Enterprise social networking focuses on the use of online social networks or social relations among people who share business interests and/or activities. Enterprise social networking is often a facility of enterprise social software (regarded as a primary component of Enterprise 2.0), which is essentially social software used in "enterprise" (business/commercial) contexts. It encompasses modifications to corporate intranets (referred to as social intranets) and other classic software platforms used by large companies to organize their communication, collaboration and other aspects of their intranets. Enterprise social networking is also generally thought to include the use of a standard external social networking service to generate visibility for an enterprise.
Since the cost of implementing enterprise social networks is high, such type of system can come across a financial burden to small and medium enterprises. In order to implement such type of platforms in organizations, expansion of IT infrastructure and training of employees is required. In addition, such type of platforms need other business technologies to integrate. This can enable the organizations to use the facilities of these platforms for business purposes, and to improve their communication with their customers. Small and medium sized companies may not be interested to invest in such type of social networking platforms, as the cost of such platforms is high. The high subscription cost of these platforms is expected to have a negative impact on the growth of the enterprise social networks and online communities market during the period of assessment.

Market Analysis and Insights: Global Enterprise Social Networking (ESN) Market
The global Enterprise Social Networking (ESN) market size is projected to reach US$ 8162.5 million by 2027, from US$ 2782.8 million in 2020, at a CAGR of 16.5% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Enterprise Social Networking (ESN) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Enterprise Social Networking (ESN) market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Enterprise Social Networking (ESN) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Enterprise Social Networking (ESN) market.

Global Enterprise Social Networking (ESN) Scope and Market Size
Enterprise Social Networking (ESN) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Enterprise Social Networking (ESN) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Internal Corporate Social Networking
Public Social Networks

Segment by Application
BFSI
Government
Manufacturing
IT
Telecom
Retail
Healthcare
Education
Media

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
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