in place community forum platforms to cooperate with external and internal partners and share information.
Growth Drivers
- Increasing Need for Customer Engagement and the Growing Trend of Social Media Adoption
- Several Developments In Community Forums With Reference To Technology
Roadblocks
Opportunities
- Online Collaboration of Business Information with Social Networking Websites
- The Proliferating Growth Rate of the Market, along with Recent Developments and Innovations
Challenges
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Cisco Systems Inc. (United States), Microsoft Corporation (United States), Vanilla Forums (Canada), Lithium Technologies Inc. (United States), CMNTY Platform (United States), IBM Corporation (United States), Salesforce (United States), VMware Inc. (United States), Tibco Software Inc. (United States) and Socialtext Inc. (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Community Forum market by 2026. Considering Market by End User Industry, the sub-segment i.e. Healthcare will boost the Community Forum market. Considering Market by Size of Enterprise, the sub-segment i.e. Small and Medium Enterprises will boost the Community Forum market.
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What Can be Explored with the Community Forum Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Community Forum Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Community Forum
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Community Forum market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Community Forum market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Community Forum Providers, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.