Next-Gen Social Media Management: Market Dynamics and Innovations

Webersnits31 Jan, 2025News

The global social media management market is projected to register a CAGR of 24.2% during the forecast period, reaching USD 51.8 billion by 2027 from an estimated USD 17.5 billion in 2022. The scope of the services segment comprises professional services and managed services. Services constitute an essential part of the software life cycle, including product upgradation, maintenance, training, and consulting. In the era of the digital economy, enterprises are evolving and demanding new ways to improve their RoI and business optimization.