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Global Social Media IT Spending Market Outlook to 2027 with Profiles of 42 CompaniesDUBLIN, July 17, 2020 /PRNewswire/ -- The "Social Media IT Spending - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. The publisher brings years of research experience to this 9th edition of this report. The 104-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. The Social Media IT Spending market in the U.S. is estimated at US$17.5 Billion in the year 2020. The country currently accounts for a 29.81% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$34.8 Billion in the year 2027 trailing a CAGR of 18.6% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.9% and 16.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.2% CAGR while Rest of European market (as defined in the study) will reach US$34.8 Billion by the year 2027. Competitors identified in this market include, among others:
Total Companies Profiled: 42 For more information about this report visit https://www.researchandmarkets.com/r/6s3bz Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/global-social-media-it-spending-market-outlook-to-2027-with-profiles-of-42-companies-301095442.html SOURCE Research and Markets |