Pune, Jan. 18, 2021 (GLOBE NEWSWIRE) -- The global competitive intelligence tools market size is expected to reach USD 82.0 million by 2027, exhibiting a CAGR of 10.3% during the forecast period.  The digital transformation coupled with heavy investment in analytics by companies can have an incredible effect on the global market, states Fortune Business Insights, in a report, titled “Competitive Intelligence Tools Market Size, Share & COVID-19 Impact Analysis, By Type (On-Premise, Cloud-Based), By Application (BFSI, IT & Telecom, Automotive, Retail, Health Care, Energy, Industrial, and Education), and Regional Forecast, 2020-2027.” The market size stood at USD 37.6 million in 2019.

Click here to get the short-term and long-term impact of COVID-19 on this market.


Please visit: https://www.fortunebusinessinsights.com/competitive-intelligence-tools-market-104522


The catastrophe caused by coronavirus has disrupted the supply chain of every industry around the world. We understand that this health emergency has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. Some industries are struggling, and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic.

We are making endless efforts to uplift businesses in this crucial need of the hour. Our expertise and experience can offer enormous benefits to help regain during this global pandemic. 

The report on the competitive intelligence tools market incorporates:

  • Grander insights into the market
  • Insightful analysis of the segments
  • Market drivers and restraints
  • Comprehensive information about prominent players
  • Prevailing regions
  • COVID-19 extreme effect on the market


Request a Sample Copy of Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/competitive-intelligence-tools-market-104522


Market Driver:

Integration of AI to Spur Excellent Market Openings

The growing focus on IT integrated tools among organizations will bolster the market's growth in the forthcoming years. Organizations are integrating AI capabilities alongside intelligence tools to gain information about competitors and business trends in real-time. Moreover, the integration of AI helps develop holistic solutions and a platform that offers efficient automation in the analytics process. AI-powered tools help in tracking competitor’s entire digital footprint present over websites and on other portals. AI-based competitive intelligence can track data on the website or press release besides scanning customer’s reviews on digital platforms. The natural language processing and deep learning tools examine and recognize sentiment, entities, categories, emotions, and topics in text with precision. Thus, the increasing utilization of AI-enabled competitive intelligence tools will have an excellent impact on the global market.

Necessity for Intelligent Solutions to Encourage Business Amid Coronavirus

The requite for competitive intelligence (CI) and business intelligence (BI) tools to monitor, analyze, enhance decision-making capabilities and understand customer behavior will create opportunities for the market during the pandemic. Enterprises are focused on deploying competitive intelligence solutions as it offers real-time monitoring to track business and comprehend industry scenario.  For instance, in June 2020, Fornova Ltd., a London-based travel & hospitality intelligence software provider, launched a new innovative competitive Intelligence solution - “FornovaCI”. The software will assist end-user to gain a competitive advantage and recognize opportunities during the pandemic.


Ask for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/competitive-intelligence-tools-market-104522


Regional Analysis:

Emergence of New Enterprises to Support Expansion in Asia Pacific

The market for competitive intelligence tools in Asia Pacific is expected to observe a steady growth rate during the forecast period due to various countries such as China, India, Southeast Asia, Japan, and more. The surging industries and enterprises in these countries will enable speedy expansion of the market in Asia Pacific. China hold a massive share in the market due to a number of flourishing manufacturing, healthcare, and retail industries. Moreover, the introduction of new tools and analytics by emerging players will further bolster the growth of the region's market. For instance, in December 2019, Contify, Inc., an Indian AI-enabled CI solution provider, upgraded its CI offering with the launch of fully customizable portals. It is designed to drive faster access to relevant insights and storing data in a common platform for easy cross-reference.

Key Development:

April 2019: Digimind, Inc. announced a strategic partnership with Corpus Intelligence inventor, TrustedOut. Through the collobration, the companies intend to provide the business intelligence analysts, PR professionals, and brand safety managers media database. Besides, offering web crawling, machine learning, micro services, and big data to reduce human limitations.

