AI in Social Media Market – Opportunities, Challenges, Strategies & Forecasts 2023

AI in Social Media Market 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023

PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

AI in Social Media Market 2018 AI in Social Media Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 Artificial intelligence is referred as intelligence exhibited by machines by using machine or deep learning techniques which enables better decision making and customer service. In social media, artificial intelligence is used for sorting data through large clusters which is in the form of user-generated information. For social media, AI helps in personalized product suggestions based on previous engagements, image & voice recognition, and deep learning for sentiment analysis.

Social media applications such as Facebook, Twitter, YouTube, and others are heavily investing in internal resources or third-party collaborations, specifically focusing on artificial intelligence. Facebook, the largest social media platform with 2.01 billion monthly active users which is 26% of world population, reports 136,000 photos and status 293,000 status updates per minute which forms a huge pool of unstructured data for further computer analysis. The Facebook uses deep learning algorithm for classifying the unstructured data in a structured manner thereby reducing the time frame on servers. In the year 2017, Facebook Inc. launched DeepText, a deep learning-enabled text understanding engine, programmed to learn by observing how people communicate.

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AI in Social Media Market 2018 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “AI in Social Media Market Research Report - Global Forecast 2023�

The increase in demand for virtual assistants and adoption of cloud-based applications are driving the global AI in the social media market. Moreover, the rising trend for customer-centric market strategies is fuelling the market growth. However, concerns regarding security and unreliability of AI algorithms are slowing the adoption of these approaches to some extent which is hampering the market growth.

AI in social media marketing is on the rise. AI tools help in tracking the behaviour of a customer and helps in product promotion. Companies are adopting AI-based tools to increase their performance on social media channels which helps in saving both workforce and time.

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AI in Social Media Market 2018 Segmentation: The global AI in Social Media Market is segmented into component, deployment, technology, tools, vertical, and region. On the basis of component, the segment is further classified into solution and services. The solution can be further classified into predictive maintenance, virtual assistant, customer analysis, and others. On the basis of services, the segment is further classified into integration & deployment, training & consulting, support & maintenance. On the basis of technology, the market is further segmented into machine learning & deep learning and natural language processing. On the basis of deployment, the market is sub-segmented into on-cloud and on-premise. On the basis of tools, the segment is further classified into content creation, content optimization, consumer intelligence, competitive intelligence, and many others. On the basis of vertical, the market is further classified into BFSI, retail, healthcare, manufacturing, and many others.

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AI in Social Media Market 2018 Application & Major Players in this Research: AI in Social Media Market Prominent Players:

Oracle Corporation (U.S.), IBM Corporation (U.S.), Adobe Systems (U.S.), SAS Institute (U.S.), Google LLC (U.S.), SAP SE (Germany), Alice Technologies (U.S.), NVIDIA Corporation (U.S.), Micron Technology, Inc. (U.S.), Albert Technologies Ltd. (U.K) and many others Request a Sample Report @ https:// . www.marketresearchfuture.com/sample_request/6089 .

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AI in Social Media Market 2018 AI in Social Media Market Competitive Analysis Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: The global market for AI in social media is studied for North America, Europe, Asia Pacific, and the rest of the world. North America is expected to hold the major market share and is expected to continue through the forecast period. The rising need for social media measurement in various applications for enhancing the user experience is driving the market in the region. The high adoption of artificial intelligence in social media among SMEs is also fuelling the market. Asia Pacific is also anticipated to show a high growth rate during the forecast period. The rising trend of digitalization in the developing countries especially in China, India, and Taiwan are supporting the market growth.

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