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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Author Credits: Abhishek Verma
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