Social Media Analytics Market Size, Share and Global Market Forecast to 2026
Social Media Analytics Market The Social Media Analytics market was valued at 3,600 million in 2020 and is projected to grow at a CAGR of 34.1% during the forecast period (2021-2028). The factors driving the growth of Social Media Analytics Market includes the increasing demand for business intelligence tools, increasing number of smartphones, growing focus by businesses on collecting customer feedback and proliferation of social media networks. As per the report published by Bloomberg, the Social Media Advertising Market is anticipated to reach $262.62 Billion by 2028, growing at a CAGR of 12.4% during the forecast period (2021-2028), due to increased internet traffic, which will further boost the Global Social Media Analytics Market . Moreover, the increasing application of Social Media Analytics software by end use Industries such as media & entertainment, manufacturing and e-commerce and rising number of active social media users across the world, are s...