Ahmedabad, India, May 16, 2012 --(PR.com
)-- HnyB Insights has released the 2nd Edition of research titled Social Tools Strategy and Outlook, 2012 - 2020. According to research reports series released by HnyB Insights, the Global Social Tools revenue has reached $1.8Bn in 2011, a 44 per cent increase from 2010 revenue of $1.2Bn. Further as per Social Tools Strategy and Outlook, 2012 - 2020, Global Social Tools revenue is forecasted for consistent growth with 2012 revenue totalling $2.6Bn, and the market is projected to reach $5.8Bn in 2014, $15Bn in 2016, will touch magical mark of $50Bn towards end of 2018 and by 2020 it will grow substantially to around $100Bn.
As per Nayan Patel, CEO of HnyB Insights a Leading Intelligence & Knowledge Consulting group with focus on Social Computing, Social Media, Social Technology and Social Networking, there would be substantial reorganization in Social Tools marketplace. Priyanka Sharma, an analyst at HnyB Insights, suggested that there would be substantial change in the Global Social Tools ecosystem.
About Hnyb Insights
HnyB Insights is a Leading Intelligence & Knowledge Consulting group with global perspective with focus on Social Computing, Social Media, Social Technology and Social Networking. Find out more at www.hnyb.in
HnyB Insights provide mission-critical Information, Research, Analysis, Strategy, and Knowledge solutions to clients across the globe. HnyB Insights is a leading Intelligence & Knowledge Consulting group with global perspective with focus on Social Computing, Social Media, Social Technology and Social Networking in both Personal (or individual) and Enterprise (or business) segments. Based out of India, HnyB Insights is seen as a one-stop value-hub by its marquee clients helping them meet knowledge, information and intelligence challenges.
Excellent network of consultants, industry experts, analysts and access to key sources of information enables HnyB Insights to provide unbeatable value and time-to-market in all the engagements.
Social Tools Strategy and Outlook, 2012 - 2020, 2nd Edition provides a detailed analysis of Social Tools and covers around 40+ regions across the globe and provides short term to long term forecast and guidance. Many invaluable insights are part of this research which can be accessed at http://www.hnyb.in/c18.html.