Social media platform for local communication TAM, SAM and SOM analysis in the United States

Are you planning to launch an online social media platform which aims to connect all local businesses, eg. brick-and-mortar retail shops in the United States? If yes, then this market research report is for you.

Defining Your Products and Services

A social media platform designed for local communication, specifically allowing people and businesses to talk about and discover places and events in their area.

The target audience is generally all brick-and-mortar businesses i n the United States and all their consumers.

Social Networking Sites Industry Market Size In The United States

The market size, measured by revenue, of the Social Networking Sites industry in the United States is $xx.xx billion in 2020 and expected to be about $xx.xx billion in 2021. This sector was growing annually by xx.x%.

2020: $xx billion
2021: $xx billion
2022: $xx billion
2023: $xx billion
2024: $xx billion
2025; $xx billion

Digital mapping market size and growth

Generally, the global digital mapping solution market size clocked in $xx billion revenue in 2018. This includes all solutions, programs, software, and apps in diverse industries such as automotive, military and defense, enterprises solutions, government, and mobile devices apps. This industry is expected to grow annually by xx% globally until 2025. Accordingly, the ongoing migration from personal navigation devices to smartphones and consumer-centric applications is expected to drive the growth in the coming years.
In North America (United States and Canada included), this market is worth $x billion in 2018 or about 38% market share from the total global market, from $x billion in 2015. Its annual growth rate between 2014 to 2025 is calculated to be about xx% and will reach annual revenue of $x.xx billion by 2025.

Social media platform for local communication estimated market size in the United States

A. Top-down analysis (details and analysis provided in the report)

B. Bottom-up analysis (details and analysis provided in the report)

Total Number of Target Audience (details and analysis provided in the report)

Total social media spending of brick-and-mortar businesses in the US (details and analysis provided in the report)

Total app development spending of brick-and-mortar businesses in the US (details and analysis provided in the report)

Total web development spending of brick-and-mortar businesses in the US (details and analysis provided in the report)

Total Addressable Market (TAM)

(details and analysis provided in the report)

Serviceable Available Market (SAM)

(details and analysis provided in the report)

Serviceable Obtainable Market (SOM)

(details and analysis provided in the report)

The above estimated values for TAM, SAM and SOM are based on 100% market share at full market or target audience penetration. It is important to note that there are competitors that will be offering the same products and services that will race for a higher market share. Assuming that the company will aim for just 20% market share based on the SOM target audience, then the potential revenue will be $x.xx million.

To buy this report, enter details below. We will reply and email you the report upon receipt of your order. Please give us a maximum 1-working days to process your order.

p1

Social media platform for local communication TAM, SAM and SOM analysis in the United States

Are you planning to launch an online social media platform which aims to connect all local businesses, eg. brick-and-mortar retail shops in the United States? If yes, then this market research report is for you.

$8.99

At Mhojhos Research, we deliver outstanding market report results across many industries. Market research is key to a new business becoming a profitable entity. It anticipates and minimizes risk, identifies potential customers and helps ensure success.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: