New Analysis from Global Industry Analysts Reveals Steady Growth for Social Media IT Spending, with the Market to Reach $169.4 Billion Worldwide by 2026

SAN FRANCISCO , July 4, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Social Media IT Spending - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to our digital archives and MarketGlass Research Platform
• Complimentary updates for one year

Edition: 9; Released: January 2022
Executive Pool: 57317
Companies: 13 - Players covered include Adobe Systems, Inc.; Akamai Technologies, Inc.; Cisco Systems, Inc.; Dell EMC; Google Analytics; Hewlett-Packard Development Company LP; Hubspot Inc.; IBM Corporation; Juniper Networks, Inc.; Kenshoo, Ltd.; Microsoft Corporation; NetApp, Inc.; Oracle Corporation; Salesforce.com, Inc.; SAP SE; SAS AB; Tencent Holdings Ltd.; Unmetric Inc.; VMware, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Segment (Social Media IT Spending)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlasstm Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry

ABSTRACT-

Global Social Media IT Spending Market to Reach $169.4 Billion by 2026
Amid the COVID-19 crisis, the global market for Social Media IT Spending estimated at US$58.6 Billion, is projected to reach a revised size of US$169.4 Billion by 2026, growing at a CAGR of 19% over the analysis period.

The U.S. Market is Estimated at $21.6 Billion in 2021, While China is Forecast to Reach $30 Billion by 2026
The Social Media IT Spending market in the U.S. is estimated at US$21.6 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$30 Billion by the year 2026 trailing a CAGR of 18.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.9% and 16.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 13.2% CAGR. More

MarketGlasstm Platform
Our MarketGlasstm Platform is a free full-stack knowledge center that is custom configurable to today`s busy business executive`s intelligence needs! This influencer driven interactive research platform is at the core of our primary research engagements and draws from unique perspectives of participating executives worldwide. Features include - enterprise-wide peer-to-peer collaborations; research program previews relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke report generation; monitor market trends; competitive brands; create & publish blogs & podcasts using our primary and secondary content; track domain events worldwide; and much more. Client companies will have complete insider access to the project data stacks. Currently in use by 67,000+ domain experts worldwide.

Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our just released mobile application on iOS or Android

About Global Industry Analysts, Inc. & StrategyRtm
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

LINKS
Join Our Expert Panel
https://www.strategyr.com/Panelist.asp

Connect With Us on LinkedIn
https://www.linkedin.com/company/global-industry-analysts-inc./

Follow Us on Twitter
https://twitter.com/marketbytes

Journalists & Media
[email protected]

SOURCE Global Industry Analysts, Inc.