Broadcast Media Monitoring Market

Broadcast Media Monitoring Market Size, Share, Trends, Growth, and Industry Analysis, By Type (On-premises, Cloud-based), By Application (Small and Medium-sized Enterprises, Large Enterprises) Regional Analysis and Forecast 2032.

ICT & Media | April 2024 | Report ID: EMR00776 | Pages: 259

Global Broadcast Media Monitoring market is predicted to reach approximately USD 17.19 billion by 2032, at a CAGR of 15.80% from 2024 to 2032.

 

The Global Broadcast Media Monitoring industry offers services to track, analyse, and report on what's being aired across different media channels. It involves using technologies and tools to monitor the huge amount of audio and video content generated by broadcasters globally. As digital media platforms continue to expand, there is a growing need for broadcast media monitoring services. Organizations are increasingly turning to these services to gauge audience interest, keep an eye on competitors, and safeguard their brand image in today's fast-paced world.

Over the past few years, the Broadcast Media Monitoring market has seen a substantial increase in growth. This growth can be attributed to the ever-evolving nature of media platforms and the growing emphasis on using data for making informed decisions. Various industries, such as media and entertainment, advertising, public relations, and government agencies, have come to depend on broadcast media monitoring tools to better understand audience preferences, evaluate the success of advertising efforts, and analyse the effects of news coverage.

The market has been quick to embrace cutting-edge technologies like artificial intelligence and machine learning algorithms to streamline content analysis and offer valuable insights. With the increasing need for accurate and detailed media insights, the Global Broadcast Media Monitoring market is ready for further growth. This is fuelled by the rising demand for up-to-date and pertinent information in a world that is becoming more interconnected.

 

Global Broadcast Media Monitoring report scope and segmentation.

Report Attribute

Details

Estimated Market Value (2023)

USD 4.59 Billion

Projected Market Value (2032)

USD 17.19 Billion

Base Year

2023

Forecast Years

2024 – 2032

Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Based on By Type, By Application, & Region.

Segments Covered

By Type, By Application, & By Region.

Forecast Units

Value (USD Million or Billion), and Volume (Units)

Quantitative Units

Revenue in USD million/billion and CAGR from 2024 to 2032.

Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Countries Covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others.

Report Coverage

Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis.

Delivery Format

Delivered as an attached PDF and Excel through email, according to the purchase option.

 

Global Broadcast Media Monitoring dynamics

The Broadcast Media Monitoring market is experiencing growth and evolution due to various factors. The expansion of digital media platforms and the rise in content production across different channels are driving the demand for advanced monitoring solutions. Broadcasters are seeking tools to effectively monitor and analyse content across multiple platforms in real-time as they aim to reach larger audiences and stand out in a crowded media environment.

Moreover, the rise in social media usage and content created by users has presented media monitoring firms with fresh obstacles and chances. Businesses are now striving to oversee and safeguard their brand image in the face of the continuous stream of data and digital discussions.

Next, the combination of technology and data analytics is transforming the broadcast media monitoring market, sparking new ideas and providing users with innovative features. Breakthroughs in artificial intelligence, machine learning, and natural language processing have made content analysis and sentiment tracking more advanced, helping organizations uncover valuable insights from large volumes of audio and video content.

Additionally, the incorporation of data visualization tools and customizable dashboards gives users the ability to see trends, patterns, and audience behaviors more clearly, making data-driven decision-making easier. As technology continues to evolve and become more accessible, the broadcast media monitoring market is poised for further growth, with companies investing in research and development to stay ahead of the curve and meet the evolving needs of their clients.

 

Global Broadcast Media Monitoring drivers

  • Increasing Digital Media Consumption

The increasing use of digital media on different platforms is a major factor driving the Broadcast Media Monitoring market. With more people turning to online streaming services, podcasts, and social media for their entertainment and news, there is a growing need for monitoring solutions that can track and analyse content across these various channels. This shift is especially noticeable among younger age groups who are more inclined to consume digital media, highlighting the importance of advanced monitoring tools to accurately understand audience behaviours. Consequently, media monitoring companies are witnessing a surge in demand for their services, as organizations seek to understand and capitalize on the opportunities presented by the digital media landscape.

