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The social commerce market is forecasted to grow by USD 1.47 trillion during 2024-2029, accelerating at a CAGR of 15.3% during the forecast period. The report on the social commerce market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by personalized shopping experience and diverse product portfolios on social commerce platforms, increasing use of social media advertising, and rising number of mobile internet users.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The social commerce market is segmented as below:
By Device
- Laptops and PCs
- Mobiles
- Tablets
- Others
By Business Segment
- Business to consumer
- Business to business
- Consumer to consumer
By Product Type
- Fashion and apparel
- Beauty and personal care
- Electronics and gadgets
- Home decor and furniture
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the social commerce market covers the following areas:
- Social Commerce Market sizing
- Social Commerce Market forecast
- Social Commerce Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Device
9 Market Segmentation by Business Segment
10 Market Segmentation by Product Type
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global social commerce market: Advance, Alibaba Group Holding Ltd., Automattic Inc., ByteDance Ltd., Charlton Media Group, Etsy Inc., Eventbrite Inc., Fashnear Technologies Pvt. Ltd., iQIYI Inc., Meta Platforms Inc., Microsoft Corp., One97 Communications Ltd., PayPal Holdings Inc., PDD Holdings, Renren Inc., Shopify Inc., SINA Corp., Tencent Holdings Ltd., X Corp., and Verizon Communications Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological advances in social media."
According to the report, one of the major drivers for this market is the personalized shopping experience and diverse product portfolios on social commerce platforms.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Advance
- Alibaba Group Holding Ltd.
- Automattic Inc.
- ByteDance Ltd.
- Charlton Media Group
- Etsy Inc.
- Eventbrite Inc.
- Fashnear Technologies Pvt. Ltd.
- iQIYI Inc.
- Meta Platforms Inc.
- Microsoft Corp.
- One97 Communications Ltd.
- PayPal Holdings Inc.
- PDD Holdings
- Renren Inc.
- Shopify Inc.
- SINA Corp.
- Tencent Holdings Ltd.
- X Corp.
- Verizon Communications Inc.