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Top 10 AI Market Research Tools

Naira Musallam, PhD • 13 Jun 2024

Staying ahead of the competition requires a deep understanding of market dynamics, consumer preferences, and emerging trends. As technology continues to reshape industries, businesses are increasingly turning to AI-powered tools to elevate their research capabilities while saving time and costs.

Today, we'll explore some of the most robust (and popular) AI tools on the market for research & insights.

 

What are AI Market Research Tools?

Before we get to our suggestions, let's align on definitions and criteria.

AI-powered market research platforms refer to tools that leverage advanced algorithms, machine learning, and natural language processing to perform market research tasks. These tasks can include building surveys and studies, analyzing data from various sources, and summarizing and reporting on findings.

By automating the market research process and extracting meaningful insights from complex data sets, these tools will give you a comprehensive understanding of market trends, consumer behavior, and competitive landscapes faster than we have ever witnessed. 

 

10 AI Tools that Will Streamline Your Market Research

 

1. SightX (sightx.io)

SightX is an automated market research platform that serves as a strategic partner for research and insights professionals. The platform seeks to aid productivity by collaboratively building studies, analyzing data, and summarizing findings with Generative AI.

With Ada, an in-platform AI consultant, SightX transforms the way market research is conducted and analyzed by empowering people to easily gather their own consumer data and transform it into actionable insights with lightning speed.

The intuitive interface and robust analytics capabilities enable researchers to explore the nuances in consumer behavior, identify emerging trends, and uncover hidden opportunities that might otherwise go unnoticed. By streamlining the research process and giving people instant access to rich, contextualized insights, SightX helps teams innovate and do more with less.

A GIF from the AI market research platform SightX. This  GIF shows an interaction between a user the the Generative AI consultant Ada. Ada creates a survey for the user based on a prompt they gave her.

 

2. Receptiviti (receptiviti.com)

Receptiviti equips marketers with the tools needed to decipher the intricacies of language and sentiment across diverse channels. By analyzing the emotional undertones and linguistic nuances embedded within unstructured text, Receptiviti unveils the true pulse of consumer sentiment, enabling marketers to craft messaging strategies that resonate deeply with their target audience.

Whether it's identifying pain points, detecting shifts in consumer preferences, or gauging brand sentiment, Receptiviti provides marketers with invaluable insights that drive meaningful connections and foster brand loyalty in an increasingly noisy digital landscape.

 

3. Sprinklr (Sprinklr)

Sprinklr enables businesses to forge genuine connections across various digital touchpoints with their customers. From social listening and engagement to advanced analytics, Sprinklr offers a comprehensive suite of tools designed to deepen customer relationships and drive brand loyalty. By providing real-time insights into consumer behavior and preferences, Sprinklr empowers marketers to deliver personalized experiences that resonate on a profound level.

Whether it's identifying brand advocates, mitigating potential crises, or capitalizing on emerging trends, Sprinklr equips marketers with the agility and foresight needed to thrive in an ever-evolving marketplace.

This image is a screenshot previewing Sprinkler; an AI tool for market research and social listening.

 

4. Lexalytics (lexalytics)

Lexalytics enables businesses to extract actionable insights from unstructured data. By parsing through customer feedback, social media conversations, and online reviews, Lexalytics unveils hidden patterns and sentiments that drive consumer behavior.

Lexalytics equips marketers with the tools needed to make informed decisions and craft compelling narratives that resonate with their target audience. By transforming raw data into actionable intelligence, Lexalytics empowers marketers to stay ahead of the curve and drive business growth. 

 

5. IBM Watson Studio (IBM Watson Studio)

With its comprehensive suite of tools for data visualization, predictive analytics, and machine learning, IBM Watson Studio empowers marketers to unlock the full potential of their data.

