
Europe Social Media Analytics Market Size, Share & Trends Analysis Report By Component (Software and Services), By Type, By Deployment (Cloud and On Premise), By Function, By Application, By Vertical, By Country and Growth Forecast, 2024 - 2031
Description
Europe Social Media Analytics Market Size, Share & Trends Analysis Report By Component (Software and Services), By Type, By Deployment (Cloud and On Premise), By Function, By Application, By Vertical, By Country and Growth Forecast, 2024 - 2031
The Europe Social Media Analytics Market would witness market growth of 26.4% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Social Media Analytics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,204.8 million by 2031. The UK market is exhibiting a CAGR of 25.3% during (2024 - 2031). Additionally, The France market would experience a CAGR of 27.5% during (2024 - 2031).
Social media provides a wealth of information about consumer sentiment. Through sentiment analysis, businesses can understand public opinion on a product, service, or brand. This helps in the early detection of potential issues, improves customer relationship management, and allows companies to tailor their offerings to meet customer expectations. By monitoring discussions on social media, businesses can gain a deeper understanding of customer concerns, interests, and feedback.
Likewise, social media influencers have become essential partners in many marketing strategies. Social media analytics tools help brands identify potential influencers, measure their audience reach, and assess the impact of their campaigns. Analytics can track engagement rates, follower growth, and content performance to determine which influencers provide the best return on investment (ROI).
Denmark stands out as a leader in social media usage, with an impressive 91% of the population actively participating in social networks. Cyprus and Hungary are closely followed, with 83% and 81% of their populations engaging in social media, respectively. These high rates of social media participation create an ideal environment for the social media analytics market to thrive. As more users share their opinions, experiences, and preferences online, businesses and organizations gain access to a wealth of data. This abundance of data is crucial for businesses trying to interact with consumers, gauge brand sentiment, and adjust their marketing tactics in response to real-time input.
Furthermore, 224 out of the 273 EU regions have seen social media participation surpass 50%, further underlining the growing role of social media in European daily life. Among the regions with the highest shares of social media users are six Danish regions, including Midtjylland, Hovedstaden, Syddanmark, Nordjylland, and Sjælland, all of which report participation rates between 89% and 93%. These high engagement levels indicate that a significant portion of the population in these areas is active on social platforms. Social media analytics tools for businesses operating in these regions are increasingly critical in shaping marketing strategies, product development, and customer service efforts. In conclusion, Europe's high social media usage rates drive the demand for analytics solutions.
Based on Component, the market is segmented into Software and Services. Based on Type, the market is segmented into Descriptive Analytics, Diagnostic Analytics, Predictive Analytics, and Prescriptive Analytics. Based on Deployment, the market is segmented into Cloud and On Premise. Based on Function, the market is segmented into Sentiment Analysis, Dashboard & Visualization, Competitive Analysis, Hashtag Analysis, and Other Function. Based on Application, the market is segmented into Sales & Marketing Management, Customer Experience Management, Competitive Intelligence, Risk Management & Fraud Detection, Public Safety & Law Enforcement, and Other Application. Based on Vertical, the market is segmented into BFSI, Retail & Consumer Goods, IT & Telecommunications, Healthcare, Media & Entertainment, Travel & Hospitality, Government & Public Sector, and Other Vertical. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Adobe, Inc.
- IBM Corporation
- Oracle Corporation
- Salesforce, Inc.
- Microsoft Corporation
- Google LLC (Alphabet Inc.)
- Zoho Corporation Pvt. Ltd.
- Onclusive, Inc.
- HubSpot, Inc.
- Sprinklr, Inc.