The Report Lists the Key Companies in Competitive Intelligence Tools Market Are:

  • Alphabet Inc. (Google LLC) (California, United States)
  • Crunchbase (California, United States)
  • SEMrush (Massachusetts, United States)
  • Owler (California, United States)
  • Alexa Internet, Inc. (California, United States)
  • Comintelli (Stockholm, Sweden)
  • Talkwalker (Luxembourg)
  • SpyFu (Arizona, United States)
  • Crayon (Massachusetts, United States)
  • NetBase Quid (California, United States)
  • Slintel Inc. (California, United States)
  • Consensus Point (Tennessee, United States)
  • Evalueserve (Schaffhausen, Switzerland)
  • SimilarWeb (New York, United States)
  • Digimind (New York, United States)
  • Klue Labs (Vancouver, Canada)
  • CI Radar (Georgia, United States)
  • Brandwatch (Brighton, United Kingdom)
  • Contify, Inc. (New Delhi, India)
  • ArchIntel (Virginia, United States)


Quick Buy- Competitive Intelligence Tools Market: https://www.fortunebusinessinsights.com/checkout-page/104522


Major Table of Content:

  • Introduction
    • Definition, By Segment
    • Research Methodology/Approach
    • Data Sources
  • Key Takeaways
  • Market Dynamics
    • Macro and Micro Economic Indicators
    • Drivers, Restraints, Opportunities and Trends
    • Impact of COVID-19
      • Short-term Impact
      • Long-term Impact
  • Competition Landscape
    • Business Strategies Adopted by Key Players
    • Consolidated SWOT Analysis of Key Players
    • PESTLE Analysis
    • Porter’s Five Force Analysis
    • Supply chain Analysis 
  • Global Competitive Intelligence Tool Key Players Market Share Insights and Analysis, 2019
  • Key Market Insights and Strategic Recommendations
  • Primary Interviewee’s Key Responses
  • Companies Profiled (Covered for key 10 players only)
    • Overview
      • Key Management
      • Headquarters etc.
    • Offerings/Business Segments
    • Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
      • Employee Size
      • Key Financials
        • Past and Current Revenue
        • Gross Margin
        • Geographical Share
        • Business Segment Share
    • Recent Developments
  • Annexure/Appendix
    • Global Competitive Intelligence Tools Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
      • By Type (Value)
        • On Premise
        • Cloud-Based
      • By Application (Value)
        • BFSI
        • IT & Telecom
        • Automotive
        • Retail
        • Health Care
        • Energy
        • Industrial
        • Education
      • By Region (Value)
        • North America
        • Europe
        • Asia Pacific
        • Middle East & Africa
        • South America


TOC Continued..


Speak To Our Analyst- https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/competitive-intelligence-tools-market-104522


Have a Look at Related Research Insights:

Customer Experience Management Market Size, Share & Industry Analysis, By Component (Solution, Services), By Deployment (On-Premises, Cloud), By Organization Size (SMEs, Large Enterprises), By Touchpoint (Telephone, Email, Web, Social Media, and Others), By End-User (BFSI, Retail, IT and Telecommunications, Healthcare, Manufacturing, Government, Travel and Transportation and Others) and Regional Forecast, 2019-2026

Customer Data Platform Market Size, Share & COVID-19 Impact Analysis, By Component (Platform and Services), By Deployment (Cloud, On-premises), By Type (Access, Analytics, and Campaign) By Industry (Banking, Financial Services and Insurance (BFSI), Retail and ecommerce, Information Technology (IT) and Telecom, Media and Entertainment, Travel and Hospitality, Healthcare, and Others (Government and Education)), and Regional Forecast, 2020-2027

Professional Service Automation Software Market Size, Share & Industry Analysis, By Application (Consulting Firms, Marketing and Communication Firms, IT Firms, Architecture and Construction Firms, Research Firms, Accounting Firms, Others), By Deployment Type (Cloud, On-premise) and Regional Forecast, 2019-2026

Artificial Intelligence (AI) Market Size, Share and Industry Analysis By Component (Hardware, Software, Services), By Technology (Computer Vision, Machine Learning, Natural Language Processing, Others), By Industry Vertical (BFSI, Healthcare, Manufacturing, Retail, IT & Telecom, Government, Others) and Regional Forecast, 2019-2026

Digital Payment Market Size, Share & Industry Analysis, By Payment Type (Mobile Payment, Online Banking, Point of Sale, Digital Wallet), By Industry (Media & Entertainment, Retail, BFSI, Automotive, Medical & Healthcare, Transportation, Consumer Electronics, Others), and Regional Forecast, 2019-2026


About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. 

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. 

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US: +1-424-253-0390
UK: +44-2071-939123
APAC: +91-744-740-1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights™
LinkedIn | Twitter | Blogs

Read Press Release https://www.fortunebusinessinsights.com/press-release/global-competitive-intelligence-tools-market-10385