The Social Media Global Market Report 2023, provides comprehensive information on the social media market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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https://www.thebusinessresearchcompany.com/report/social-media-global-market-report

As per The Business Research Company’s Social Media Global Market Report 2023, the market size is expected to grow from $193.52 billion in 2022 to $231.1 billion in 2023 at a compound annual growth rate (CAGR) of 19.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The social media market is expected to grow to $434.87 billion in 2027 at a CAGR of 17.1%.

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The social media market is segmented:

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, Other End-User Industries

Asia-Pacific was the largest region in the social media market in 2022.

The table of contents in TBRC’s social media market report includes:
1. Executive Summary
2. Report Structure
3. Social Media Market Characteristics
4. Social Media Market Product Analysis
5. Social Media Market Supply Chain
...........................................................
20. Social Media Market Competitive Landscape
21. Key Mergers And Acquisitions In The Social Media Market
22. Market Background: Web Content, Search Portals And Social Media Market
23. Recommendations
24. Appendix

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