Social Media Analytics Market Tends to Grow at a CAGR of 28.91% During 2017-2025

New York, USA, 2018-Dec-01 — /EPR Network/ —

According to Goldstein Research, Social Media Analytics Market is set to reach nearly USD 16.5 billion by 2024, growing at a CAGR of 28.5% over the forecast period (2017-2025). The growth in the development of artificial intelligence (AI), data mining and machine learning have improved social media analytics to quantify the free text and unstructured data available. Therefore, technological developments are the major driving factor in the growth of the Social media analytics market. Further, few challenges are hurdling the growth of Social Media Analytics Market such as unable to target all kind of users as it depends on people presence over social media platforms, the active user on a social media website could be a spammer. Based on geography, North America dominated the global social media analytics market share by 38.7% in 2017 owing to the fact that the large enterprises based in North America are using such tools for different objectives and also most active users are based in North America region from whom the quality data can be gathered. Where the US Social Media Analytics Market is set to reach nearly USD 6.38 billion by 2024, growing at a CAGR of 28.91% over the forecast period (2017-2025).

Browse Full Report:

https://www.goldsteinresearch.com/report/social-media-market-size

Market Segmentation

On the basis of our in-depth analysis, Social Media Analytics Market can be segmented as follows:

By Software

  • Monitoring
  • Measurements
  • Analytics
  • Insights

By Organization Size

  • Small and Medium Sized Enterprises
  • Large Enterprises

By Deployment Type

  • On-Premise
  • Cloud Based

By Application

  • Sales and Marketing Management
  • Customer Segmentation and Targeting
  • Competitive Intelligence
  • Risk and Fraud Management
  • Campaigning
  • Others (Law Enforcement, etc)

By End-User

  • Retail Industry
  • Media and Entertainment Industry
  • Telecommunication Industry
  • Banking and Financial Services Industry
  • Others (Travel Industry)

By Geography

  • North America (U.S. & Canada)  Global Social Media Analytics Market {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest Of Latin America)  Global Social Media Analytics Market {Market Share (%), Market Size (USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & Roe)  Global Social Media Analytics Market {Market Share (%), Market Size (USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest Of Asia)  Global Social Media Analytics Market {Market Share (%), Market Size (USD Billion)}
  • Middle East & Africa (GCC, South Africa, North Africa, Romea)  Global Social Media Analytics Market {Market Share (%), Market Size (USD Billion)}

 

“Social Media Analytics Market Outlook 2025” contains detailed overview of the United States social media analytics market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by software, organization site, deployment type, application, and end user.

Download Exclusive Sample Report: 

https://www.goldsteinresearch.com/request-sample/social-media-market-size

The Social Media Analytics Market Report highlights the competitive outlook of major United States players that includes business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The in-depth analysis of the social media analytics market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the Social Media Analytics Market discussed in the report are IBM, Oracle, Salesforce.com, SAP, Adobe Systems, Brandwatch, GoodData, Hootsuite Media, SAS Institute, Tableau Software, etc.

Further, the Social Media Analytics Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Social Media Analytics Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis, and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

Global Social Media Analytics Market is driving on the basis of advancement in mention below industries:

Search Engine Market

A search engine is “a program that searches for and identifies items in a database that correspond to keywords or characters specified by the user, used especially for finding particular sites on the World Wide Web. Search Engine Market is set to reach nearly USD 200 billion by 2024, growing at a CAGR of 4.3% over the forecast period (2017-2025). Mobile phones platform accounted for largest market share nearly 83.4% in 2017, followed by tablets and desktop.  Where the Asia-Pacific Search Engine Market is set to reach nearly USD 100 billion by 2024, growing at a CAGR of 4.3% over the forecast period (2017-2025).

AI Market

Global AI market is expected to expand at a CAGR of 17.2%. Developing economies around the world are adopting smart technologies to increase the efficiency of their business which further helps to gain profitability. The shift of enterprises towards innovative and smart technology products has directly opened the door for artificial intelligence market globally. Further, based on geography, global artificial intelligence market is dominated by North America region and is expected to continue its growth at fast CAGR during the forecast period.

Big Data Market

Global organizational spending is estimated to reach over USD 500 billion by the end of 2024. Increasing number of heterogeneous data generated from web clicks boosting the necessity to manage and monitor the data which will significantly impel the big data market growth in the near future. Adaptation of cloud computing is giving an edge for the growth of Big Data Market across the globe. Discovering and analysis of huge amount of data is progressively bringing the business opportunities from past few years

 

Matched content

Editor’s pick

Express Press Release Distribution