Whether it's uncovering hidden patterns, predicting future trends, or optimizing marketing campaigns, IBM Watson Studio offers robust capabilities designed to drive business success. By democratizing access to advanced analytics and AI-powered insights, IBM Watson Studio enables marketers to make data-driven decisions with confidence and clarity

A screenshot of the IBM Watson platform, an AI tool that can be used in market research.

 

6. Tableau (tableau)

Renowned for its intuitive interface and powerful analytics capabilities, Tableau empowers marketers to unlock the true potential of their data. With its AI-driven data visualization platform, Tableau enables businesses to explore data, identify trends, and uncover insights with unprecedented speed and precision. From interactive dashboards to predictive modeling, Tableau offers a suite of tools designed to drive informed decision-making and fuel business growth. By transforming complex data into actionable insights with confidence and clarity. 

A screenshot from the AI market research tool Tableau showing a sample engagement analysis.

 

7. Alteryx (alteryx)

enables businesses to blend, prepare, and analyze data from disparate sources with unprecedented speed and efficiency. By automating complex data workflows and leveraging machine learning algorithms, Alteryx empowers marketers to uncover hidden insights and drive informed decision-making. Whether it's optimizing marketing strategies, identifying new revenue streams, or mitigating operational risks, the software offers a comprehensive suite of tools designed to drive business growth and innovation. 

 

8. Brandwatch (brandwatch)

Brandwatch helps businesses monitor brand sentiment, track emerging trends, and analyze consumer conversations across digital channels with great precision and efficiency. From identifying influencers to detecting emerging threats, Brandwatch offers a comprehensive suite of tools designed to drive informed decision-making and fuel business growth.

By providing real-time insights into consumer behavior and preferences, Brandwatch empowers marketers to craft personalized experiences that resonate with their target audience. Whether it's optimizing marketing campaigns, mitigating brand risks, or capitalizing on market opportunities, Brandwatch serves as a trusted ally for marketers seeking to navigate the complexities of the modern marketplace.

A screenshot from the AI consumer intelligence and market research tool Brandwatch. This image shows a sample market analysis based on social listening data.

 

9. Qlik (qlik)

Qlick enables businesses to uncover hidden patterns, identify trends, and glean insights from vast troves of data with unprecedented speed and precision. Whether it's exploring customer behavior, optimizing marketing campaigns, or mitigating operational risks, Qlik offers a comprehensive suite of tools designed to drive informed decision-making and fuel business growth.

By democratizing access to advanced analytics and AI-powered insights, Qlik empowers marketers to make data-driven decisions with confidence and clarity. From understanding market dynamics to optimizing resource allocation, Qlik serves as a trusted partner for marketers seeking to navigate the complexities of the modern marketplace.

 

10. Dataminr (dataminr)

Dataminr empowers marketers to stay ahead of the curve by providing real-time alerts and actionable insights derived from social media, news, and other sources. By harnessing the power of AI, Dataminr enables businesses to detect emerging trends, identify potential risks, and capitalize on opportunities with unprecedented speed and efficiency.

Whether it's monitoring market sentiment, tracking competitor activity, or mitigating brand risks, Dataminr offers a comprehensive suite of tools designed to drive informed decision-making and fuel business growth. 

These market research tools leverage AI and advanced analytics to help businesses gather insights, analyze data, and make informed decisions in today's competitive market landscape.

A screenshot from Dataminr's AI platform showing an urgent news item being flagged for a marketing or social media team.

 

AI Powered Market Research with SightX

With SightX, you can harness the power of GPT to get better consumer insights, faster and more easily than ever before. 

Our robust market research tools, paired with the speed and accuracy of AI, mean you can run faster studies that provide more relevant insights. 

Curious? Learn more about the industry's first AI market research consultant. 

 

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Naira Musallam, PhD

Naira Musallam, PhD

Naira the co-founder of SightX and our in-house expert for all things research, statistics, and psychology. She received her doctorate from Columbia University, and served as faculty at both Columbia and NYU. She has over 15 years of experience in data analysis and research across multiple sectors in various industries.

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