Press release
AI in Social Media Market Enhancement, Latest Trends, Leading Players Updates, Industry Demand, Growth and Opportunities during to 2032
The research study conducted by Report Ocean on the "AI in Social Media Market" spans over 100 pages and delves into various facets of this market. It analyses the business strategies adopted by emerging industry players, examines the geographical scope, dissects market segments, evaluates the product landscape, and investigates price and cost structures. This research report facilitates market segmentation based on the latest Market trends, geographical market, and technological advancements. Each section of the report is meticulously prepared to scrutinize key aspects of the market. Moreover, it includes a detailed analysis of current applications, comparing them while focusing on opportunities, threats, and conducting a competitive analysis of major companies.AI in Social Media Market is valued at approximately USD 1278 million in 2022 and is anticipated to grow with a healthy growth rate of more than 28.70% over the forecast period 2023-2030. AI in Social Media means the utilization and integration of AI technology in different types of social media platforms. The factor that drives the growth of the market is an increase in the number of users on social media as it propels companies to employ their AI services in social media. As per Statista, the number of users on social media was around 4.26 billion in 2021 and an increase in the number of users on social media is expected to drive the growth of AI in the Social Media Market.
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The other factor that drives the growth of the market is an increase in the integration of AI in social media for effective advertising as there are a lot of users on these platforms and these platforms act as the effective way for advertising as they are integrated with AI which propels the growth of AI in social media. However, the limited number of experts in Artificial Intelligence stifles the growth of the AI in Social Media Market.
The growth opportunity factor for the market is the analysis of real-time sentiments as AI can be used to understand the sentiments of social media posts. There is a good opportunity for several companies to monitor the sentiments of social media posts towards the public. The other opportunity for the market is an analysis of social media influencers as influencer marketing is on the rise and AI tools can help businesses to find suitable influencers for their business. As per Statista, the global market for influencer marketing in 2022 was around USD 16.4 billion and it is expected to increase on a YoY basis which can act as a growth opportunity for the market.
The key regions considered for the Global AI in Social Media Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to reasons such as a rise in government support for consent with regulations and there is an expansion of the presence of social media solution providers in AI. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as the rapid growth of the e-commerce industry in the region which enabled the increase in demand of AI-powered tolls which are there for social media.
Major market player included in this report are:
Microsoft Corporation
Google LLC
Amazon Web Services Inc.
Adobe Inc.
Meta Platforms Inc.
International Business Machines Corporation
Snap Inc.
Salesforce Inc.
Hootsuite Inc.
Twitter Inc.
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Recent Developments in the Market:
In October 2022, Meta declared a partnership with Microsoft to offer customers distinctive services in a range of industries, such as gaming and the future of work. As part of this partnership, Microsoft is expected to release Microsoft 365 apps for Meta Quest devices, which can enable its users to engage with material from workplace applications such as Excel, Word, Outlook, PowerPoint, and SharePoint in virtual reality (VR).
In Aug 2022, Veritone, Inc., the maker of the hyper-extensive corporate artificial intelligence (AI) platform aiWARE, announced an extension of its partnership with Amazon Web Services (AWS) to improve the service of its Media & Entertainment (M&E) clients.
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Technology, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below.
By Technology:
Machine Learning
Deep Learning
NLP
By Application:
Customer Experience Management
Sales and Marketing
Predictive Risk Assessment
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
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Key Questions Answered in the Market Report:
• How did the COVID-19 pandemic have an impact on the adoption of via a range of pharmaceutical and existence sciences companies?
• What is the outlook for the affect market all through the forecast length 2023-2032?
• What are the key developments influencing the have an impact on market? How will they have an impact on the market in short-, mid-, and long-term duration?
• What is the give up person appreciation toward?
• What are the key elements impacting the have an effect on market? What will be there have an impact on in short-, mid-, and long-term duration?
• What are the key possibilities areas in the influence market? What is their workable in short-, mid-, and long-term duration?
• What are the key techniques adopted via groups in the have an effect on market?
• What are the key utility areas of the influence market? Which utility is predicted to keep the very best increase attainable all through the forecast duration 2023-2033?
• What is the favoured deployment mannequin for the impact? What is the boom conceivable of quite a number deployment fashions existing in the market?
• Who are the key cease customers of pharmaceutical quality? What is their respective share in the affect market?
• Which regional market is predicted to maintain the easiest boom possible in the have an impact on market at some stage in the forecast length 2023-2032?
• Which are the key gamers in the have an impact on market?
Growth Hampering Factors in the Market:
• Environmental regulations: Stricter environmental regulations on the production and use of fossil fuels can limit the availability and use of traditional market.
• Safety concerns: Safety concerns regarding the storage and transportation of can limit their use.
• Supply chain disruptions: Disruptions in the global supply chain due to natural disasters, pandemics, or other factors can impact the availability and cost of market.
• Security concerns: Security concerns regarding the transportation and storage of market can limit their use and availability.
• Technological obsolescence: Advances in technology can make existing systems obsolete, leading to reduced demand.
• Competition from alternative fuels: The development of alternative fuels such as biofuels and hydrogen-based fuels can compete with traditional market.
• Volatility in oil prices: Fluctuations in oil prices can affect the cost of market, making it difficult for industry players to predict and plan for costs.
• Economic downturns: Economic downturns can result in reduced demand for air travel and air cargo transportation, leading to a reduction in demand for market.
• Geopolitical tensions: Political instability and tensions between nations can impact the global supply chain for market, leading to supply disruptions and price fluctuations.
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About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean is the world's leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.
Get in Touch with Us:
Report Ocean:
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 - UNITED STATES
Tel:+1 888 212 3539 (US - TOLL FREE)
Website: https://reportocean.com
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