Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Media Monitoring Tools Market size was over USD 5.27 billion in 2024 and is poised to exceed USD 30.99 billion by 2037, growing at over 14.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of media monitoring tools is evaluated at USD 5.89 billion.
The market is flourishing due to the rise of influencer marketing as a key strategy for brand promotion, which necessitates vigilant monitoring of influencer activities. This necessitates the usage of media monitoring tools to help businesses identify and evaluate influencers relevant to their industry, track campaign performance, and assess the impact of influencer collaborations on brand perception.
For instance, as of 2023, the value of the worldwide influencer marketing market has more than quadrupled from 2019 to around USD 21 billion.
In addition to these, factors that are believed to fuel the market share of media monitoring tools include AI-powered monitoring tools. For instance, an AI-powered media monitoring tool called Brand24 keeps an eye on all the main social media networks that provide useful insights and examine discussions regarding brands, goods, and rivals on the internet.
Media Monitoring Tools Sector: Growth Drivers and Challenges
Growth Drivers
- Demand for competitive intelligence - Media monitoring tools provide insights into competitor strategies, market trends, and consumer preferences, enabling companies to adapt their strategies, enhance their offerings, and maintain a competitive advantage.
A report found that 56% of surveyed businesses considered competitive intelligence a critical element in their strategic planning. - Heightened focus on crisis management - Media monitoring tools empower organizations to detect potential crises early, allowing them to implement proactive crisis management strategies.
Moreover, these tools enable companies to track and analyze online reviews across various platforms, helping them identify areas for improvement, address customer concerns, and maintain a positive online reputation. - Increasing regulatory scrutiny - With the growing complexity of regulatory landscapes, companies need to monitor media channels for discussions related to compliance and potential legal issues. Media monitoring tools assist in identifying and addressing compliance-related discussions, ensuring that businesses can navigate regulatory challenges and mitigate risks effectively.
Challenges
- Information overload - The digital landscape is flooded with vast amounts of information from various sources. Therefore, identifying relevant and valuable insights amidst the noise poses a significant challenge for media monitoring tools since distinguishing between meaningful content and irrelevant data is crucial to ensure accurate analysis and reporting.Besides this, the ever-changing nature of language, slang, and context on social media and online platforms presents a challenge for media monitoring tools.
Moreover, staying abreast of emerging trends and understanding the nuanced meanings of language is crucial to accurately interpret sentiment and avoid misinterpretations that could impact the reliability of insights. - The development of the media monitoring tools market is hampered by increasing concerns about data security, identity, and information privacy.
- High cost at the initial stage to impede market growth
Media Monitoring Tools Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
14.6% |
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Base Year Market Size (2024) |
USD 5.27 billion |
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Forecast Year Market Size (2037) |
USD 30.99 billion |
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Regional Scope |
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Media Monitoring Tools Segmentation
Deployment (On-Premise, Cloud)
The cloud segment in the media monitoring tools market is estimated to gain a revenue share of about 64% in the year 2037. The segment growth can be credited to the increasing adoption of cloud services. Digital transformation has become a cornerstone for businesses across industries, and the adoption of cloud services is a key enabler of this transformation. Organizations are increasingly leveraging cloud computing to enhance operational efficiency, agility, and innovation. As a result, the demand for cloud services is driven by the imperative to modernize IT infrastructure and stay competitive in the rapidly evolving digital landscape.
A few cloud-based media monitoring tools are Meltwater, Talkwalker, and Brandwatch, which provide sentiment analysis, trend tracking, and influencer identification and enable organizations to proactively monitor the availability, performance, and security of their cloud environments to identify and address issues before they negatively affect the end-user experience.
End User (BFSI, Healthcare, Media & Entertainment)
The healthcare segment in the media monitoring tools market is set to garner a notable share shortly. The growing importance of social media in healthcare has contributed to the segment's rise. This growth is fueled by advancements in technology, the expansion of high-speed internet access, digital transformation, and the desire for more accessible healthcare options.
Social media and the internet may promote healthcare social media marketing by guiding the entire world and giving patients access to online groups, research opportunities, moral and financial support, goal-setting, and progress monitoring.
Social media may be a powerful tool for healthcare organizations to connect with a wide range of people in different generations and will help patients develop brand loyalty. For instance, social media is crucial for the healthcare industry since more than 72% of patients now look up medical information online.
Our in-depth analysis of the global market includes the following segments:
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Monitoring Type |
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End-User |
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Deployment |
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Enterprise Type |
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Application |
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Customize this ReportMedia Monitoring Tools Industry - Regional Synopsis
APAC Market Forecast
The media monitoring tools market in the Asia Pacific is slated to be the largest, with a share of about 41% by the end of 2037. The market expansion in the region is also poised on account of a substantial increase in social media penetration and user engagement.
With a large and diverse population actively participating in social media platforms, businesses are increasingly recognizing the need to monitor and analyze these conversations. For instance, it was predicted that India's social media user penetration would rise steadily by around 22% between 2023 and 2028.
Media monitoring tools play a crucial role in helping companies understand public sentiment, track trends, and manage their online reputation effectively.
Furthermore, the Asia Pacific business landscape is undergoing rapid digital transformation, with companies across industries embracing digital technologies. As part of this transformation, businesses are investing in media monitoring tools to stay competitive, enhance their online presence, and gain insights into consumer behavior.
North American Market Analysis
The North American region will also encounter enormous growth for the media monitoring tools market during the forecast period and will hold the second position owing to the increasing emphasis on online reputation management due to the profound impact it has on consumer trust and brand perception. This has led to an increase in the adoption of media monitoring tools that play a pivotal role in tracking online mentions, customer reviews, and sentiment analysis.
Maintaining a positive online reputation has become a strategic imperative for businesses, driving the demand for sophisticated monitoring solutions.
Companies Dominating the Media Monitoring Tools Landscape
- Meltwater Group
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Cision Ltd.
- Brandwatch Ltd.
- Talkwalker Inc.
- Sysomos Inc.
- Zignal Labs Inc.
- Mention SAS
- Sprout Social Inc.
- Hootsuite Inc.
- Agility PR Solutions LLC
In the News
- Brandwatch Ltd. announced the acquisition of Meltwater Group, which combined Meltwater's media monitoring tools with Brandwatch's social intelligence platform, creating a comprehensive solution for brands and agencies.
- Meltwater Group opened new offices in Singapore and Kuala Lumpur, aiming to capitalize on the growing demand for social media intelligence and media monitoring solutions in the region.
Author Credits: Abhishek Verma
- Report ID: 5671
- Published Date: Nov 08, 2024
- Report Format: PDF, PPT
