AI in Social Media Market Worth 2,197.1 Million USD by 2023
PUNE, India, June 5, 2018 /PRNewswire/ --
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 market to grow from USD 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.
(Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )
Browse 83 market data Tables and 58 Figures spread through 179 Pages and in-depth TOC on "AI in Social Media Market"
https://www.marketsandmarkets.com/Market-Reports/ai-in-social-media-market-92119289.html
Early buyers will receive 10% customization on this report
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.
Among technologies, the Natural Language Processing (NLP) technology is expected to grow at the highest CAGR during the forecast period
In the AI in Social Media Market, the NLP technology is used to collect, analyze, and visualize customer-related data, such as responses to particular products and services. The NLP technology is also used to understand human languages via virtual chatbots. The use of the NLP technology in social media platforms has increased, which helps in offering 24/7 services to customers.
Inquiry Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=92119289
The Small and Medium-sized Enterprises (SME) segment is expected to have the largest market size during the forecast period
On the basis of enterprise size, the AI in Social Media Market is segmented into SMEs and large enterprises. Among these, the SMEs segment is expected to have the larger market size during the forecast period. The increasing demand for the integration of the AI technology with social media platforms is expected to have accelerated the growth of the SMEs.
In regions, Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period
In the APAC region, global as well as domestic enterprises are investing in AI in social media technologies. Moreover, this region is witnessing an increasing demand for cloud-driven AI in social media solutions, thereby resulting in the increasing investments and technology advancements in retail and eCommerce, and media and advertising end-users. The region has also emerged as a potential market that provides lucrative market opportunities for the industry players.
The AI in Social Media Market report encompasses the competitive landscape and company profiles of the key vendors based on their product offerings and business strategies. 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).
Know more about the AI in Social Media Market:
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 5000 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. Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Blog: http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets
Share this article