The increasing adoption of deep learning and NLP (Natural Language Processing) in social media and marketing are majorly driving the market.
The global AI in social media market is segmented into component, deployment, technology, tools, vertical, and region.
Some of the key players in this market are Oracle Corporation (U.S.), IBM Corporation (U.S.), Adobe Systems (U.S.), SAS Institute (U.S.), Google LLC (U.S.), SAP SE (Germany), Alice Technologies (U.S.), NVIDIA Corporation (U.S.), Micron Technology, Inc. (U.S.), Albert Technologies Ltd. (U.K) and many others.
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By geography, the market is studied in North America, Europe, Asia Pacific, and the rest of the world. Among these regions, Asia Pacific is projected to show high growth rate in the forecast period. The rise in demand for cloud-based applications and growth in big data is driving organizations to deploy AI in social media in this region.
On the other hand, Europe, the Middle East Africa is expected to show a decent growth considering the AI in the social media market.
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