The Brazil market dominated the LAMEA Social Media Management Market by country in 2023, and is projected to continue to be a dominant market till 2031; thereby, achieving a market value of $2.10 billion by 2031. The Argentina market is showcasing a CAGR of 26.5% during 2024-2031. Additionally, the UAE market would register a CAGR of 24.8% during 2024-2031.
Social media has become a primary channel for customer support and service. Businesses use social media management tools to monitor and respond to real-time customer inquiries, complaints, and feedback. By providing prompt and effective support, businesses enhance customer satisfaction and build positive brand relationships.
Additionally, social media management tools enable businesses to engage with customers in a personalized manner. Features, like targeted content delivery, sentiment analysis, and audience segmentation, allow businesses to tailor their interactions and communications based on individual preferences and behaviours.
The UAE, particularly Dubai and Abu Dhabi, is home to some of the most renowned tourist destinations. The tourism sector extensively uses social media platforms for promotional activities to attract international visitors. The demand for comprehensive social media management tools has increased due to the emphasis on visibility, which is necessary to manage and optimize these promotions effectively. The travel and tourism sector's direct contribution to the UAE's GDP in 2016 was AED 68.5 billion (USD 18.7 billion), as reported by the UAE Government.
Based on Component, the market is segmented into Solution (Social Media Marketing, Social Media Listening, Monitoring, & Analytics, Social Media Risk & Compliance Management, and Social Media Asset & Content Management) and Services Professional Services and Managed Services. Based on Vertical, the market is segmented into BFSI, Government & Public Sector, Retail & Consumer Goods, Healthcare & Life Sciences, Media & Entertainment, IT & Telecommunications, Manufacturing, Travel & Hospitality, and Others. Based on Deployment, the market is segmented into Cloud and On-Premises. Based on Organization Size, the market is segmented into SMEs and Large Enterprises. Based on Function, the market is segmented into Business Processes and Product Development. Based on Application, the market is segmented into Sales & Marketing Management, Competitive Intelligence, Customer Experience Management, Risk Management & Fraud Detection, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.
Market Report Segmentation
By Component
- Solution
- Social Media Marketing
- Social Media Listening, Monitoring, & Analytics
- Social Media Risk & Compliance Management
- Social Media Asset & Content Management
- Services
- Professional Services
- Managed Services
By Vertical
- BFSI
- Government & Public Sector
- Retail & Consumer Goods
- Healthcare & Life Sciences
- Media & Entertainment
- IT & Telecommunications
- Manufacturing
- Travel & Hospitality
- Others
By Deployment
- Cloud
- On-Premises
By Organization Size
- SMEs
- Large Enterprises
By Function
- Business Processes
- Product Development
By Application
- Sales & Marketing Management
- Competitive Intelligence
- Customer Experience Management
- Risk Management & Fraud Detection
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Companies Mentioned
- Adobe, Inc.
- IBM Corporation
- Oracle Corporation
- Salesforce, Inc.
- Microsoft Corporation
- Google LLC (Alphabet Inc.)
- Zoho Corporation Pvt. Ltd.
- Onclusive, Inc.
- HubSpot, Inc.
- Sprinklr, Inc.
Methodology
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