Community Platform Software Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Community platform software is a software tool that provides capabilities for brand management by using forums, learning resources, user groups, and other social features. Community platform software helps enterprises to facilitate collaboration within their constituency, fostering connections, conversation, and learning. Additionally, it gives branded and interactive platform for spreading knowledge that transforms search, purchase, evaluation, and support interactions that accelerate the Community platform software market growth.

MARKET SCOPE

The "Global Community platform software market Analysis to 2031" is a specialized and in-depth study of the Community platform software market with a special focus on the global market trend analysis. The report aims to provide an overview of the Community platform software market with detailed market segmentation by deployment, organization size, end-user, and geography. The global Community platform software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Community platform software market players and offers key trends and opportunities in the Community platform software market.

MARKET SEGMENTATION

•  The global Community platform software market is segmented on the basis of deployment, organization size, and end-user.
  
•  On the basis of deployment, the market is segmented as cloud-based, on-premise.
  
•  On the basis of organization size, the market is segmented as large enterprises, and SMEs.
  
•  On the basis of end-users, the market is segmented as BFSI, manufacturing, healthcare, retail, media and entertainment, and others.
  

MARKET DYNAMICS

Drivers:

•  Growing demand for automation in event management and website management is expected to be one of the major factors aiding into the growth for the market.
  
•  The advancement of technology in audio-video making, and the rising digitization of instruments expect a boost to the market in the coming years..
  

Restraints:

•  Factors such as the availability of open-source platforms is expected to hamper the growth of the market.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Community platform software market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Community platform software market in these regions.

IMPACT OF COVID-19 ON COMMUNITY PLATFORM SOFTWARE MARKET

The outbreak of COVID-19 virus in December 2019 affected majority of the countries around the globe with the World Health Organization declaring it a public health emergency. The pandemic is expected to have negative impact on the global artificial intelligence powered video analytics market in 2021. With rise of the global health crisis, various enterprises are facing several challenges in operating business functions like production, sales, and after sales services, thus resulting in shutdown of business functions. However, video analysis and surveillance technology were able to make a significant growth in the market with the help of government initiatives, such as surveillance on public places for lockdown and social distancing measures, which played significant role in limiting the spread of disease.

MARKET PLAYERS

The report covers key developments in the Community platform software market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from community platform software market are anticipated to lucrative growth opportunities in the future with the rising demand for the Community platform software market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Community platform software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

 CMNTY Corporation

 DNN Corp.

 Higher Logic, LLC

 Hivebrite

 Influitive Corporation

 inSided

 Khoros, LLC

 Tribe Technologies Inc.

 Vanilla Forums

 vBulletin (MH Sub I, LLC dba Internet Brands)
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Community Platform Software Report Scope

Report Attribute	Details
Market size in 2023	US$ XX Million
Market Size by 2031	US$ XX Million
Global CAGR (2023 - 2031)	XX%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Deployment Cloud-Based On-Premises By Organization Size Large Enterprises SMEs By End User BFSI Manufacturing Healthcare Retail Media and Entertainment
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Circles Collective Inc Commsor Inc. Hivebrite inSided Khoros, LLC Open Social B.V. Tribe Technologies Inc. Vanilla Forums Verint Systems Inc