AI In Social Media Market size worth $ 6.12 Billion, Globally, by 2028 at 28.82% CAGR: Verified Market Research®

The increasing application of AI technology in social media, use of AI for performance monitoring, competitive analysis, sales and marketing management and other application to gain a competitive edge are some of the factors to lead the market growth.

JERSEY CITY, N.J., March 7, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "AI In Social Media Market" By Technology (Machine Learning and Deep Learning, Natural Language Processing), By Application (Customer Experience Management, Sales and Marketing), By Component (Hardware and Software), and By Geography. According to Verified Market Research, the Global AI In Social Media Market size was valued at USD 0.74 Billion in 2020 and is projected to reach USD 6.12 Billion by 2028, growing at a CAGR of 28.82% from 2021 to 2028.

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202 - Pages
126 – Tables
37 – Figures

Global AI In Social Media Market Overview

The increasing demand for smart homes and smart cities in developing countries and artificial intelligence technology in smartphones with the increase in the adoption of AI technology for various applications in the social media sector are the major factors driving the market growth. An increase in investment by e-commerce companies helps in product recommendations by social media users.

Moreover, increasing consumer awareness, the standard of living, with the rise in digitalization in the developing countries. With the help of AI technologies, people are aware of the trends in the market by getting a large amount of data on the social media platform to understand the trends and brands in the market are some of the essential drivers for the growth of the Market globally.

Key Developments

• On February 2020, Google sealed the acquisition of the analytics firm Looker to boost its cloud offerings.
• On June 2019, Twitter acquired Fabula AI to strengthen its machine learning expertise. Fabula AI is a London-based start-up with world-class machine learning researchers who employ graph deep learning to detect network manipulation.

Key Players

The major players in the market are Google Inc, Facebook, AWS, IBM, Adobe Systems, Baidu, Salesforce, Twitter, Snap, and Clarabridge.

Verified Market Research has segmented the Global AI In Social Media Market On the basis of Technology, Application, Component, and Geography.

• AI In Social Media Market, By Technology
• Machine Learning and Deep Learning
• Natural Language Processing
• AI In Social Media Market, By Application
• Customer Experience Management
• Sales and Marketing
• Predictive Risk Assessment
• Others
• AI In Social Media Market, By Component
• Hardware
• Software
• AI In Social Media Market By Geography
• North America
• U.S
• Canada
• Mexico
• Europe
• Germany
• France
• U.K
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• ROW
• Middle East & Africa
• Latin America

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Top 10 Content Marketing Companies tailoring the waves of social media channels

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