The Social Media
Global Market Report 2020-30 by The Business Research Company describes and
explains the global Social Media market and covers 2015 to 2020, termed the
historic period, and 2020 to 2025 termed the forecast period, along with
further forecasts for the period 2025-2030. The report evaluates the market
across each region and for the major economies within each region.
The Social Media
Global Market Report 2021 covers Social Media market drivers, Social Media
market trends, Social Media market segments, Social Media market growth rate, Social
Media market major players, and Social Media market size.
View Complete Report: https://www.thebusinessresearchcompany.com/report/social-media-global-market-report-2020-30-covid-19-impact-and-recovery
The Social Media
market report provides an in-depth analysis of the impact of COVID-19 on the global
Social Media industry, along with revised market numbers due to the effects of
the coronavirus and the expected Social Media market growth numbers 2021-2030.
Social Media
Global Market Report 2021 is the most comprehensive report available on this
market and will help gain a truly global perspective as it covers 60
geographies. The chapter on the impact of COVID-19 gives valuable insights on
supply chain disruptions, logistical challenges, and other economic
implications of the virus on the market. The chapter also covers markets which
have been positively affected by the pandemic.
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The global social media market is expected
to grow from $94.83 billion in 2020 to $102.62 billion in 2021 at a compound
annual growth rate (CAGR) of 8.2%. The growth is mainly due to the companies
rearranging their operations and recovering from the COVID-19 impact, which had
earlier led to restrictive containment measures involving social distancing,
remote working, and the closure of commercial activities that resulted in
operational challenges. The market is expected to reach $308.96 billion in 2025
at a CAGR of 32%.
The report covers the social media
market’s segments-
1) By Type: Social Media Advertisement, Social Media Subscription.
2) By Service: Social Networking, Micro Blogging and Instant Messaging, Photo
Sharing Networks.
3) By End-User Industry: Retail and
Wholesale, Transportation Manufacturing, Food and Beverages, Financial
Services, Information Technology, Electrical And Electronics Manufacturing,
Media and Recreation, Transportation Services, Healthcare, Others.
About The Business Research Company:
The Business
Research Company is a market intelligence firm that excels in company, market,
and consumer research. Located globally it has specialist consultants in a wide
range of industries including manufacturing, healthcare, financial services,
chemicals, and technology. It has offices in the UK, the US and India and
a network of trained researchers in 20+ countries globally.
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