By Component
- Software
- Services
- Descriptive Analytics
- Diagnostic Analytics
- Predictive Analytics
- Prescriptive Analytics
- Cloud
- On Premise
- Sentiment Analysis
- Dashboard & Visualization
- Competitive Analysis
- Hashtag Analysis
- Other Function
- Sales & Marketing Management
- Customer Experience Management
- Competitive Intelligence
- Risk Management & Fraud Detection
- Public Safety & Law Enforcement
- Other Application
- BFSI
- Retail & Consumer Goods
- IT & Telecommunications
- Healthcare
- Media & Entertainment
- Travel & Hospitality
- Government & Public Sector
- Other Vertical
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
178 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Social Media Analytics Market, by Component
- 1.4.2 Europe Social Media Analytics Market, by Type
- 1.4.3 Europe Social Media Analytics Market, by Deployment
- 1.4.4 Europe Social Media Analytics Market, by Function
- 1.4.5 Europe Social Media Analytics Market, by Application
- 1.4.6 Europe Social Media Analytics Market, by Vertical
- 1.4.7 Europe Social Media Analytics Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.5 Porter Five Forces Analysis
- Chapter 5. Europe Social Media Analytics Market by Component
- 5.1 Europe Software Market by Country
- 5.2 Europe Services Market by Country
- Chapter 6. Europe Social Media Analytics Market by Type
- 6.1 Europe Descriptive Analytics Market by Country
- 6.2 Europe Diagnostic Analytics Market by Country
- 6.3 Europe Predictive Analytics Market by Country
- 6.4 Europe Prescriptive Analytics Market by Country
- Chapter 7. Europe Social Media Analytics Market by Deployment
- 7.1 Europe Cloud Market by Country
- 7.2 Europe On Premise Market by Country
- Chapter 8. Europe Social Media Analytics Market by Function
- 8.1 Europe Sentiment Analysis Market by Country
- 8.2 Europe Dashboard & Visualization Market by Country
- 8.3 Europe Competitive Analysis Market by Country
- 8.4 Europe Hashtag Analysis Market by Country
- 8.5 Europe Other Function Market by Country
- Chapter 9. Europe Social Media Analytics Market by Application
- 9.1 Europe Sales & Marketing Management Market by Country
- 9.2 Europe Customer Experience Management Market by Country
- 9.3 Europe Competitive Intelligence Market by Country
- 9.4 Europe Risk Management & Fraud Detection Market by Country
- 9.5 Europe Public Safety & Law Enforcement Market by Country
- 9.6 Europe Other Application Market by Country
- Chapter 10. Europe Social Media Analytics Market by Vertical
- 10.1 Europe BFSI Market by Country
- 10.2 Europe Retail & Consumer Goods Market by Country
- 10.3 Europe IT & Telecommunications Market by Country
- 10.4 Europe Healthcare Market by Country
- 10.5 Europe Media & Entertainment Market by Country
- 10.6 Europe Travel & Hospitality Market by Country
- 10.7 Europe Government & Public Sector Market by Country
- 10.8 Europe Other Vertical Market by Country
- Chapter 11. Europe Social Media Analytics Market by Country
- 11.1 Germany Social Media Analytics Market
- 11.1.1 Germany Social Media Analytics Market by Component
- 11.1.2 Germany Social Media Analytics Market by Type
- 11.1.3 Germany Social Media Analytics Market by Deployment
- 11.1.4 Germany Social Media Analytics Market by Function
- 11.1.5 Germany Social Media Analytics Market by Application
- 11.1.6 Germany Social Media Analytics Market by Vertical
- 11.2 UK Social Media Analytics Market
- 11.2.1 UK Social Media Analytics Market by Component
- 11.2.2 UK Social Media Analytics Market by Type
- 11.2.3 UK Social Media Analytics Market by Deployment
- 11.2.4 UK Social Media Analytics Market by Function
- 11.2.5 UK Social Media Analytics Market by Application
- 11.2.6 UK Social Media Analytics Market by Vertical
- 11.3 France Social Media Analytics Market
- 11.3.1 France Social Media Analytics Market by Component
- 11.3.2 France Social Media Analytics Market by Type
- 11.3.3 France Social Media Analytics Market by Deployment
- 11.3.4 France Social Media Analytics Market by Function
- 11.3.5 France Social Media Analytics Market by Application
- 11.3.6 France Social Media Analytics Market by Vertical
- 11.4 Russia Social Media Analytics Market
- 11.4.1 Russia Social Media Analytics Market by Component
- 11.4.2 Russia Social Media Analytics Market by Type
- 11.4.3 Russia Social Media Analytics Market by Deployment
- 11.4.4 Russia Social Media Analytics Market by Function
- 11.4.5 Russia Social Media Analytics Market by Application
- 11.4.6 Russia Social Media Analytics Market by Vertical
- 11.5 Spain Social Media Analytics Market
- 11.5.1 Spain Social Media Analytics Market by Component
- 11.5.2 Spain Social Media Analytics Market by Type
- 11.5.3 Spain Social Media Analytics Market by Deployment
- 11.5.4 Spain Social Media Analytics Market by Function
- 11.5.5 Spain Social Media Analytics Market by Application
- 11.5.6 Spain Social Media Analytics Market by Vertical
- 11.6 Italy Social Media Analytics Market
- 11.6.1 Italy Social Media Analytics Market by Component
- 11.6.2 Italy Social Media Analytics Market by Type
- 11.6.3 Italy Social Media Analytics Market by Deployment
- 11.6.4 Italy Social Media Analytics Market by Function
- 11.6.5 Italy Social Media Analytics Market by Application
- 11.6.6 Italy Social Media Analytics Market by Vertical
- 11.7 Rest of Europe Social Media Analytics Market
- 11.7.1 Rest of Europe Social Media Analytics Market by Component
- 11.7.2 Rest of Europe Social Media Analytics Market by Type
- 11.7.3 Rest of Europe Social Media Analytics Market by Deployment
- 11.7.4 Rest of Europe Social Media Analytics Market by Function
- 11.7.5 Rest of Europe Social Media Analytics Market by Application
- 11.7.6 Rest of Europe Social Media Analytics Market by Vertical
- Chapter 12. Company Profiles
- 12.1 Adobe, Inc.
