Media Monitoring Tools Market Trends, and Forecast, 2020-2030

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Media Monitoring Tools Market to expand with signi몭cant CAGR during 2030 2022-02-18

Transparency Market Research Pvt. Ltd

/ Information Technology Markets / 2022-02-18 Guest Post By Rohit Bhisey

Media Monitoring Tools Market (Opportunity Assessment) To Reach US$ 11,995.4Mn By 2030 Media Monitoring Tools Market: Overview According to a new market report pertaining to the global media monitoring tools market published by

global media monitoring tools market published by Transparency Market Research , the global media monitoring tools market is projected to reach US$ 11,995.4 Mn by 2030. The media monitoring tools market is projected to expand at a CAGR of 14.1% from 2020 to 2030.

Increased Internet Accessibility in Developing Countries - The media monitoring tools market is being driven by the increasing accessibility of the internet in developing nations. Developing countries are receiving government support for the development of electronic infrastructure, which includes internet connectivity.

Countries such as India, Indonesia, and Malaysia are highly focused on digitization. Internet access is growing worldwide, including in developing countries.

However, it remains higher in advanced economies. A minimum of 60% of the population in several large economies have access to the internet. These economies include Russia, China, Brazil,. Internet access rates is increasing in developing countries and are concentrated mostly in sub-Saharan Africa and parts of Asia. The increasing accessibility has driven the volume of digital content exponentially. The need for media monitoring tools has also increased with the increasing scope of digital advertising and growing number of internet users.

Increasing Spend on Digital Advertising - By the end of year 2020, it is expected that digital advertising will likely hit US$ 336 Bn. A growth of 6.5% in the overall U.S. ad spend is anticipated in 2020 with a 12.4% jump

in digital advertising to US$ 135 Bn, making up more than 53% of total ad spend. BFSI is expected to spend more than US$ 53 Bn in advertising. The growing spend on digital advertising is driving the need to adopt media monitoring tools to capitalize the huge market opportunity.

Download Sample Report: www.transparencymarketresearch.com/sample/ …p_id=33392 Media Monitoring Tools Market: Market Taxonomy The global media monitoring tools market has been segmented in terms of component, enterprise size, and industry. By component, the market has been segmented into software/platform, services [professional services {consulting services and integration & implementation}, managed services].

By enterprise size, the global media monitoring tools market has been segmented into small & medium enterprise, and large enterprise. Based on industry, the media monitoring tools market has been segmented into IT & telecom, hospitality, BFSI, healthcare, retail and E-commerce, media and entertainment, manufacturing and others (education, government).

By region, the global media monitoring tools market is divided into North America, Europe, Asia Paci몭c, Middle East & Africa, and South America. Initially, vendors across the ecosystem of media monitoring tools were analyzed based on device and technology providers in the market.

on device and technology providers in the market.

Enquiry : www.transparencymarketresearch.com/sample/… p_id=33392 Media Monitoring Tools Market: Regional Outlook North America is expected to dominate the media monitoring tools market during the forecast period. Asia Paci몭c is expected to see increasing growth in the media monitoring tools market.

The market in Europe, South America, and Middle East & Africa is also expected to expand rapidly during the forecast period.

The report provides in-depth segment analysis of the global media monitoring tools market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries which hold growth opportunities or account for signi몭cant share has also been included as part of geographic analysis of the media monitoring tools market.

Media Monitoring Tools Market: Competition Dynamics The research study includes pro몭les of leading companies operating in the global media monitoring tools market. Key players pro몭led in the report include BoomSonar, Buzzcapture B.V., Coosto BV, Snap Trends, Inc, YouScan, Ubermetrics Technologies GmbH, Lucidya, Social Media Research Foundation, Sprinklr, Inc., SemanticForce Inc., Talkwalker, Agility PR Solutions LLC, BurrellesLuce, Cision Ltd., Critical Mention, Inc., CyberAlert LLC,

Cision Ltd., Critical Mention, Inc., CyberAlert LLC, Hootsuite Inc., M-Brain, Meltwater, and TVEyes Inc.

News From Transparency Market Research...

Category: Market Research Publishers and Retailers Pro몭le: Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

For more information: www.transparencymarketresearch.com/media-m… arket.html www.transparencymarketresearch.com/sample/… p_id=33392 www.transparencymarketresearch.com/sample/… p_id=33392 www.prnewswire.com/news-re…76763.html

Rohit Bhisey

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