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North America Live Commerce Platforms Market Size, Share & Trends Analysis Report By Category (Apparel & Fashion, Cosmetics & Personal Care, Consumer Electronics, Furnishing, Entertainment, and Others Category), By Country and Growth Forecast, 2024 - 2031

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    Report

  • 69 Pages
  • September 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6007431
The North America Live Commerce Platforms Market would witness market growth of 19.3% CAGR during the forecast period (2024-2031).

The US market dominated the North America Live Commerce Platforms Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $693.5 Million by 2031. The Canada market is experiencing a CAGR of 21.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 20.9% during (2024 - 2031).

Some live commerce platforms offer real-time product customization options. Consumers can join live streams to interact with brand representatives to personalize custom-made jewellery, tailored clothing, or bespoke accessories. This application allows for high consumer involvement in the creation process.

Moreover, live commerce platforms facilitate virtual home tours and interior design consultations for the home goods and furniture industry. Viewers can join live streams to explore different home settings, see how furniture fits into various rooms, and receive expert design tips and recommendations.

The increasing number of social media users in Canada enhances the ability of live commerce platforms to target specific demographics and segments. Canadian brands can leverage social media analytics to identify niche audiences, tailor their live commerce content to regional preferences, and execute targeted marketing campaigns that resonate with local consumers. As per Made in Canada, there are over 36 million internet users and 33.1 million social media users in Canada. At the start of 2023, there were 33.1 million social media users in Canada, with most people having at least one social media account.

Based on Category, the market is segmented into Apparel & Fashion, Cosmetics & Personal Care, Consumer Electronics, Furnishing, Entertainment, and Others Category. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Amazon.com, Inc.
  • Google LLC (Youtube, LLC)
  • com Ltd.
  • iShopShops, Inc.
  • Bambuser AB
  • CommentSold, Inc.
  • Loop Now Technologies, Inc. (Firework)
  • TalkShopLive, Inc.
  • Livescale Technologies Inc.
  • GhostRetail Inc.

Market Report Segmentation

By Category

  • Apparel & Fashion
  • Cosmetics & Personal Care
  • Consumer Electronics
  • Furnishing
  • Entertainment
  • Others Category

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Live Commerce Platforms Market, by Category
1.4.2 North America Live Commerce Platforms Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2023
4.2 Strategies Deployed in Live Commerce Platforms Market
4.3 Porter Five Forces Analysis
Chapter 5. North America Live Commerce Platforms Market by Category
5.1 North America Apparel & Fashion Market by Country
5.2 North America Cosmetics & Personal Care Market by Country
5.3 North America Consumer Electronics Market by Country
5.4 North America Furnishing Market by Country
5.5 North America Entertainment Market by Country
5.6 North America Others Category Market by Country
Chapter 6. North America Live Commerce Platforms Market by Country
6.1 US Live Commerce Platforms Market
6.1.1 US Live Commerce Platforms Market by Category
6.2 Canada Live Commerce Platforms Market
6.2.1 Canada Live Commerce Platforms Market by Category
6.3 Mexico Live Commerce Platforms Market
6.3.1 Mexico Live Commerce Platforms Market by Category
6.4 Rest of North America Live Commerce Platforms Market
6.4.1 Rest of North America Live Commerce Platforms Market by Category
Chapter 7. Company Profiles
7.1 Google LLC (Youtube, LLC)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 Amazon.com, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental Analysis
7.2.4 Recent strategies and developments
7.2.4.1 Product Launches and Product Expansions
7.2.5 SWOT Analysis
7.3 Giosg.com Ltd.
7.3.1 Company Overview
7.3.2 Recent strategies and developments
7.3.2.1 Acquisition and Mergers
7.4 iShopShops, Inc.
7.4.1 Company Overview
7.5 Bambuser AB
7.5.1 Company Overview
7.5.2 Recent strategies and developments
7.5.2.1 Partnerships, Collaborations, and Agreements
7.5.2.2 Product Launches and Product Expansions
7.6 CommentSold, Inc.
7.6.1 Company Overview
7.6.2 Recent strategies and developments
7.6.2.1 Partnerships, Collaborations, and Agreements
7.6.2.2 Product Launches and Product Expansions
7.6.2.3 Acquisition and Mergers
7.7 Loop Now Technologies, Inc. (Firework)
7.7.1 Company Overview
7.7.2 Recent strategies and developments
7.7.2.1 Partnerships, Collaborations, and Agreements
7.8 TalkShopLive, Inc.
7.8.1 Company Overview
7.9 Livescale Technologies Inc.
7.9.1 Company Overview
7.10. GhostRetail Inc.
7.10.1 Company Overview

Companies Mentioned

  • Amazon.com, Inc.
  • Google LLC (Youtube, LLC)
  • giosg.com Ltd.
  • iShopShops, Inc.
  • Bambuser AB
  • CommentSold, Inc.
  • Loop Now Technologies, Inc. (Firework)
  • TalkShopLive, Inc.
  • Livescale Technologies Inc.
  • GhostRetail Inc.

Methodology

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