Product Code: IRTNTR8014
Scope of the social media IT spending market
Technavios research analyst predicts the global social media IT spending market to grow at a CAGR of 22% during the forecast period. The rise in the advertisement spending over social media platforms is one of the primary growth drivers for this market. Software companies such as Salesforce and HubSpot are shifting their focus towards marketers and chief marketing officers (CMOs) because many companies are set to spend the majority of the marketing spending over social media platforms such as Facebook, Instagram, Snapchat, and Twitter.
Technavio also emphasizes the evolution of social media and advances in digital marketing and SEO techniques, which is a major factor driving market growth, that have altogether changed the way buyers seek products and services. This development has revolutionized the way businesses generate sales leads and thus inspiring content and application providers to make huge investments in setting up and running data centers on a large scale.
Product segmentation and analysis of the social media IT spending market
- Hardware
- Software
- IT services
In 2014, hardware spending segment held the largest market share, which accounted for more than 54% share of the overall market. Most of the companies are investing in integrated infrastructure to enhance the service delivery platform, security, and compliance control while offering value-added services associated with cloud-based technology.
Geographical segmentation of the social media IT spending market
The global social media IT spending market was dominated by the Americas in 2014, accounting for over 52% of the market share, which is triggered by the traction toward converged infrastructure among large and medium social media platforms, related to data hosting.
Competitive landscape and key vendors
The global social media IT spending market is dominated by the hardware suppliers. These vendors are taking up joint ventures and strategic partnerships to innovate and reinforce their position in the market. However, the market also marks the presence of some prominent vendors who are undertaking partnerships with big MNCs to provide server, storage, and networking components for converged infrastructure.
The leading vendors in the market are -
- IBM
- HP
- Oracle
- Dell
- Cisco
- Salesforce
- HubSpot
Other prominent vendors in the market include Unmetric, Kenshoo Social, Tencent Holdings, Oracle, Akamai Technologies, Adobe, VMware, Google Analytics, SAS, Virtue (Oracle), SAP, Microsoft, VCE, EMC, Juniper Networks, and NetApp.
Key questions answered in the report include
- What will the market size and the growth rate be in 2019
- What are the key factors driving the global social media IT spending market
- What are the key market trends impacting the growth of the global social media IT spending market
- What are the challenges to market growth
- Who are the key vendors in the global social media IT spending market
- What are the market opportunities and threats faced by the vendors in the global social media IT spending market
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global social media IT spending market
Technavio also offers customization on reports based on specific client requirement.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by products
- Global social media IT spending market by product types
- Global social media IT hardware spending market
- Global social media IT services spending market
PART 07: Geographical segmentation
- Global social media IT spending market by geography
- Social media IT spending market in Americas
- Social media IT spending market in EMEA
- Social media IT spending market in APAC
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Key operators
PART 14: Vendor landscape
- Competitive scenario
- Other prominent vendors
- Cisco Systems
- Dell
- HP
- HubSpot
- IBM
- Oracle
- Salesforce.com
PART 15: Appendix
PART 16: Explore Technavio
List of Exhibits
- Exhibit 01: Product offerings
- Exhibit 02: Segmentation of global social media IT spending market
- Exhibit 03: Global social media IT spending market 2014-2019 ($ billions)
- Exhibit 04: Five forces analysis
- Exhibit 05: Segmentation of global social media IT spending market by product 2014
- Exhibit 06: Segmentation of global social media IT spending by product 2014-2018
- Exhibit 07: Global social media IT hardware spending market 2014-2019 ($ billions)
- Exhibit 08: Global social media IT services spending market 2014-2019 ($ billions)
- Exhibit 09: Global social media IT software spending market 2014-2019 ($ billions)
- Exhibit 10: List of key and other prominent vendors by software category
- Exhibit 11: Global social media IT spending market by geography 2014
- Exhibit 12: Global social media IT spending market by geography 2014-2019
- Exhibit 13: Social media IT spending market in Americas 2014-2019 ($ billions)
- Exhibit 14: Social media IT spending market in EMEA 2014-2019 ($ billions)
- Exhibit 15: Social media IT spending market in APAC 2014-2019 ($ billions)
- Exhibit 16: Impact of drivers
- Exhibit 17: Impact of drivers and challenges
- Exhibit 18: Cisco Systems: Business segmentation by revenue 2014
- Exhibit 19: Cisco Systems: Business segmentation by revenue 2013 and 2014 ($ billions)
- Exhibit 20: Cisco Systems: Geographical segmentation by revenue 2014
- Exhibit 21: HubSpot: Product categories
- Exhibit 22: Oracle: Business segmentation by revenue 2014
- Exhibit 23: Oracle: Business segmentation by revenue 2013 and 2014 ($ millions)
- Exhibit 24: Oracle: Geographical segmentation by revenue 2014
- Exhibit 25: Salesforce.com: Business segmentation by revenue 2015
- Exhibit 26: Salesforce.com: Business segmentation by revenue 2014 and 2015 ($ millions)
- Exhibit 27: Salesforce.com: Geographical segmentation by revenue 2015
