Europe AI in Social Media Market to Register Significant Growth During Forecast Period

Increasing adoption of AI technologies for numerous applications in social media to drive the growth of Europe AI in social media market

According to TechSci Research report, Europe AI in Social Media Market By Component, By Technology, By Organization Size, By Application, By End User Industry, By Country, Competition, Forecast & Opportunities, 2025”, the Europe AI in social media  market is expected to grow at a formidable rate during the forecast period owing to the growing demand for smart homes and smart cities in developing nations and utilization of AI enabled smartphones coupled with increasing adoption of AI technology for various applications in the social media sector. Additionally, increase in investments by e-commerce companies leveraging AI technology for personalized product recommendations on social media user’s profiles is further anticipated to furnish the AI in social media market in the region with ample growth opportunities. However, lack of AI experts and slow digitization rate can hamper the growth of market during forecast period.

Europe AI in Social Media Market

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The Europe AI in social media market is segmented based on component, technology, organization size, application, end user industry, company and regional distribution. Based on organization size, the market can be divided into SMEs and large enterprises. The SMEs are expected to register significant growth during forecast period owing to the increasing demand for the integration of the AI technology in the social media sector among the SMEs. Based on end user industry, the market can be categorized into BFSI, healthcare, retail, it & telecom, government and others. The retail industry segment is expected to dominate the market since AI is enabling the retail industry to provide personalized product recommendations, data-driven in-store experiences, and image recognition search through consumer’s social posts uncovering hidden patterns in the massive datasets.

Microsoft Corporation, Google Inc., AWS Europe, Adobe Systems Europe Ltd, Facebook Inc., IBM Corporation, Baidu Europe BV, Salesforce, Converseon.AI, Sprinklr and others are some of the leading players operating in Europe AI in social media market.

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“Europe AI in social media market is expected to witness robust growth during the next five years, on account of increased adoption of artificial intelligence, by both public and private sectors. Additionally, presence of key technology players in the region is further anticipated to propel the market through 2025.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Europe AI in Social Media Market By Component, By Technology, By Organization Size, By Application, By End User Industry, By Country, Competition, Forecast & Opportunities, 2025 has evaluated the future growth potential of Europe AI in social media market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Europe AI in social media market.

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