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Social media analytics market to grow at 30.42% CAGR by 2021 made available by top research firm

IT Market Research

The global Social Media Analytics market research report identifies the following companies are the key players: IBM, Oracle,, and SAP. Other Prominent Vendors in the market are: Adobe Systems, GoodData, Hootsuite Media, SAS Institute, and Tableau Software.

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Complete report on the Social Media Analytics Market Research Report spread across 77 pages, profiling 9 companies with table of content is now available at…aspx?name=1097622 .

Social Media Analytics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts.

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The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the Key vendorsoperating in this market.

One trend in the market is advanced targeting options. Social networks gather vast amounts of user information.

Social media analytic tools target audience in a variety of ways other than online platforms. Social media advertising focuses on consumers beyond demographic and geographic barriers.

According to the report, one driver in the market is increasing brand recognition due to social media. Profiles of individuals or organizations can be widely shared through the social media.

The Internet displays advertisements based on the browsing habits of an individual. These advertisements feature on web pages that the individual might access, thereby increasing the popularity of the brand.

Social media analytics tools enable vendors in increasing their customer base.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Access this Report at .

Further, the report states that one challenge in the market is lack of awareness regarding social media analytics. Social media analytics solutions involve data generation, data interpretation, and report generation processes.

These solutions help in deriving meaningful insights from the collated data. The high cost of social media analytic tools hinders the adoption of these solutions.

In addition, the analytics solutions are not 100% accurate.

The report covers the present scenario and the growth prospects of the global social media analytics market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?           

What are the key market trends?                       

What is driving this industry?                                  

What are the challenges to market growth?

Who are the key vendors in this industry space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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