  • Emergence of AI and Machine Learning Technologies

Artificial intelligence (AI) and machine learning are revolutionizing the Broadcast Media Monitoring market by enabling automated content analysis, sentiment tracking, and trend identification on a large scale. This allows companies to gain valuable insights from vast amounts of audio and video content in real-time. With the use of AI algorithms, media monitoring solutions can offer more precise and timely reporting, assisting organizations in staying ahead of trends and competitive threats.

Furthermore, AI-driven analytics enable predictive modelling and personalized recommendations, empowering businesses to optimize their marketing strategies, content distribution, and audience engagement efforts. As AI and machine learning continue to mature, the capabilities of broadcast media monitoring solutions are expected to expand further, offering enhanced functionalities and value propositions to clients.

 

Restraints:

  • Data Privacy and Compliance Concerns

One of the main challenges for the Broadcast Media Monitoring market is the increasing focus on data privacy and compliance regulations. As awareness grows about data protection rights and strict rules like GDPR and CCPA, organizations face more pressure to ethically and legally collect, store, and use monitoring data. Adhering to these regulations presents difficulties for media monitoring firms, especially in areas like consent handling, data anonymization, and international data transfers. Failure to address these privacy concerns adequately can lead to legal repercussions, reputational damage, and loss of trust among clients and consumers alike.

  • Fragmented Market Landscape and Intense Competition

The Broadcast Media Monitoring market is characterized by a fragmented landscape comprising numerous vendors offering a wide range of solutions and services. This fragmentation, coupled with intense competition, presents challenges for both established players and new entrants seeking to gain market share and differentiate their offerings.

As a result, pricing pressures, commoditization of basic monitoring services, and margin erosion become significant restraints for companies operating in this space. Moreover, the proliferation of niche players and specialized solutions further intensifies competition, making it harder for companies to stand out and maintain profitability. In such a crowded market environment, differentiation through innovation, quality of service, and strategic partnerships becomes crucial for sustained success.

 

Opportunities:

  • Expansion of Social Media Monitoring

Social media platforms have become increasingly influential, offering a valuable opportunity for the Broadcast Media Monitoring market. With billions of users on platforms like Facebook, Twitter, Instagram, and LinkedIn, social media monitoring has become essential for organizations to gauge public opinion, monitor their brand's reputation, and effectively handle crises.

Media monitoring companies can capitalize on this by enhancing their services to include thorough social media monitoring and analysis, thereby tapping into a profitable market segment and delivering extra benefits to their clients. Moreover, integrating social media data with traditional broadcast monitoring insights enables a more holistic view of media coverage, enabling organizations to gain deeper insights into audience behavior and preferences across different channels.

 

Segment Overview

  • By Type

The Broadcast Media Monitoring market is divided into two types of solutions: On-premises and Cloud-based. On-premises solutions require installing monitoring software on a company's infrastructure, allowing for complete control over data security and management. Enterprises that have specific regulatory needs or want to keep sensitive data on-site typically prefer this option. In contrast, Cloud-based solutions are hosted and managed by third-party service providers, offering scalability, flexibility, and easy access. These solutions are ideal for organizations seeking affordable and convenient monitoring options accessible from anywhere with an internet connection.

  • By Application

The market is split into Small and Medium-sized Enterprises (SMEs) and Large Enterprises based on application. SMEs usually have limited resources and budget limitations, leading them to look for budget-friendly and user-friendly monitoring solutions customized to their particular requirements. These solutions typically concentrate on offering necessary monitoring features at a reduced cost, allowing SMEs to understand their media visibility and competitive setting without spending too much.

In contrast, Large Enterprises need more extensive and adaptable monitoring solutions that can manage large volumes of data and meet intricate analytical demands. These enterprises often prioritize advanced features such as real-time analytics, multi-channel monitoring, and customizable reporting to support their strategic decision-making and brand management initiatives effectively.

 

Global Broadcast Media Monitoring Overview by Region

The market for Broadcast Media Monitoring shows differences in adoption across regions, influenced by factors like technology infrastructure, regulations, and media landscape changes. North America is at the forefront, thanks to large media companies, advanced technology, and a focus on data-driven decisions. Europe is close behind with strict data privacy rules and a varied media scene.

