COMPETITIVE INTELLIGENCE TOOLS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In June 2020, Fornova Ltd., a U.K.-based travel and hospitality intelligence software provider, introduced its innovative competitive intelligence solution, FornovaCI. This solution aims to empower the target audience to gain a competitive edge during the post-COVID-19 recovery by providing them with valuable insights and data to make informed strategic decisions.
• In September 2020, Comintelli, a leading provider of Market & Competitive Intelligence (M&CI) solutions, introduced its new AI-powered market and competitive intelligence solution, "Intelligence2day SaaS," with the aim of empowering its customers to uncover valuable market insights.
• In September 2020, Crayon, a competitive intelligence platform, collaborated with G2, a leading peer-to-peer review site, to integrate G2's verified reviews into Crayon's platform. This integration enabled Crayon's customers to gain a comprehensive understanding of their competitors' products and their own by leveraging the vast repository of G2 reviews.
• In 2019, Covestro AG, a leading German chemical company that produces a wide range of high-performance polymer materials for various industries, including automotive, construction, electronics, and healthcare, leveraged Dcipher Analytics' AI-based competitive intelligence (CI) toolbox to gain valuable insights into Chinese start-up investment deals. This innovative tool enabled the company to comprehensively understand the structure of start-ups in China and the stakeholder landscape, thereby gaining a competitive edge in the market.