Companies
in the social media market have been heavily investing in the online video
market such as digital hangouts. Digital hangouts include apps that let the
user video chat with multiple people simultaneously, and possibly engage in several
activities such as watching movies or shopping together. Several apps have
started offering this service and has attracted a large user base. For instance, Google launched Hangouts Meet,
a digital hangout platform for businesses. Hangouts Meet gives the users an
option to participate in video meetings with their colleagues. Hangouts Meet
allows the user to create and share links to videoconferences that other users
can join without creating accounts or installing plugins.
THE BUSINESS
RESEARCH COMPANY VALUED THE GLOBAL SOCIAL MEDIA MARKET AT $35 BILLION IN
2017.
North
America was the largest geographic region in the market, accounting for more
than one-third of the global market. The USA was the largest country accounting
for nearly one-third of the global social media market.
Order the report at: https://www.thebusinessresearchcompany.com/report/social-media-global-market-report-2018
The chart below shows the year-on-year growth of the global social
media market during 2017 – 2021:
According to
The Business Research Company’s Consultant, Nitin Gianchandani, rise in social
media and the increasing volume of consumer data is driving growth and
innovation in the book publishing industry. Book Publishers can have broad and
deep visibility into their consumers, distributors and other stake holder data.
Publishers with digital first model are investing significantly in building
in-house data and analytics team. For example, Next Big Sound’s, Next Big Book
application provides a dashboard for the publishing industry that draws sales,
publicity events, social media, and web trends regularly to offer a holistic
view of the books’ performance.
Download a sample of the report at:
Facebook was
the largest player in the social media market, generating revenues of $27.63
billion for the financial year 2016. Facebook’s
growth strategy is to increase its user base in emerging markets, offer new
products and services and continue acquisitions to increase its product
offerings. Facebook has recently acquired Oculus in order to expand its virtual
experiences such as gaming.
Social
media portals enable customers to interact, create and share content and
information. These portals enable users to share pictures, video and audio
files.
Social Media Global
Market Report 2018 is a detailed report giving a unique insight into this
market. The report is priced at $4000 for an individual user. To use across
your office, the price is $6000 and $8000 if you wish to use across a
multinational company.
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The Business Research Company:
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call +447443439350 or +918897263534 or +919160996838 for more information on
this and many other titles.
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It has research professionals at its offices in the UK, India and
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