Global Community Software Market Overview:
Community Software market is expected to mark significant growth over forecasted period owing to increasing consumers spending on software that allows user to interact and shared data and technological advancement. This result in rising popularity of social networking platforms, increasing demand of portable devices and escalating need for high-speed cellular work station, and growing popularity of cloud computing may trigger demand and help in industry expansion. Some of the players profiled in the study are Salesforce.com (United States), Telligent Systems (United States), Zendesk (United States), Hivebrite (France), ToucanTech (United Kingdom), Zoho (India), VeryConnect (United Kingdom), TidyHQ (Australia) and Chaordix (Australia).
On the basis of geography, the market of Community Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Growth Drivers
- Increase in Demand at Banking, Financial Services and Institutions that Boost the Community Software Market.
- Rapid Demand of Community Software Due to Digitalization.
- Collaboration and Tie Up Of Leading Players
- Value Oriented Consumers
- Lack of Awareness Among the Customers Hampers the Community Software Market.
- High Cost Associated With Community Software.
- Proliferation of Community Software’s In Various End User Industries.
- Upsurge Demand of Community Software With Advanced Technology.
- Cyber Threats Associated With Community Software Which Is Anticipated The Challenge The Market.
In September 2018, Community Brands completely acquired Education Technology Company. This acquisition is beneficial in providing data aggregation and analytics identity management, payment and parental engagement software for primary and secondary schools in the U.K.
Target Audience:Community Software Manufacturers, Community Software Traders, End-Use Market Participants of Different Segments of Community Software, Government and Research Organizations, R&D Institutions and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Community Software market on the basis of product [On-premise and Cloud-based] , application [Personal, Enterprises and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Community Software market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Community Software industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are AnswerHub (United States) and Webligo Developments (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Community Software market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.