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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 market is expected to reach $309 billion in 2025 at a CAGR of 32%.
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The global social media market was valued at $33.8 billion in 2017. North America was the largest geographic region accounting for $11.3 billion or 33.43% of the global market. The USA was the largest country accounting for $9.4 billion or 27.8% of the global social media market.
Social media marketing refers to the process of gaining traffic or attention through social media sites.Social media itself is a catch-all term for sites that may provide radically different social actions. For example, Twitter is a social site designed to let people share short messages or "updates" with others. Facebook, in contrast is a full-blown social networking site that allows for sharing updates, photos, events and a variety of other activities.
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[175 Pages Report] Social Media Analytics Market categorizes the Global Market by Components as Software, Services, Consulting, Integration, Support, by Data Sources as Facebook, YouTube, Twitter, LinkedIn, Google Plus, by Users as SMBs, Enterprises & by geography.
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Latest research report, Social Media Market, has different aspects of global market like steady growth, fluctuations and changes in the market trends – these parameters given by TBRC. https://bit.ly/3nFEpwQ
The major players covered in the social media advertisement global market report are Facebook, Inc., Twitter, Pinterest, Inc., LinkedIn Corporation, Google LLC (YouTube), Snap Inc. Read More @ http://bit.ly/3gQDWFi
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The Web Content, Search Portals, And Social Media Global Market Report 2021-31 by The Business Research Company describes and explains the global web content, search portals, and social media market and covers 2016 to 2021
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