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NAICS Code 541830-03 Description (8-Digit)

Media Monitoring is a specialized industry that involves the tracking and analysis of media content across various platforms. This industry is a subdivision of Media Buying Agencies and is focused on providing clients with insights into their brand's reputation, industry trends, and competitor activity. Media Monitoring companies use advanced technology and software to collect and analyze data from a range of sources, including social media, news outlets, blogs, and forums. The insights gained from this analysis are used to inform marketing and communication strategies, crisis management, and reputation management.

Hierarchy Navigation for NAICS Code 541830-03

Parent Code (less specific)

Tools

Tools commonly used in the Media Monitoring industry for day-to-day tasks and operations.

  • Meltwater
  • Cision
  • Mention
  • Brandwatch
  • Hootsuite Insights
  • Talkwalker
  • NetBase Quid
  • Sprout Social
  • Digimind
  • Synthesio
  • NewsWhip
  • Zignal Labs
  • Critical Mention
  • MediaMiser
  • TrendKite
  • LexisNexis Newsdesk
  • Google Alerts
  • Factiva
  • Socialbakers
  • Quid

Industry Examples of Media Monitoring

Common products and services typical of NAICS Code 541830-03, illustrating the main business activities and contributions to the market.

  • Social Media Monitoring
  • Reputation Management
  • Crisis Management
  • Brand Monitoring
  • Competitor Analysis
  • Influencer Tracking
  • News Monitoring
  • Public Relations Analytics
  • Market Intelligence
  • Sentiment Analysis

Certifications, Compliance and Licenses for NAICS Code 541830-03 - Media Monitoring

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Certified Media Analyst: This certification is offered by the International Association for Measurement and Evaluation of Communication (AMEC) and is designed for professionals who work in media monitoring and analysis. It covers topics such as media measurement, research methods, and data analysis.
  • Certified Public Relations Measurement and Evaluation Specialist: This certification is offered by the International Association for Measurement and Evaluation of Communication (AMEC) and is designed for professionals who work in public relations and media monitoring. It covers topics such as media measurement, research methods, and data analysis.
  • Certified Information Privacy Professional (CIPP): This certification is offered by the International Association of Privacy Professionals (IAPP) and is designed for professionals who work in data privacy and security. It covers topics such as privacy laws and regulations, data protection, and risk management.
  • Certified Information Systems Security Professional (CISSP): This certification is offered by the International Information System Security Certification Consortium (ISC)² and is designed for professionals who work in information security. It covers topics such as security and risk management, asset security, and security engineering.
  • Certified Ethical Hacker (CEH): This certification is offered by the International Council of E-Commerce Consultants (EC-Council) and is designed for professionals who work in cybersecurity. It covers topics such as network security, web application security, and penetration testing.

History

A concise historical narrative of NAICS Code 541830-03 covering global milestones and recent developments within the United States.

  • Media monitoring has been around since the early 1900s when newspapers began to track their own coverage. In the 1920s, radio stations started to monitor their broadcasts, and in the 1950s, television stations began to do the same. The industry grew in the 1980s with the advent of cable television and the internet. In recent years, media monitoring has become more sophisticated with the use of artificial intelligence and machine learning. In the United States, media monitoring has become increasingly important in the political arena, with politicians and interest groups using it to track media coverage and sentiment. For example, during the 2016 presidential election, media monitoring was used to track the coverage of candidates and issues across various media outlets.

Future Outlook for Media Monitoring

The anticipated future trajectory of the NAICS 541830-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The media monitoring industry in the USA is expected to grow in the coming years due to the increasing demand for media intelligence services. The industry is expected to benefit from the growing need for businesses to monitor their brand reputation and track their competitors. The rise of social media platforms has also increased the demand for media monitoring services as businesses seek to monitor their online presence. Additionally, the industry is expected to benefit from the increasing use of artificial intelligence and machine learning technologies to analyze media data. However, the industry may face challenges such as data privacy concerns and the increasing use of ad-blockers. Overall, the media monitoring industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 541830-03

Recent groundbreaking advancements and milestones in the Media Monitoring industry, reflecting notable innovations that have reshaped its landscape.

  • AI-Powered Media Monitoring: Companies are increasingly using artificial intelligence and machine learning technologies to analyze media data. This has led to the development of AI-powered media monitoring tools that can analyze large volumes of data in real-time and provide insights to businesses.
  • Social Media Monitoring: With the rise of social media platforms, media monitoring companies are now offering social media monitoring services to businesses. These services allow businesses to monitor their brand reputation and track their competitors on social media platforms.
  • Sentiment Analysis: Media monitoring companies are now using sentiment analysis tools to analyze media data and determine the sentiment of the content. This allows businesses to understand how their brand is being perceived by the public.
  • Real-Time Monitoring: Media monitoring companies are now offering real-time monitoring services that allow businesses to monitor media coverage as it happens. This allows businesses to respond quickly to any negative coverage and take corrective action.
  • Mobile Monitoring: With the increasing use of mobile devices, media monitoring companies are now offering mobile monitoring services that allow businesses to monitor media coverage on mobile devices. This allows businesses to stay informed even when they are on the go.

NAICS Code 541830-03 - Media Monitoring

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