Press release
Social Media Advertisement Global Market 2024 - Growth Analysis, Business Opportunities, Future Trends, Developments And Forecast To 2033
Social Media Advertisement Global Market
The Business Research Company offers in-depth market insights through Social Media Advertisement Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The social media advertisement market size has grown rapidly in recent years. It will grow from $198.78 billion in 2023 to $226.73 billion in 2024 at a compound annual growth rate (CAGR) of 14.1%. The growth in the historic period can be attributed to increasing internet penetration, rise of social media platforms, targeted advertising capabilities, mobile device proliferation, data analytics and insights.
The social media advertisement market size is expected to see rapid growth in the next few years. It will grow to $362.64 billion in 2028 at a compound annual growth rate (CAGR) of 12.5%. The growth in the forecast period can be attributed to rising influencer marketing, video content dominance, e-commerce integration, globalization of brands, rising user engagement. Major trends in the forecast period include social commerce integration, personalization and data privacy, cross-platform campaigns, niche platforms, social responsibility and purpose-driven advertising.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=3265&type=smp
Market Segmentation:
The social media advertisement market covered in this report is segmented -
1) By Advertisement Type: Microblogging, Photo Sharing, Video Sharing, Other Types
2) By Device: Mobile, Personal Computers or Laptops
3) By End-Use Industry: Healthcare, Automotive, Retail, Telecom, BFSI, Other End Users
Major Driver - Rising Internet Penetration And Surging Social Media Users Drive Growth In Social Media Advertising Market
Growing internet penetration coupled with increasing social media users contributed to the growth of the social media advertising market. The tremendous growth in the number of social media users worldwide is encouraging advertisement and marketing companies to focus on social media platforms to advertise their products and services. For instance, in November 2022, according to the International Telecommunication Union, a Switzerland-based United Nations specialized organization in charge of information and communication technology, besides other duties, the worldwide Internet user population is expected to reach 5.3 billion, or 66% of the overall population. This implies that the growth rate climbed from 5.1% in 2020-2021 to 6.1% in 2021. Moreover, according to Oberlo, a Germany-based online platform, there are currently 4.59 billion social media users worldwide. Therefore, rising internet penetration together with the growth in the number of social media users across the globe is projected to propel the revenues for the social media advertising market over the forecast period.
Competitive Landscape:
Major companies operating in the social media advertisement market report are Google LLC, Alphabet Inc., Facebook Inc., VK Company Limited, Tencent Holdings Limited, ByteDance Ltd., LinkedIn Corporation, Naver Corporation, Snap Inc., Twitter Inc., Sina Corporation, Pinterest Inc., Advance Publications Inc., AOL LLC, Yelp Inc., MySpace Inc., Renren Inc., Discord Inc., New Work SE, Hootsuite Inc., Quora Inc., Brandwatch Ltd., Nextdoor Inc., Hi5 Networks Inc., Automattic Inc., Foursquare Labs Inc., Meetup Inc., Meta Platforms Inc., Sprout Social Inc., Buffer Inc., Telegram Messenger LLP, Ifwe Inc., Friendster Inc., Socialbakers a.s.
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/social-media-advertisement-global-market-report
Top Trend - Technological Advancements Transforming The Landscape Of Social Media Advertising
The advancement in technology is a major trend in the social media advertising market. Social media is likely to experience an increase in the adoption of technologies such as virtual reality (VR) and augmented reality (AR). These technologies help a social media advertising company enhance its product appearance to attract more users. For instance, Sephora, a France-based retail company has incorporated AR features on its Facebook page to enhance user experience. Through this, a user can try different products and know if they work. This advancement will draw more audiences and affect social media advertising positively.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Social Media Advertisement Market Characteristics
3. Social Media Advertisement Market Trends And Strategies
4. Social Media Advertisement Market - Macro Economic Scenario
5. Social Media Advertisement Market Size And Growth
…..
