Press release
Enterprise Social Networks And Online Communities Market Size, Application, Region and Growth Forecast -2033
Currently, the United States holds a 23.2% market share worldwide. Additionally, large firms account for 70.8% of the global market.
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Market Overview
Enterprise social networks and online communities are becoming increasingly popular in the modern business landscape. These platforms are designed to provide employees with a centralized space where they can collaborate, share information, and stay connected. By creating an internal social network, organizations can improve communication and collaboration, increase employee engagement, and foster a sense of community and culture. In addition, enterprise social networks can also provide valuable insights into what is happening within an organization, such as employee sentiment and the most important topics being discussed.
The market for enterprise social networks and online communities is growing rapidly as more and more companies adopt these technologies. The increasing demand for these platforms is being driven by the desire for organizations to improve collaboration and communication among employees, especially in the era of remote work. Companies are recognizing the benefits of having a centralized platform where employees can share information, work together on projects, and stay connected, even when they are not in the same location. The enterprise social networks and online communities market is expected to grow significantly in the coming years as more organizations adopt these technologies and the demand for collaboration and communication solutions continues to increase.
Market dynamics
Increasing adoption of enterprise social networking technologies for collaboration with business technologies to improve social collaboration are major factors driving the growth of global enterprise social networks and online communities market. Demand for social media technology among businesses for activity streaming, blogging, profiles, expert advices and other secure communications is strong in this market and is slated to increase in the forecast period. Moreover, demand among industries such as healthcare for real time communication is expected to improve growth which is expected to reflect in the revenue forecast.
However, lack of awareness about the technology, and the high cost of integration with business technologies are major challenges expected to be faced by market players in the global enterprise social networks and online communities market during the forecast period.
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Competitive landscape
Key players reported in this study on the global enterprise social networks and online communities market include
• Google, Inc.
• Lithium Technologies Inc.
• TIBCO Software Inc.
• SAP SE
• Salesforce
• VMware
• Cisco Systems
• IBM Corporation
• Vanilla Forums
• Zimbra
• Axero Solutions
• Igloo Software
• Zoho Corporation
• Aurea Software Inc.
• SocialText Inc.
• Microsoft Corporation
• Others.
who have significantly increased their footprint in the global enterprise social networks and online communities market over the years.
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Enterprise Social Networks and Online Communities Industry Research Segmentation
By Enterprise Type:
• Small Enterprises
• Medium Enterprises
• Large Enterprises
By Industry Type:
• Healthcare
• BFSI
• IT & Telecom
• Government
• Retail & Consumer Goods
• Others (BPO and Education)
By Region:
• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East & Africa
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