The Asia Pacific area is experiencing fast growth due to a rapidly expanding digital media world, more people using the internet, and a growing need for media intelligence solutions. The Latin America and Middle East & Africa regions offer great potential for market players, thanks to the increasing use of digital media platforms and the demand for thorough media monitoring solutions.

Despite obstacles like infrastructure issues, regulatory hurdles, and cultural distinctions, these regions have unique market dynamics. The Broadcast Media Monitoring industry is primed for worldwide growth, with regional factors influencing competition and driving advancements in monitoring technology and services.

 

 

Global Broadcast Media Monitoring market competitive landscape

The competitive landscape of the Broadcast Media Monitoring market is characterized by intense rivalry among key players striving to innovate and differentiate their offerings. Established companies such as Meltwater, Isentia, and Cision dominate the market with their comprehensive suite of media monitoring solutions, extensive global coverage, and strategic partnerships.

These players focus on expanding their service portfolios, leveraging advanced technologies such as artificial intelligence and machine learning to enhance data analysis capabilities, and providing actionable insights to clients. Additionally, niche players and start-ups are emerging, offering specialized solutions targeting specific industry verticals or regional markets. These players often focus on agility, customization, and affordability to compete effectively in the market.

Strategic collaborations, mergers, and acquisitions are prevalent strategies among market players to consolidate their market position, expand their customer base, and capitalize on emerging opportunities. As the demand for media monitoring solutions continues to rise globally, competition in the market is expected to intensify, driving further innovation and evolution in monitoring technologies and services.

Key Players:

  • Meltwater Inc.
  • Isentia Ltd.
  • Cision Ltd.
  • Sprinklr Inc.
  • BurrellesLuce Inc.
  • TVEyes Inc.
  • Kantar Media Ltd.
  • Critical Mention Inc.
  • M-Brain Ltd.
  • Streem Inc.
  • Signal Media Ltd.

 

Global Broadcast Media Monitoring Recent Developments

  • Mar 2023, Sony Corporation partnered with Digimind, a competitive intelligence and social listening provider, aiming to expand Digimind's reach and revenue.
  • Sep 2022, Heyday by Hootsuite, a conversational AI platform, integrated Facebook Messenger and Instagram Direct Messages into its Shopify chatbot app, offering new engagement opportunities for merchants.
  • Sep 2022, Talkwalker introduced "Brand Love Benchmarking," a solution providing real-time metrics across social networks, forums, and blogs, driven by advanced AI capabilities and focusing on consumer trust, satisfaction, and passion.

 

Scope of global Broadcast Media Monitoring report

Global Broadcast Media Monitoring report segmentation

ATTRIBUTE

DETAILS

By Type

  • On-premises
  • Cloud-based

By Application

  • Small and Medium-sized Enterprises
  • Large Enterprises

By Geography

  • North America (USA, and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)

Customization Scope

  • Available upon request

Pricing

  • Available upon request

 

Objectives of the Study

The objectives of the study are summarized in 5 stages. They are as mentioned below:

  • Global Broadcast Media Monitoring size and forecast: To identify and estimate the market size for global Broadcast Media Monitoring Market by Type, By Application, and by region. Also, to understand the consumption/ demand created by consumers between 2024 and 2032.
  • Market Landscape and Trends: To identify and infer the drivers, restraints, opportunities, and challenges for global Broadcast Media Monitoring
  • Market Influencing Factors: To find out the factors which are affecting the market of global Broadcast Media Monitoring among consumers.
  • Company Profiling: To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company's past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

Research Methodology

Our research methodology has always been the key differentiating reason which sets us apart in comparison from the competing organizations in the industry. Our organization believes in consistency along with quality and establishing a new level with every new report we generate; our methods are acclaimed and the data/information inside the report is coveted. Our research methodology involves a combination of primary and secondary research methods. Data procurement is one of the most extensive stages in our research process. Our organization helps in assisting the clients to find the opportunities by examining the market across the globe coupled with providing economic statistics for each and every region.  The reports generated and published are based on primary & secondary research. In secondary research, we gather data for global Market through white papers, case studies, blogs, reference customers, news, articles, press releases, white papers, and research studies. We also have our paid data applications which includes hoovers, Bloomberg business week, Avention, and others.

