LONDON--(BUSINESS WIRE)--The global media monitoring services market is poised to experience spend growth of more than USD 2 billion between 2019-2024 at a CAGR of over 10%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic.
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SpendEdge's reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our media monitoring services market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation .Consumer’s purchasing preference is being largely governed by the reviews and criticisms of products and services in social media. This trend is creating a pressing requirement for enterprises to engage in media monitoring services that can identify the reviews about their merchandise and secure their brand image in the process. This will drive the spend momentum for social media monitoring services to a significant extent during the forecast period, thereby contributing to spend growth in the global media monitoring services industry.
Report scope snapshot: Media Monitoring Services Market
- Regional spend dynamics
- Regional influence on global spend
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- Market favorability index for suppliers
- Supplier ecosystem
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- Category hierarchy
- Category scope
- Category map
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