Web Content, Search Portals And Social Media Market Size, Analytical Overview, Growth Factors, Demand, Trends And Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Web Content, Search Portals And Social Media Global Market Report 2023 identifies Rising penetration of mobile, tablet and other electronics and rising data consumption as the major driver for the Web Content, Search Portals And Social Media market's growth in the forecast period. An increase in sales of internet-accessible electronic devices such as smartphones and tablets lead to an increase in the consumption of digital content. For example, the total number of smartphone devices across the world reached 6 billion in 2020, that is eight people out of 10 owned a smartphone in 2020, eventually driving the revenues of web content, search portals, SEO services, and social media companies. This increasing use of smartphones is expected to increase internet usage, hence driving the web content, search portals, SEO services, and social media market.

The global web content, search portals and social media market grew from $641.55 billion in 2022 to $747 billion in 2023 at a compound annual growth rate (CAGR) of 16.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The web content, search portals and social media market is expected to grow to $1316.8 billion in 2027 at a CAGR of 15.2%.

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Major competitors in the Web Content, Search Portals And Social Media market are Google, Facebook, Tencent, Baidu, and Netflix.

A key trend in the Web Content, Search Portals And Social Media market includes developing Progressive Web Applications (PWAs). PWAs enable developers to develop a single app that can work across all platforms and devices, leading to significant savings in the time and effort taken for app development. PWAs help web content publishing companies to maximize reach, increase the level of user engagement, and provide a unified customer experience. For example, Flutter, supported and developed by Google, is the latest framework used for developing mobile applications for operating systems such as iOS and Android. PWAs developed by Washington Post, an American news publishing company, have resulted in increasing the rate of user engagement by as much as five times.

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The Web Content, Search Portals And Social Media market is segmented -
1) By Type: Social Media, Internet Search Portals, Digital Publishing And Content Streaming, Search Engine Optimization Services
2) By Deployment Mode: On-premises, Cloud
3) By Organization Size: Large Enterprises, Small and Medium-sized Enterprises (SMEs)

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Web Content, Search Portals And Social Media market.

The Business Research Company's "Global Web Content, Search Portals And Social Media Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Web Content, Search Portals And Social Media Market Include:
1. Executive Summary
2. Report Structure
3. Web Content, Search Portals And Social Media Market Characteristics
4. Web Content, Search Portals And Social Media Market Product Analysis
5. Web Content, Search Portals And Social Media Market Supply Chain
……
23. Market Background: Media Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer

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