Social Media Subscription Market Outlook, Competitive Landscape, Driving Factors


03 November 2020

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The Business Research Company’s latest report Social Media Subscription Global Market Report 2020 covers Social Media Subscription market drivers, Social Media Subscription market trends, Social Media Subscription market segments, Social Media Subscription market growth rate, Social Media Subscription market major players, and Social Media Subscription market size. The report provides in-depth analysis of the impact of COVID-19 on the Social Media Subscription industry, along with revised market numbers due to the effects of the coronavirus.

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Social Media Subscription Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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The global social media subscription market is expected to grow from $55.7 billion in 2019 to about $64 billion in 2020 as the COVID-19 pandemic is expected to boost the revenue of the subscription market as many countries are under lockdown and people are spending significant time on social media and availing several subscription options. The market is expected to stabilize and reach $103.7 billion at a CAGR of 16.8% through 2023.

The report covers the Social Media Subscription market’s segments-
1) By Type: Refill, Customize, Membership
2) By Payment Mode: Cash on Delivery, Online Payments
3) By Application: Beauty & Personal Care, Food & Beverage, Clothing & Fashion, Entertainment, Health & Fitness, Others
4) By End Users: Adults, Kids.

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