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Global $16.37 Bn Social Media Analytics Market by Component, Mode of Deployment, End-User and Geography - Forecast to 2023 - ResearchAndMarkets.com

December 18, 2018

DUBLIN--(BUSINESS WIRE)--Dec 18, 2018--The “Global Social Media Analytics Market - Segmentation By Component, Mode of Deployment (On-premise, On-demand), End-User (Retail, Media & Entertainment, Banking & Financial Services) and Geography - Growth, Trends, and Forecasts (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.

As of 2017, The global social media analytics market was valued at USD 3.07 billion in 2017 and is projected to reach a value of USD 16.37 billion by the end of 2023, at a CAGR of 28.2% over the forecast period 2018-2023.

Social media analytics is widely considered to be a major business and marketing tool in the present day business scenario. It is being used by businesses across the globe to gain actionable insights on consumer perceptions for improving their services and products.

Social media analytics combines monitoring, measurement, and analysis tools to uncover user sentiments, and identify key trends in the study market.

The deployment of social media analytics allows users to mine and decipher vast amounts of data from various social media platforms, such as Facebook, Twitter, and Instagram among others, to discover customer sentiment about brands, trends, customers concerns, the efficacy of the organization’s marketing campaigns, as well as competitor intelligence.

The increasing number of social media users and increase in spending on analytics is influencing the market growth.

Key Highlights

Increased Emphasis on Targeted Marketing and Competitive Intelligence Retail Sector accounts for a Dominant Social Media Analytics Market Share North America occupied a Major Share in Social Media Analytics Market

Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Segmentation By Component

6. Segmentation By Mode of Deployment

7. Segmentation By End-User

8. Segmentation By Geography

9. Vendor Market Share

10. Key Vendor Profiles

11. Future Trends in the Market

Companies Profiled

IBM Corporation SAS Institute Inc. Clarabridge Inc. Gooddata Crimson Hexagon Inc. Adobe Systems Incorporated Oracle Corporation Salesforce.com Netbase Solutions Inc. Simply Measured SAP SE Tableau Software Inc.

For more information about this report visit https://www.researchandmarkets.com/research/d7dk97/global_16_37_bn?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181218005507/en/

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Related Topics:Social Media

KEYWORD:

INDUSTRY KEYWORD: SOCIAL MEDIA COMMUNICATIONS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/18/2018 09:36 AM/DISC: 12/18/2018 09:36 AM

http://www.businesswire.com/news/home/20181218005507/en

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