- 12.1.1 Company Overview
- 12.1.2 Financial Analysis
- 12.1.3 Segmental and Regional Analysis
- 12.1.4 Research & Development Expense
- 12.1.5 Recent strategies and developments:
- 12.1.5.1 Partnerships, Collaborations, and Agreements:
- 12.1.5.2 Acquisitions and Mergers:
- 12.1.6 SWOT Analysis
- 12.2 IBM Corporation
- 12.2.1 Company Overview
- 12.2.2 Financial Analysis
- 12.2.3 Regional & Segmental Analysis
- 12.2.4 Research & Development Expenses
- 12.2.5 Recent strategies and developments:
- 12.2.5.1 Partnerships, Collaborations, and Agreements:
- 12.2.6 SWOT Analysis
- 12.3 Oracle Corporation
- 12.3.1 Company Overview
- 12.3.2 Financial Analysis
- 12.3.3 Segmental and Regional Analysis
- 12.3.4 Research & Development Expense
- 12.3.5 Recent strategies and developments:
- 12.3.5.1 Product Launches and Product Expansions:
- 12.3.6 SWOT Analysis
- 12.4 Salesforce, Inc.
- 12.4.1 Company Overview
- 12.4.2 Financial Analysis
- 12.4.3 Regional Analysis
- 12.4.4 Research & Development Expenses
- 12.4.5 Recent strategies and developments:
- 12.4.5.1 Partnerships, Collaborations, and Agreements:
- 12.4.5.2 Acquisition and Mergers:
- 12.4.6 SWOT Analysis
- 12.5 Microsoft Corporation
- 12.5.1 Company Overview
- 12.5.2 Financial Analysis
- 12.5.3 Segmental and Regional Analysis
- 12.5.4 Research & Development Expenses
- 12.5.5 Recent strategies and developments:
- 12.5.5.1 Acquisition and Mergers:
- 12.5.6 SWOT Analysis
- 12.6 Google LLC (Alphabet Inc.)
- 12.6.1 Company Overview
- 12.6.2 Financial Analysis
- 12.6.3 Segmental and Regional Analysis
- 12.6.4 Research & Development Expense
- 12.6.5 Recent strategies and developments:
- 12.6.5.1 Product Launches and Product Expansions:
- 12.6.6 SWOT Analysis
- 12.7 Zoho Corporation Pvt. Ltd.
- 12.7.1 Company Overview
- 12.7.2 SWOT Analysis
- 12.8 HubSpot, Inc.
- 12.8.1 Company Overview
- 12.8.2 Financial Analysis
- 12.8.3 Regional Analysis
- 12.8.4 Research & Development Expenses
- 12.8.5 Recent strategies and developments:
- 12.8.5.1 Partnerships, Collaborations, and Agreements:
- 12.9 Onclusive, Inc.
- 12.9.1 Company Overview
- 12.9.2 Recent strategies and developments:
- 12.9.2.1 Product Launches and Product Expansions:
- 12.10. Sprinklr, Inc.
- 12.10.1 Company Overview
- 12.10.2 Financial Analysis
- 12.10.3 Regional Analysis
- 12.10.4 Research & Development Expenses
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