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Leading Growth Driver in the Social Media Analytics Market in 2025: Surge In Global Social Media Users Fuels Growth Of Social Media Analytics Market Driver's Influence
What combination of drivers is leading to accelerated growth in the social media analytics market?The global increase in social media users is fueling the expansion of the social media analytics market. The growing usage of internet-connected devices such as mobile phones, computers, and laptops has been noted. The internet has made global communication simpler and more effective. Additionally, social networking has been instrumental in broadening individuals' connections, making new acquaintances, advancing careers, establishing relationships, hiring workers, and finding people with unique skills, which has all added to its appeal. For illustration, in May 2023, as reported by Forbes, a US-based advisory and review resource, the international social media users totalled about 4.9 billion. This count is forecasted to swell considerably, expecting around 5.85 billion users by 2027. Hence, the growing number of social media users worldwide is projected to stimulate the growth of the social media analytics market throughout the projected period.
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What is the projected compound annual growth rate (CAGR) of the social media analytics market from 2025 to 2034, and what factors influence it?
The market size for social media analytics has seen substantial growth in the last few years. The market size is predicted to increase from $13.83 billion in 2024 to $17.39 billion in 2025, with a compound annual growth rate (CAGR) of 25.7%. The historic growth can be credited to the expansion of social media platforms, heightened user engagement, businesses adopting social media, evolution in marketing and advertising, impact of user-generated content, regulatory compliance, and risk management.
The industry size of social media analytics is projected to witness skyrocketing growth in the approaching years. The market is anticipated to expand to a value of $51.25 billion by 2029, with a compound annual growth rate (CAGR) of 31.0%. This advancement in the estimated period can be ascribed to various factors such as concerns regarding privacy and compliance, analysis of video and visual content, employee advocacy initiatives, use of social media analytics in political campaigns, and emotion and behavior analytics. Key trends that are expected to define the forecast period encompass cross-platform analytics, integration with e-commerce, geospatial and location-dependent analytics, the rise of specialized social platforms, and subscription-oriented analytics services.
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How are the latest trends influencing the growth of the social media analytics market?
A prominent trend gaining traction in the social media analytics market is the advancement in technology. Innovations such as artificial intelligence (AI) could entirely remodel the way brands exploit platforms like Facebook, Instagram, Twitter, and LinkedIn for their marketing strategies. It helps streamline numerous monotonous tasks tied to social media management. For example, Threads, a social media platform by Meta (previously known as Facebook) stationed in the US, introduced Analytics, Adds Post Drafts, and Scheduling in August 2024. These features such as analytics, post drafts, and scheduling in social media platforms improve user interaction and engagement. Analytics offers insights on the performance of the content, while post drafts provide flexibility in designing content and teamwork. Scheduling ensures an automated post release, guaranteeing regularity and maximum audience interaction. Collectively, these utilities assist the users in developing more efficient and tactical social media content.
What are the major segments of the social media analytics market and their role in driving growth?
The social media analytics market covered in this report is segmented -
1) By Component: Software, Services
2) By Deployment: On-Premise, Cloud
3) By Organization Size: Small And Medium Enterprises, Large Enterprises
4) By Application: Customer Segmentation And Targeting, Competitor Benchmarking, Multichannel Campaign Management, Customer Behavioral Analysis, marketing Management
5) By End-User Industry: Banking And Financial Services, IT And Telecommunications, Retail, Healthcare, Government Services, Media And Entertainment, Utilities, Transportation And Logistics, Other End Users
Subsegments:
1) By Software: Social Media Monitoring Tools, Sentiment Analysis Software, Engagement Analytics Platforms, Reporting And Visualization Tools, Social Listening Tools
2) By Services: Consulting Services, Implementation Services, Training And Support Services, Data Analysis And Reporting Services, Strategy Development Services
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Which regions are key players in the growth of the social media analytics market?
North America was the largest region in the social media analytics market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the social media analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the social media analytics market?
Major companies operating in the social media analytics market include International Business Machines Corporation, Google LLC, Oracle Corporation, SAS Institute Inc., Digimind, Hootsuite Inc., Talkwalker S. A., Oktopost Technologies Inc., Simplify360 Inc., Frrole Inc., Heuritech SAS, Salesforce Inc., Adobe Inc., Clarabridge Inc., Netbase Solutions Inc., Brandwatch Limited, Gooddata Corporation, Simply Measured Inc., Sysomos Inc., Sprout Social Inc., SAP SE, Unmetric Inc., Rival IQ Inc., Meltwater Us Holdings Inc., SpreadFast Inc., MetaQuotes Software Corp., Emplifi Inc. (Socialbakers), Sprinklr Inc., Synthesio Inc., Brand24 Inc., Qualtrics LLC, Cision Ltd., Zoho Corporation Pvt. Ltd.
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What Is Covered In The Social Media Analytics Global Market Report?
•Market Size Forecast: Examine the social media analytics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the social media analytics market for a structured understanding.
•Key Players Overview: Analyze major players in the social media analytics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the social media analytics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the social media analytics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the social media analytics market.
•Industry Challenges: Identify potential risks and obstacles affecting the social media analytics market.
•Competitive Landscape: Review strategic developments in the social media analytics market, including expansions, agreements, and new product launches.
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