27. Social Media Advertisement Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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 Advertisement Global Market 2024 - Growth Analysis, Business Opportunities, Future Trends, Developments And Forecast To 2033 here
News-ID: 3418658 • Views: …
More Releases from The Business research company
Foam Tape Industry to Achieve $14.62 Billion Growth by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
How Will the Foam Tape Market Grow by 2025 in Terms of Size and Growth?
In recent times, there has been significant growth in the market size for foam tape. It is projected to escalate from $10.02 billion in 2024 to $10.77 billion in 2025, demonstrating a compound annual growth rate (CAGR)…
Continuous Positive Airway Pressure (CPAP) Mask Market Expansion Outlook: $3.85 …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Projected CAGR for the Continuous Positive Airway Pressure (CPAP) Mask Market from 2024 to 2025?
In recent times, the market size of the continuous positive airway pressure (cpap) mask has seen robust growth. The market is projected to rise from $2.83 billion in 2024 to $3 billion in 2025,…
Alkyd Coating Market to Record 7.5% CAGR Growth Through 2029 | Global Analysis R …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Alkyd Coating Market Outlook: How is the Market Expected to Grow by 2025?
The market size of alkyd coatings has experienced significant growth in the past few years. The market is projected to expand from $25.13 billion in 2024 to $26.74 billion in 2025, exhibiting a compound annual growth rate…
Water Free Skincare Market Analysis: $22.5 Billion by 2029 With a CAGR of 7%
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Water Free Skincare Market Value Projection: How Much Will the Market Size by 2025?
The market size of waterless skincare has experienced a robust increase in recent years. The expected growth is from $15.96 billion in 2024 to $17.15 billion in 2025, with a compound annual growth rate (CAGR) of 7.5%.…
More Releases for Social
Social Media Management Market, Social Media Management Market Size, Social Medi …
The Social Media Management Market is growing rapidly as businesses increasingly rely on social platforms to engage with customers, build brand awareness, and drive digital marketing strategies. Social media management solutions help organizations streamline content creation, scheduling, analytics, and audience engagement across multiple platforms, enabling more efficient and effective campaigns. With the rise of data-driven marketing, these tools also provide valuable insights into user behavior, trends, and campaign performance. As…
Introducing Waby Social - The Revolutionary Social Networking Platform
Waby Social is proud to announce the launch of its highly anticipated social networking platform, designed to revolutionize the way people interact online. With a focus on user privacy, simplicity, and seamless functionality, Waby Social promises to deliver a new standard of social media experience.
Waby Social aims to address the growing concerns of privacy and security issues that have plagued the social media landscape for years. The platform is designed…
Global Social Television Market by Types (Sharing Technology, Social EPG/Content …
The Global Social Television Market is expected to reach US$ XX Million by 2026, with a CAGR of XX% from 2021 to 2026, based on a newly published report.
Global Social Television Market Overview
Social Television Market research report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Global social television is a new form of television that is growing in popularity. Social television…
Customer Relationship Management (CRM) Market Report 2018: Segmentation by Socia …
Global Customer Relationship Management (CRM) market research report provides company profile for SAP, Oracle, Salesforce.com, Amdocs, IBM and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the…
Very social, but not just social media
Which channels are customers’ favourites when it comes to sharing good experiences?
By: Graham Ede, Yonder Digital Group
“Twice as many people tell others about bad experiences as opposed to the good ones” do you believe in this old adage? If so, you would not be alone, however, latest research commissioned by Yonder Digital Group reveals this common perception is in fact not true.
A key game-changer has been the rise of…
Trig Social Media announces acquisition of social-commerce.co
Trig social media AB is delighted to announce acquisition of 50.5% of www.social-commerce.co and its holding company Fusion Finance with an option to acquire the remaining 49.5% toward the end of the year.
The transaction will be completed with 9 million Trig Social Media shares to be issued shortly. The price for the remaining 49.5% is performance based.
Social-commerce is a gamified gig economy platform with an affiliate component that is…
