AI in Social Media Market Posted By: Shelly.Arnold@Trustedbusinessinsights.Com

 


AI in Social Media Market

Key Points:

Companies are leveraging social media by AI which will help them give a better understanding of their customer’s buying pattern which in turn help them to keep the relevant product and product line. Companies can then personalize data /content/Product/by getting to know its buying pattern and what motivates him to take that decision

·        65 percent of all digital media time, that is a big percentage of share we spend on social media

·        Marketing companies have found that the customer is mobile-first, so with the help of AI, the marketing companies get the customer location and the time is spent on a particular brand and so the marketing companies can send an app or push notification so as to update customer order status and promotional offers for their favorite brand thereby encouraging growth for the AI market in social media

Aug. 13th, 2020

Trusted Business Insights answers what are the scenarios for growth and recovery and whether there will be any lasting structural impact from the unfolding crisis for the AI in the Social Media market.

Abstract

Artificial intelligence (AI) is an area of the computer the technological advancement that emphasizes the advent of Intelligent /smart machines that react and work like human beings. With the technological advancement in Artificial intelligence, machines have been designed like computers/ Smartphones which can recognize the voice and all learn with time.

According to ComScore, when it comes to mobile it accounts to 65 percent of all digital media time, that is actually a big percentage of share we spend on social media. It is the times spend on checking emails, chatting with a friend, working or shopping. Marketing companies have found that the customer is mobile-first, so with the help of AI, the marketing companies get the customer location and the time is spent on a particular brand and so the marketing companies can send an app or push notification so as to update customer order status and promotional offers for their favorite brand thereby encouraging growth for the AI market in social media. With the expansion in the usage of smartphone, availability of the mobile application, and improving the network speed, Smartphones have become a necessity nowadays for all almost all kinds of work.

Companies are leveraging social media by AI which will help them give a better understanding of their customer’s buying pattern which in turn help them to keep the relevant product and product line. Companies can then personalize data /content/Product/by getting to know its buying pattern and what motivates him to take that decision as AI can learn at a faster rate than any human the chances of making an error is eliminated and thus AI in social media marketing will tend to grow in much faster rate in the years to come. However, only hand full of AI experts might hinder AI Technology adoption in the developing economy. The privacy of customer /social media users will be hampered. Through these websites, people are giving their personal information out on the internet. These networking sites keep track of all the interactions done on their website and save them for later use. These can have some serious implication which I also include disclosure of a persons location, cyberstalking, 3rd party personal information disclosure, social profiling, and so on .This can pose as a major challenge to overcome for AI in social media.

On the basis of application, efficient customer experience management needs a complete view of customer interactions that include both traditional channels, such as phone calls and face-to-face meetings and communications that come through the website, from live chat or sessions with chatbots and from social media. These channels create unstructured data. This means that companies must be able to manage data from different sources to extract valuable insight with speed and precision and integrate them with existing customer data.

Effective consumer experience management desires the entire view of client interactions which include both traditional channels like, phone calls and communications, face-to-face conferences and that come via the internet the site, from live chat and from social media. These channels create which are then combine them with existing customer statistics for further use by the company, which will then contribute to the growth of the Ai social media market.

North America has observed huge technological advancement in the recent past which will eventually drive the dependency on mobile phones even more, and so this will drive the growth of AI Compelled with social media marketing in the long run. Asia Pacific region is anticipated to capture a substantial portion of AI in the social media market in the forecast period, due to the increase in number of smartphone users and internet users in APAC, the growth of this market will be driven by the demand of Smartphones.

The major player in the of AI in the social media Market: AWS, Facebook , Google, Adobe Systems, IBM, Baidu, Twitter, Salesforce, Clarabridge and Snap among others.

AI in Social Media Market: Component Segment Analysis

·        Solutions

·        Services

·        AI in Social Media Market: Application Segment Analysis

·        Customer Experience Management Predictive Risk Assessment

·        Sales & Marketing

·        AI in Social Media Market: End-User Segment Analysis

·        BFSI Education Media and Advertising Retail and Ecommerce Public Utilities

AI in Social Media Market: Regional Segment Analysis

·        North America

·        The U.S.

·        Europe

·        UK France

·        Germany

·        Asia Pacific

·        China Japan

·        India

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Jaeger USA

Jaeger USA is the Private Label Manufacturing Partner specializing in both Air and Water Sealing Solutions for the Construction Industry. Products are designed to save time, prevent moisture, water, and air leakage in the building envelope.

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