openPR Logo
Press release

Social Media Analytics Market is estimated to touch USD 21.6 billion in 2029, registering 22.7% CAGR during 2022-2029 | Size, Analysis & Forecast

12-07-2022 08:42 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Gmi Research

Social Media Analytics Market

Social Media Analytics Market

Social Media Analytics Market was valued at USD 4.2 billion in 2021 and is estimate to reach USD 21.6 billion in 2029 growing at a CAGR of 22.7%

For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/social-media-analytics-market-analysis-industry-research/

The factors driving the growth of Social Media Analytics Market includes the increasing demand for business intelligence tools, increasing number of smartphones, growing focus by businesses on collecting customer feedback and proliferation of social media networks. Moreover, the increasing application of Social Media Analytics software by end use Industries such as media & entertainment, manufacturing and e-commerce and rising number of active social media users across the world, are some of the additional factors augmenting the Social Media Analytics Market Size. According to Statista, as of April 2022, around 4.65 billion users worldwide were active on Social Media platforms.

The growth of Social Media Analytics Market is hindered due to inadequate standard measures and complexities in analytical workflow.

Some of the prominent players operating in the market are NetBase Quid, Oracle, Salesforce.com, inc., Brandwatch, Talkwalker Inc., IBM Corporation, SAS Institute Inc., Adobe, Digimind and Clarabridge among others.

Deployment Model - Segment Analysis

Based on the Deployment Model, the Cloud segment is projected to grow at a significant CAGR over the forecast period because it offers enhanced storage capacity, flexibility, enhanced performance, and cost efficiency to its users

Application - Segment Analysis

Based on application, the Risk Management and Fraud Detection segment is estimated to capture a sizeable market share during the forecast period due to its ability to reduce fraudulent activities.

On the other hand, the Sales and Marketing management segment will dominate the market during the forecast period due to increasing application of analytical tools for developing sizeable customer base across the world.

Regional - Segment Analysis:

Based on region, the North American region is projected to lead the market during the forecast period. The increasing technological innovations in analytical tools, rapid digitalization, rising internet proliferation and increasing application of social media Analytical tools in various end-use industries, are some of the key factors propelling the Global Social Media Analytics Market.

Market Segmentation

Global Social Media Analytics Market by Component

Software
Services
Professional Services
Consulting
Training & Education
Managed Services

Global Social Media Analytics Market by Deployment Model

On-premises
Cloud

Global Social Media Analytics Market by Organization Size

Large Enterprises
Small and Medium-sized Enterprises (SMEs)

Global Social Media Analytics Market by Application

Sales and Marketing Management
Customer Experience Management
Competitive Intelligence
Risk Management and Fraud Detection
Public Safety and Law Enforcement
Others

Global Social Media Analytics Market by Vertical

BFSI
Telecommunications and Information Technology (IT)
Retail and eCommerce
Healthcare and Life Sciences
Media and Entertainment
Government and Defense
Travel and Hospitality
Others

Global Social Media Analytics Market by Region

Asia Pacific
China
Japan
India
Rest of APAC

North America
United States of America
Canada

Europe
United Kingdom
Germany
France
Spain
Rest of Europe

RoW
Brazil
South Africa
Saudi Arabia
UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe - +353 1 442 8820; US - +1 860 881 2270
Address: Dublin, Ireland
Website: https://www.gmiresearch.com/

Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate, Dublin D18 Y3X2, Ireland

GMI Research's leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our clients business problems and add significant value to long lasting relationship.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Social Media Analytics Market is estimated to touch USD 21.6 billion in 2029, registering 22.7% CAGR during 2022-2029 | Size, Analysis & Forecast here

