Press release
Social Networking Platform Market Likely to Experience a Tremendous Growth by 2029
The global social networking platform market is anticipated to grow at a considerable CAGR of 27.5% during the forecast period (2023-2030). Artificial intelligence plays a game-changing role in many aspects of our lives and the social networking platforms as well. According to Statista, the number of active social networking platform users worldwide was 4.26 billion as of 2021, along with such growth in social platform users, the need for AI solutions to understand customer preferences is also rising, with the AI market in social media platforms and social media landscape is one of the areas where this impact is most evident. From automatic content moderation and personalized recommendations to the ads we watch and beyond, AI is reshaping the way we interact and connect online.
Generative AI has been one of the most exciting trends that uses text-to-image, image-to-video, image-to-image and other varieties of algorithms to create unique content like images, video, music and text. Social media platforms, such as Twitter, Facebook, Instagram and LinkedIn, use AI for content moderation. These platforms also use AI in other areas, such as Instagram, which enables users to create and share stickers. For example, Snapchat uses video filters to create effects on a user's face. Snapchat also released a generative AI chatbot powered by ChatGPT's technology called My AI. Users can chat with My AI for recommendations, to answer questions or to complete other tasks similar to ChatGPT. LinkedIn uses AI to help hiring teams write job descriptions. As another example, Instagram uses AI to filter spam and uses deep analytics for text to detect and delete posts with hate speech or that promote cyberbullying. Instagram also uses AI tools to target advertising to users.
To Request a Sample of our Report on Social Networking Platform Market: https://www.omrglobal.com/request-sample/social-networking-platform-market
Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Type
By Application
By Service
By End Users
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- includes ByteDance Ltd., LinkedIn Corp., Meetup, Meta Platforms Inc., Quora Inc., Snap Inc., Telegram Group Inc., and Ask.fm among others.
A full Report of Social Networking Platform Market is Available @ https://www.omrglobal.com/industry-reports/social-networking-platform-market
Social Networking Platform Market Report Segment
By Type
Advertising
In-app purchase
Paid apps
By Application
Entertainment
Commercial
Other Applications (Shopping and Travelling)
By Service
Social Networking
Microblogging
Instant Messaging
Photo Sharing Networks
By End Users
Personal
(Small Medium Enterprises) SMEs
Large Enterprises
Social Networking Platform Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
fm
Discord Inc.
Flickr
Google+
Koo Bombinate Technologies Pvt. Ltd.
LinkedIn Corp.
Myspace LLC
Nextdoor Holdings Inc.
Pinterest Inc.
Reddit Inc.
SlideShare
Snap Inc.
Telegram Group Inc.
Tencent QQ
TikTok
WeChat
X Corp.
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/social-networking-platform-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Generative AI has been one of the most exciting trends that uses text-to-image, image-to-video, image-to-image and other varieties of algorithms to create unique content like images, video, music and text. Social media platforms, such as Twitter, Facebook, Instagram and LinkedIn, use AI for content moderation. These platforms also use AI in other areas, such as Instagram, which enables users to create and share stickers. For example, Snapchat uses video filters to create effects on a user's face. Snapchat also released a generative AI chatbot powered by ChatGPT's technology called My AI. Users can chat with My AI for recommendations, to answer questions or to complete other tasks similar to ChatGPT. LinkedIn uses AI to help hiring teams write job descriptions. As another example, Instagram uses AI to filter spam and uses deep analytics for text to detect and delete posts with hate speech or that promote cyberbullying. Instagram also uses AI tools to target advertising to users.
To Request a Sample of our Report on Social Networking Platform Market: https://www.omrglobal.com/request-sample/social-networking-platform-market
Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Type
By Application
By Service
By End Users
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- includes ByteDance Ltd., LinkedIn Corp., Meetup, Meta Platforms Inc., Quora Inc., Snap Inc., Telegram Group Inc., and Ask.fm among others.
A full Report of Social Networking Platform Market is Available @ https://www.omrglobal.com/industry-reports/social-networking-platform-market
Social Networking Platform Market Report Segment
By Type
Advertising
In-app purchase
Paid apps
By Application
Entertainment
Commercial
Other Applications (Shopping and Travelling)
By Service
Social Networking
Microblogging
Instant Messaging
Photo Sharing Networks
By End Users
Personal
(Small Medium Enterprises) SMEs
Large Enterprises
Social Networking Platform Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
fm
Discord Inc.
Flickr
Google+
Koo Bombinate Technologies Pvt. Ltd.
LinkedIn Corp.
Myspace LLC
Nextdoor Holdings Inc.
Pinterest Inc.
Reddit Inc.
SlideShare
Snap Inc.
Telegram Group Inc.
Tencent QQ
TikTok
X Corp.
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/social-networking-platform-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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