Global Social Media Analytics Growth Opportunities
Social Media Analytics Will Uncap Businesses’ Future Growth Potential And Transform Customer Experiences
Social media analytics is the ability to evaluate and examine data gathered from social media platforms. Social media data includes metrics beyond likes, followers, views, clicks, and impressions. Businesses leverage social media analytics to understand customer preferences and gain competitive intelligence.
Social media analytics can be predictive, prescriptive, or descriptive; it helps businesses understand the different parts of a problem, thereby enabling them to tackle issues strategically. When combined with other voice-of-the-customer (VoC) data (obtained from surveys, reviews, and other sources), social media analytics can be leveraged to inform a business’s marketing, sales, service, and engagement initiatives and strategies to offer fulfilling customer experiences.
This Frost & Sullivan study discusses top 10 trends, growth drivers, restraints, and growth opportunities in the social media analytics market.
Definitions
Relevant Definitions for This Study
Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8
The Impact of the Top 3 Strategic Imperatives on the Global Social Media Analytics Industry
Growth Opportunities Fuel the Growth Pipeline Engine
Growth Environment
Social Media Analytics Market Environment
Top Trends to Watch
Top 15 Social Media Analytics Trends
Key Growth Drivers and Restraints
Growth Drivers
Growth Restraints
Social Media Analytics and Customer Journeys
Social Media Analytics across the Customer Journey
Customer and Business Actions through the Social Customer Journey
Reaping Benefits with Social Media Analytics
Benefits of Social Media Analytics
Contact Centers and Social Media Analytics
Evolution of the Contact Center with Social Media Analytics
Evolutionary Technology Explained
Contact Center Solution Providers Leverage Social Media for Customer Care
Social Media Analytics and CX Use-Cases
Social Media Analysis-CX Use-Cases
Social Media Analytics Solutions- Provider Landscape
Social Media Analytics Solutions-Provider Profiles
Social Media Analytics-Provider Segmentation
Vendor Scoping
Growth Opportunity Universe
Growth Opportunity 1-Partnerships and Mergers and Acquisitions
Growth Opportunity 2-Enhancement of Visualization and Reporting Capabilities
Growth Opportunity 3-Emphasis on Security and Data Compliance