Data Collection

Data collection is the process of gathering, measuring, and analyzing accurate and relevant data from a variety of sources to analyze market and forecast trends. Raw market data is obtained on a broad front. Data is continuously extracted and filtered to ensure only validated and authenticated sources are considered. Data is mined from a varied host of sources including secondary and primary sources.

Primary Research

After the secondary research process, we initiate the primary research phase in which we interact with companies operating within the market space. We interact with related industries to understand the factors that can drive or hamper a market. Exhaustive primary interviews are conducted. Various sources from both the supply and demand sides are interviewed to obtain qualitative and quantitative information for a report which includes suppliers, product providers, domain experts, CEOs, vice presidents, marketing & sales directors, Type & innovation directors, and related key executives from various key companies to ensure a holistic and unbiased picture of the market. 

Secondary Research

A secondary research process is conducted to identify and collect information useful for the extensive, technical, market-oriented, and comprehensive study of the market. Secondary sources include published market studies, competitive information, white papers, analyst reports, government agencies, industry and trade associations, media sources, chambers of commerce, newsletters, trade publications, magazines, Bloomberg BusinessWeek, Factiva, D&B, annual reports, company house documents, investor presentations, articles, journals, blogs, and SEC filings of companies, newspapers, and so on. We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.

Top-Down Approach & Bottom-Up Approach

In the top – down approach, the Global Batteries for Solar Energy Storage Market was further divided into various segments on the basis of the percentage share of each segment. This approach helped in arriving at the market size of each segment globally. The segments market size was further broken down in the regional market size of each segment and sub-segments. The sub-segments were further broken down to country level market. The market size arrived using this approach was then crosschecked with the market size arrived by using bottom-up approach.

In the bottom-up approach, we arrived at the country market size by identifying the revenues and market shares of the key market players. The country market sizes then were added up to arrive at regional market size of the decorated apparel, which eventually added up to arrive at global market size.

This is one of the most reliable methods as the information is directly obtained from the key players in the market and is based on the primary interviews from the key opinion leaders associated with the firms considered in the research. Furthermore, the data obtained from the company sources and the primary respondents was validated through secondary sources including government publications and Bloomberg.

Market Analysis & size Estimation

Post the data mining stage, we gather our findings and analyze them, filtering out relevant insights. These are evaluated across research teams and industry experts. All this data is collected and evaluated by our analysts. The key players in the industry or markets are identified through extensive primary and secondary research. All percentage share splits, and breakdowns have been determined using secondary sources and verified through primary sources. The market size, in terms of value and volume, is determined through primary and secondary research processes, and forecasting models including the time series model, econometric model, judgmental forecasting model, the Delphi method, among Flywheel Energy Storage. Gathered information for market analysis, competitive landscape, growth trends, product development, and pricing trends is fed into the model and analyzed simultaneously.

Quality Checking & Final Review

The analysis done by the research team is further reviewed to check for the accuracy of the data provided to ensure the clients’ requirements. This approach provides essential checks and balances which facilitate the production of quality data. This Type of revision was done in two phases for the authenticity of the data and negligible errors in the report. After quality checking, the report is reviewed to look after the presentation, Type and to recheck if all the requirements of the clients were addressed.

Frequently Asked Questions

Global Broadcast Media Monitoring forecast period is 2024 - 2032
According to global Broadcast Media Monitoring research, the market is expected to grow at a CAGR of ~ 17.19% over the next eight years.
The possible segments in global Broadcast Media Monitoring are based on By Type, By Application, & by region.
The expected market size for Global Broadcast Media Monitoring is USD 4.59 billion in 2023.
The major players in the market are Meltwater Inc., Isentia Ltd., Cision Ltd., Sprinklr Inc., BurrellesLuce Inc., TVEyes Inc., Kantar Media Ltd., Critical Mention Inc., M-Brain Ltd., Streem Inc., Signal Media Ltd.
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