The Business Research Company published its Social Media Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Social Media market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the Social Media market’s segments-
1) By Type: Advertisement, Subscription
2) By Service: Social Networking, Micro Blogging and Instant Messaging, Photo Sharing Networks
3) By End-User Industry: Retail and Wholesale, Transportation Manufacturing, Food and Beverages, Financial Services, Information Technology, Electrical And Electronics Manufacturing, Media and Recreation, Transportation Services, Healthcare, Others.
View Complete Report: https://www.thebusinessresearchcompany.com/report/social-media-global-market-report-2020-30-covid-19-impact-and-recovery
Social Media Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global social media market is expected to grow from $88 billion in 2019 to $104.7 billion in 2020 at a compound annual growth rate (CAGR) of 19%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 31% from 2021 and reach $224.2 billion in 2023.
Companies in the social media market have been heavily investing in the online video market on digital hangouts. Digital hangouts include apps that let the user video chat with multiple people simultaneously, and possibly engage in a number of activities such as watching movies or shopping together. A number of apps have started offering this service and has attracted a large user base.
Few Points From Table Of Content:
- Executive Summary
- Report Structure
- Social Media Market Characteristics
- Social Media Market Product Analysis
- Social Media Market Supply Chain
....
- Key Mergers And Acquisitions In The Social Media Market
- Market Background: Web Content, Search Portals And Social Media Market
- Recommendations
- Appendix
- Copyright And Disclaimer
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Few Points From List Of Tables
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Social Media Market, 2019, By Region, Value ($ Billion)
Table 4: Global Social Media Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region
Table 5: Global Social Media Market, Growth And Market Share Comparison, By Region
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Table 126: Global Web Content, Search Portals And Social Media Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region
Table 127: Global Web Content, Search Portals And Social Media Market, 2015-2019, 2023F, 2025F, 2030F, Segmentation By Type, Value ($ Billion)
Table 128: Global Social Media Market In 2023- Growth Countries
Table 129: Global Social Media Market In 2023- Growth Segments
Table 130: Global Social Media Market In 2023- Growth Strategies
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