Europe AI in social media market
is expected to grow at a formidable rate during the forecast period. The Europe AI in
social media market is driven by the use of artificial intelligence technology for
ensuring customer satisfaction and enhancing experience by integrating
chatbots, improving retargeting strategies, predicting customer behaviour,
among others.
The Europe
AI in social media market is segmented based on component, technology,
organization size, application, end user industry, company and regional
distribution. Based on component, the market can be bifurcated into software
tools and services. The services segment is expected to witness significant
growth over the next five years. This can be ascribed to the growing awareness
among social media enterprises regarding the features and benefits of the AI
technology in the social media industry, increasing adoption of the AI
technology for various applications in the social media sector, and rising
utilization of AI-enabled smartphones. Based on technology, the market can be further
categorized into deep learning & machine learning, natural language
processing (NLP) and others. The natural language processing segment is
expected to dominate the market during the forecast years. Since NLP technology
helps in reading social media content and understanding human languages on
various social media platforms, it is being rapidly utilized by social media
enterprises to connect with a wider audience.
Major players
operating in the Europe AI in social media market include Microsoft Corporation, Google Inc., AWS Europe,
Adobe Systems Europe Ltd, Facebook Inc., IBM Corporation, Baidu Europe BV, Salesforce,
Converseon.AI, Sprinklr and others. The companies are developing advanced
technologies and launching new products in order to stay competitive in the
market
Years
considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the Study:
- To analyze and forecast the market size of Europe AI in social media
market.
- To classify and forecast Europe AI in social media market based on component,
technology, organization size, application, end user industry, company and
country distribution.
- To identify drivers and challenges for Europe AI in social media market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in Europe AI in social media market.
- To identify and analyze the profile of leading players operating in
Europe AI in social media market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of service providers across the region. Subsequently, TechSci Research
conducted primary research surveys with the identified companies. While
interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the service providers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the service providers, distribution channels and presence of all
major players across the region.
TechSci
Research calculated the market size of Europe AI in social media market using a
bottom-up approach, wherein data for various end-user segments was recorded and
forecast for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through
analyzing historical data of these product types and applications for getting
an appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- AI in social media service providers, vendors
and other stakeholders
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
AI in social media
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as service providers,
vendors, partners, end
users, etc., besides allowing them in strategizing investments and capitalizing
on market opportunities.
Report Scope:
In this report, Europe AI in social
media market has been segmented into following categories, in addition to
the industry trends which have also been detailed below:
- Market, By Component:
- Market, By Technology:
- Deep
Learning & Machine Learning
- NLP
- Market, By Organization Size:
- Market, By Application:
- Sales
& Marketing
- Customer
Experience Management
- Predictive
Risk Assessment
- Market, By End User Industry:
- Retail
& E-commerce
- BFSI
- Media
& Advertising
- Education
- Others
- Market, By Country:
- United
Kingdom
- France
- Germany
- Italy
- Spain
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Europe AI in social media market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]