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TMCNet:  AI in Social Media Market 2019 Global Scope, Size, Share, Industry Trends and Analysis

[June 11, 2019]

AI in Social Media Market 2019 Global Scope, Size, Share, Industry Trends and Analysis

According to a new market research report” AI in Social Media Market by Technology (Deep Learning & Machine Learning, and NLP), Application (Sales & Marketing, Customer Experience Management, and Predictive Risk Assessment), Component, Enterprise Size, End-User, and Region - Global Forecast to 2023", published by MarketsandMarkets™, the global AI in social media market to grow from 633.1 million in 2018 to USD 2,197.1 million by 2023, at a Compound Annual Growth Rate (CAGR) of 28.3% during the forecast period.


The increasing adoption of the AI technology for various applications in the social media sector and utilization of AI-enabled smartphones are expected to drive the growth of the AI in social media market.

Browse and in-depth TOC on “AI in Social Media Market” 83 - Tables 58 - Figures 179 - Pages Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=92119289 Major Key Companies: The major AI in social media vendors include Google (US), Facebook (US), AWS (US), IBM (US), Adobe Systems (US), Baidu (China), Salesforce (US), Twitter (US), Snap (US), Clarabridge (US), Converseon (US), Sprinklr (US), Unmetric (US), ISentium (US), Cluep (US), Netbase (US), Spredfast (US), Synthesio (US), Crimson Heaxagon (US), Hootsuite (CANADA), Sprout Social (US), Vidora (US), Meltwater (US), and Talkwalker (Luxembourg).

The increasing adoption of AI for various applications in the social media sector and the utilization of the AI technology for effective advertising campaigns on social media platforms are expected to drive the growth of the AI in social media market.

Among technologies, the Natural Language Processing (NLP) segment is expected to grow at a higher CAGR during the forecast period. As the NLP technology helps in reading social media content and understanding human languages from various social media platforms, it is being rapidly utilized by social media enterprises.

On the basis of components, the AI in social media market has been segmented into solutions and services. The services segment is expected to grow at a higher CAGR during the forecast period. The growing awareness among social media enterprises regarding the features and benefits of the AI technology in the social media industry, increasing adoption of the AI technology for various applications in the social media sector, and rising utilization of AI-enabled smartphones are expected to drive the global market.

Based on applications, the AI in social media market is segmented into sales and marketing, customer experience management, and predictive risk assessment. The sales and marketing segment is expected to have the largest market size during the forecast period. Due to the increasing social media users in the Asia Pacific (APAC) region, the adoption of sales and marketing applications is expected to increase at a rapid pace, as they provide better customer services.

Among enterprises, the Small and Medium-sized Enterprises (SMEs) segment is expected to grow at a higher CAGR during the forecast period. The increasing demand for the integration of the AI technology in the social media sector is expected to have accelerated the growth of the SMEs.

North America is expected to have the largest market size in the AI in social media market, while APAC is expected to grow at the highest CAGR during the forecast period. The North American region has shown increased investments in the market. A considerable growth is expected in the region during the forecast period. In North America, the AI in social media technologies is effectively used for various applications, such as sales and marketing, customer experience management, and predictive risk assessment.

The AI in social media market faces many challenges; for instance, the lack of standards to manage the increasing unstructured data that may generate data privacy issues in AI in social media solutions and the limited number of AI experts are restraining the growth of the market.

Browse Complete Report @ https://www.marketsandmarkets.com/Market-Reports/ai-in-social-media-market-92119289.html About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact: Mr. Shelly Singh MarketsandMarkets™ INC.

630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com

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