Dublin, June 12, 2018 (GLOBE NEWSWIRE) -- The "AI in Social Media Market by Technology, Application, Component, Enterprise Size, End-User, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global AI in social media 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.
The increasing adoption of the AI technology for various applications in the social media sector and the utilization of AI-enabled smartphones are expected to drive the growth of the AI in social media market. The limited number of AI experts and slow digitalization rate are affecting the adoption of the AI technology in the emerging economies, which in turn, are restraining the growth of the market.
On the basis of applications, the AI in social media market is segmented into sales and marketing, customer experience management, and predictive risk assessment. AI-enabled predictive risk assessment applications include competitive intelligence, fraud detection and prevention, compliance, and public safety and law enforcement.
The machine learning and deep learning technology is gaining importance in social media platforms, because it determines data patterns using AI, big data, and analytics from unstructured data that is generated on the social media. The growth of the machine learning and deep learning technology is expected to have fueled, due to its utilization in self-learning services and automating social media applications.
Among regions, North America is expected to have the largest market size in the AI in social media market during the forecast period. The North American region has shown increased investments in the market. A considerable growth is expected in the region during the forecast period. The US is one of the biggest markets for AI-based solutions in this region.In this region, the enterprises and governments have adopted AI in social media technologies for providing better customer experience.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the AI in Social Media Market
4.2 Market Applications
4.3 Market Leading Applications and Regions
4.4 Market Potential, By Region
4.5 Market By Component
4.6 Market By Region
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing User Engagement on Social Media Using Smartphones
5.2.1.2 Utilization of the AI Technology in Social Media to Understand Market Trends and Gain A Competitive Edge
5.2.1.3 Integration of the AI Technology With Social Media for Effective Advertising
5.2.2 Restraints
5.2.2.1 Limited Number of AI Experts
5.2.2.2 Slow Digitalization Rate Affecting the Adoption of the AI Technology in Emerging Economies
5.2.3 Opportunities
5.2.3.1 Voluminous Data Generation Through Social Media Platforms
5.2.4 Challenges
5.2.4.1 Lack of Standards to Manage the Increasing Unstructured Data
5.2.4.2 Concerns Related to the Data Privacy
5.3 AI in Social Media Market: Use Cases
5.4 Types of Social Media Platforms
5.4.1 Introduction
5.4.2 Social Networking
5.4.3 Microblogging
5.4.4 Photo Sharing
5.4.5 Video
6 AI in Social Media Market, By Technology
6.1 Introduction
6.2 Machine Learning and Deep Learning
6.3 Natural Language Processing
7 AI in Social Media Market, By Application
7.1 Introduction
7.2 Sales and Marketing
7.3 Customer Experience Management
7.4 Predictive Risk Assessment
7.4.1 Competitive Intelligence
7.4.2 Fraud Detection and Prevention
7.4.3 Compliance
7.4.4 Public Safety and Law Enforcement
8 Market By Component
8.1 Introduction
8.2 Solutions
8.2.1 Software Tools
8.2.2 Platforms
8.3 Services
8.3.1 Support and Maintenance
8.3.2 System Integration
8.3.3 Training
9 AI in Social Media Market, By Enterprise Size
9.1 Introduction
9.2 Small and Medium-Sized Enterprises
9.3 Large Enterprises
10 AI in Social Media Market, By End-User
10.1 Introduction
10.2 Retail and Ecommerce
10.3 Banking, Financial Services, and Insurance
10.4 Media and Advertising
10.5 Education
10.6 Public Utilities
10.7 Others
11 Geographic Analysis
12 Competitive Landscape
12.1 Overview
12.2 Top Players Operating in the AI in Social Media Market
12.3 Competitive Scenario
12.3.1 New Product/Service Launches and Product/Service Enhancements
12.3.2 Agreements and Partnerships
12.3.3 Acquisitions
12.3.4 Expansions
13 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/tqb5v8/2_1_billion_ai?w=12
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