Press release
Artificial Intelligence (AI) in Social Media Market 2022 Highlights Recent Trends, Market Growth, Business Opportunities till 2026
The Artificial Intelligence (AI) in Social Media Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Artificial Intelligence (AI) in Social Media market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Artificial Intelligence (AI) in Social Media market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Artificial Intelligence (AI) in Social Media market.The AI Market in Social Media valued at USD 815.33 million in 2020 and is expected to reach USD 3,714.89 million by 2026, recording a CAGR of 28.77%, during the forecast period of 2021-2026.
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Top Leading Companies of Artificial Intelligence (AI) in Social Media Market are - Google LLC, Microsoft Corporation, Facebook, Inc., Amazon Web Services, Inc, IBM Corporation, Adobe Systems Incorporated, Salesforce.com Inc., Baidu Inc., Snap Inc., Clarabridge Inc., HootSuite Media Inc., Meltwater News US Inc., Crimson Hexagon Inc., Sprout Social Inc. and others.
Industry News and Updates:
- IBM Corporation is set to combine capabilities with Apple Inc. in machine learning, AI and cloud to bring to market two new offerings, IBM Watson Services for Core ML and the IBM Cloud Developer Console for Apple.
- In 2018, Clarabridge was named a Leader and a Strong Performer in the recent AI-Based Text Analytics Wave and AI-Fueled Speech Analytics New Wave2 respectively.
- Adobe's acquisition of Uru, an AI startup that embeds ads in videos in 2018 and acquiring Sayspring, a platform that lets users design, build, and prototype voice apps like Alexa skills or Google Assistant actions.
Key Market Trends:
Retail Industry to Witness a Significant Growth
The expectations for assistive experiences will continue to boost application of AI in social media for retailers. Both the technologies are rapidly taking over the world of marketing, by replacing most of the traditional methods of advertising, such as TV, pamphlets, and newspaper ads.
- AI is enabling the retail industry to provide personalized product recommendations, data-driven in-store experiences and image recognition search through consumer’s social posts uncovering hidden patterns in the massive datasets.
- According to a recent study by IBM Corporation, 91% of retail executives familiar with Artificial Intelligence believe that it will play a disruptive role in their organization.
Asia Pacific to Expect Highest Growth Rate
There has been on an upswing in the region, over the past few years, owing to the increased adoption of artificial intelligence, by both public and private sectors.
- Significant investments are made by tech giants into AI technology in China promising growth potential. In 2018, Microsoft Research Asia and Amazon Web Services both announced new labs in Shanghai.
- In July 2017, China’s State Council issued the New Generation Artificial Intelligence Development Plan (AIDP) which forms the core of China’s AI strategy.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Artificial Intelligence (AI) in Social Media Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Artificial Intelligence (AI) in Social Media Market (%),2016 - 2026
- Artificial Intelligence (AI) in Social Media Market Share, By Brand
- Artificial Intelligence (AI) in Social Media Market Share, By Company
- Artificial Intelligence (AI) in Social Media Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Artificial Intelligence (AI) in Social Media Market Value Analysis & Forecast
- Promising Artificial Intelligence (AI) in Social Media Development by Major Companies
- Detailed Artificial Intelligence (AI) in Social Media Portfolio of the Major Companies
- Major Deals in the Artificial Intelligence (AI) in Social Media Market
- Major Companies Analysis
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- Country Level analysis for any 5 countries of your choice.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
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sales@marketinsightsreports.com | irfan@marketinsightsreports.com
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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