Free Press Release
Create Free Account! Members Login
Art & Entertainment Automotive Blogging & Social Media Business Computer Design Education Environment Events / Trade Shows Games & Entertainment Government Health and Fitness Home & Family Industry Legal / Law Lifestyle News & Society Politics Religion Sports Technology Web sites / Internet

Press Release / Technology / AI in Social Media Market to Expand with Significant CAGR by 2023

AI in Social Media Market to Expand with Significant CAGR by 2023

By Ashish on August 10 2020 | 141 Views

AI in Social Media Market by Technology (Deep Learning & Machine Learning, and NLP), Application (Sales & Marketing, Customer Experience Management, and Predictive Risk Assessment), Component, Enterp

Artificial Intelligence (AI) is the theory and development of computer systems having the capability of performing repetitive tasks that require human intelligence. The AI in social media market is defined as the summation of AI products, solutions, and services for the social media sector. AI-based applications include sales and marketing, customer experience management, and predictive risk assessment.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=92119289

Artificial Intelligence (AI) is the theory and development of computer systems having the capability of performing repetitive tasks that require human intelligence. The AI in social media market is defined as the summation of AI products, solutions, and services for the social media sector. AI-based applications include sales and marketing, customer experience management, and predictive risk assessment.

The increasing user engagement on the social media and the integration of the AI technology with social media platforms for effective advertising campaigns are expected to drive the growth of the AI in social media market. The major AI in social media vendors include Google (US), Facebook (US), AWS (US), IBM (US), Adobe Systems (US), Baidu (China), Salesforce (US), Twitter (US), Snap (US), Clarabridge (US), Converseon (US), Sprinklr (US), Unmetric (US), ISentium (US), Cluep (US), Netbase (US), Spredfast (US), Synthesio (US), Crimson Hexagon (US), Hootsuite (CANADA), Sprout Social (US), Vidora (US), Meltwater (US), and Talkwalker (Luxembourg). The market players have adopted the strategies of new product launches, product enhancements, acquisitions, collaborations, and partnerships to offer feature-rich products, solutions, and services to their customers and venture deeper into untapped regions.

Facebook was founded in 2004 and is headquartered in California, US. It builds and develops products that enable people to connect through smartphones, tablets, personal computers, and desktops. The company’s main products include Facebook, Instagram, Messenger, WhatsApp, and Oculus. These products engage people efficiently in communicating with their peers. In May 2018, Facebook opened AI research lab centers at Pennsylvania and Seattle, US, to train next-generation AI researchers.

Google is another player in the AI in social media market. It is a multinational company that was founded in 1998 and is headquartered in California, US. The company operates through 2 business segments: Google and Other Bets. The Google segment comprises a wide range of products, such as Android, Ads, Google Cloud, Google Maps, Google Play, Search, YouTube, Chrome, Commerce, and hardware, whereas the Other Bets segment combines different operating segments that are not individually significant. In March 2017, Google and Facebook together invested USD 150 million to improve their AI research facilities in Canada.

Browse complete report @ https://www.marketsandmarkets.com/Market-Reports/ai-in-social-media-market-92119289.html



Latest Exclusive Press Release
Vision Processing Unit Market : Key Players , Size , Industry Trends and Technology Update 2024
Play Room Furniture Market Emerging Trends, Technology and Growth 2028
Acrylonitrile Market | Global Industry Share, Types, Region and Competition Analysis with Forecast to 2023
LiDAR Drone Market by Component , Application (Corridor Mapping, Archeology, Environment), Region - Global Forecast to 2025
Internet of Things Market 2019 Trends, Size, Segment and Industry Growth
Popular Press Release
Zeng Fanzhi Parcours Exhibition 2016 in Beijing
Feel-planet.com Has Made It Possible to Discover the Wonders of the World Online
Home Ministry’s Population Register Worse than Prisoner Identification
Best Web Hosting Service in India
First Time Home Buyers Tax Credits STILL Available For Troops!


Art & Entertainment Automotive Blogging & Social Media Business
Computer Design Education Environment
Events / Trade Shows Games & Entertainment Government Health and Fitness
Home & Family Industry Legal / Law Lifestyle
News & Society Politics Religion Sports
Technology Web sites / Internet