The Business Research Company’s Social
Media global market report, covers the year-on-year growth of the global Social Media market historic
and forecast growth. It also includes chapters on the Social
Media
market trends, geographical analysis, and competitive landscape.
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the report at:
The global social media market size is
expected to increase by 2022, significantly growing at a stable CAGR during the
forecast period.
Social
Media Market Trends
The
social media market consists of sales by entities (organizations, sole traders
or partnerships) that enable customers to interact, create and share content
and information. Social media enables users to share pictures, video and audio
files. This market includes revenues from sales from advertisement and other
services offered on social media platforms.
Companies
in the social media market have been heavily investing in the online video
market such as digital hangouts. Digital hangouts include apps that let the
user video chat with multiple people simultaneously, and possibly engage in a
number of activities such as watching movies or shopping together. A number of
apps have started offering this service and has attracted a large user base.
For instance, Google launched Hangouts Meet, a digital hangout platform for
businesses. Hangouts Meet gives the users an option to participate in video
meetings with their colleagues. Hangouts Meet allows the user to create and
share links to videoconferences that other users can join without creating
accounts or installing plugins.
The global Social Media market is primarily driven by rise
in disposable income, narrowing prices of internet packs and growing mobile
users in all ages.
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a sample of the report:
The global Social Media market report covers the
following regions under the geographical analysis section: Asia Pacific,
Western Europe, North America, Middle East, Africa, South America, and Eastern
Europe. Major countries under each of these regions are also covered under the
country analysis chapters.
With the rise in population and growing
accessibility to mobile phones, the global Social Media market is expected to
increase in potential and scope. TBRC’s report also covers the Social Media
drivers and restraints in the market.
The global Social Media market’s segment shares in
each geographic region are mentioned in the report, along with the historic and
forecast growth rates for each segment presented visually with supporting
reasons to justify the growth rates.
The top companies included in the global Social
Media market report are Facebook,
YouTube, Instagram, Twitter,
LinkedIn.
About The Business Research Company:
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a Business Intelligence Company which excels in company, market and consumer
research. It has offices in the UK, the US and India and a network of trained
researchers in 15 countries globally.
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