Global
GL 53996578 | Procurement

Global Media Monitoring Services Procurement Price, Data and Insights

IW
IBISWorld Research Department
Analyst New York
Media monitoring services monitor and collect news clippings (both virtual and physical) regarding pre-chosen topics, companies, products or keywords. These services are most often used by public relations (PR) agencies, media buying agencies, advertising agencies, retailers and personal care goods companies. Often, the keywords include the name of the buyer or the buyer's client. For example, PR professionals use media monitoring services to track the level of exposure they have created for their client and to determine prevailing trends to aid PR agencies in tailoring media content for maximum exposure.

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What’s included in this market coverage

IBISWorld's research coverage on the Media Monitoring Services procurement and pricing environment includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.

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About this Market

What’s this procurement report about?

This procurement coverage of the Media Monitoring Services market includes Keyword Tracking, Exposure Tracking, Identifying Trends, Sentiment Analysis, Competitor Analysis, Audience Demographics, Crisis Management Alerts, Media Impact Reporting and Influencer Identification.

Opportunity Assessment

What’s included in the Opportunity Assessment chapter?

The Opportunity Assessment chapter provides a comprehensive market analysis of the Media Monitoring Services market category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.

Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Media Monitoring Services market environment.

Buyer Power Score

What’s included in the Buyer Power Score chapter?

The Buyer Power Score chapter assesses key components impacting Media Monitoring Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.

These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.

Price Environment

Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.

Supply Chain & Vendors

What’s included in the Supply Chain & Vendors chapter?

The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Media Monitoring Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.

Business Requirements

What’s included in the Business Requirements chapter?

The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.

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