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The social commerce market is forecasted to grow by USD 8.88 trillion during 2023-2028, accelerating at a CAGR of 41.53% 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 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 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 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 an analysis of the key vendors.
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 research - both primary and secondary. 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 the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Device
7 Market Segmentation by Business Segment
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 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., Twitter Inc., 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.
- Twitter Inc.
- Verizon Communications Inc.