News-ID: 2837586 • Views: 393

More Releases from Gmi Research

AI Infrastructure Market is forecast to reach USD 156.7 billion in 2029, and is …
The AI Infrastructure Market is expected to reach USD 156.7 billion in 2029, growing at a CAGR of 25.6% % over the forecast period (2022-2029). For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/ai-infrastructure-market/ The factors driving growth of AI Infrastructure Market includes growing demand for AI hardware in strong computing data centers, AI Infrastructure solutions help companies in enhancing operational efficiency and performance and conserving natural resources and improvements in
Farm Equipment Market is projected to reach USD 171.7 billion in 2029 growing at …
Farm Equipment Market was valued at USD 115.3 billion in 2021 and is estimated to reach USD 171.7 billion in 2029, growing at a CAGR of 5.1% from 2022-2029 For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/farm-equipment-market-share-analysis-industry-research/ The factors driving growth of the Farm Equipment Market includes Government support in the form of subsidies on the purchase of farm equipment, loan waivers and credit assistance, growing popularity of autonomous tractors,
Virtual Sensor Market is Anticipated to Witness a Significant Annual Growth Rate …
The Virtual Sensor Market is expanding at a higher CAGR of 29.1% over the forecast period till 2029.For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/global-virtual-sensor-market/ The factors driving growth of the Virtual Sensor Market includes increasing deployment of virtual sensor solution across end-use industries such as manufacturing, automotive and transportation, rising demand for virtualization architecture in wireless sensor networks and improvements in the living standards. Moreover, increasing use of
Underfloor Heating Market is projected to reach USD 7.8 billion in 2029, increas …
Underfloor Heating Market size was valued at USD 4.5 billion in 2021 and is estimated to rise at a CAGR of 7.1% during the forecast period, reaching USD 7.8 billion in 2029 For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/report/global-underfloor-heating-market/ The factors driving growth of Underfloor Heating Market includes increasing number of green building projects, retrofitting of residential & small commercial spaces such as offices, retail stores and institutions, expansion of

All 5 Releases


More Releases for Media

Medical Media Market Is Booming Worldwide | Nucleus, Medical Media Digital, Inno …
Medical Media Market: The extensive research on Medical Media Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on Medical Media Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the market, such as market rate, estimated
Medical Media Market Analysis, Size, Share, Current Scenario And Future Prospect …
Global Medical Media Market Report provides a detailed Medical Media Industry overview along with the analysis of Cost Structure, Supply Chain, Development Management Techniques, Retailers Analysis, Financial Support, business Strategies, and Marketing Channels. Global Medical Media Market research report provides a point-by-point In-Depth analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, the impact of domestic and global market players,
Elevator Media Market to Witness Impressive Growth During 2022-2028 | Focus Medi …
Elevator Media Market provides strategy of mergers and executions to enhance their Market share and product assortment. The main goal of Global Elevator Media Market report is to provide a clear picture and a better understanding of the market. Additionally, it also covers the overall market situation along with future lookout around the world. The report evaluated key market features, including revenue, capacity, capacity utilization rate, price, production, production rate,
SmartWork Media Acquires ST Media Group Intl.
MONTCLAIR, NJ (September 15th, 2020) – SmartWork Media (www.smartworkmedia.com) has acquired all B2B titles, events, and digital media products of ST Media Group International (www.stmediagroupintl.com). The acquisition of titles is a strategic initiative to integrate the intellectual property of both organizations to create a more dynamic media company that is well positioned to meet the evolving needs of marketers in each respective industry. “SmartWork Media has a stable of powerful award-winning
Cytogenetics Media Market, Cytogenetics Media Market Analysis, Cytogenetics Medi …
The global Cytogenetics Media market is broadly and deeply studied in the report with key focus on the competitive landscape, regional growth, market segmentation, and market dynamics. We have used latest primary and secondary research techniques for compiling this comprehensive research study. The report offers Porter’s Five Forces analysis, PESTLE analysis, competitive analysis, manufacturing cost analysis, revenue and production analysis, and various other types of analysis to provide a complete
Culture, Media Uses, and Media Effects - Conference, 2017
As part of the Young Scholars Network on "Culture, Media Uses, and Media Effects" (C-Muse), 18 international scholars from the USA, South Korea, Turkey, Belgium, Switzerland, Croatia, The Netherlands, The Philippines, and Germany convened at the historical mansion of Touro College Berlin on June 15 and 16, 2017. C-Muse is headed by Touro psychology professor Prof. Dr. Özen Odag and funded by the German Research Foundation. Main aim of the first C-Muse meeting was