Social Commerce - Global Strategic Business Report

The global market for Social Commerce is estimated at US$1.3 Trillion in 2023 and is projected to reach US$8.5 Trillion by 2030, growing at a CAGR of 30.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the social commerce market is driven by several factors, including the widespread adoption of mobile devices, improvements in mobile commerce technology, and the increasing influence of social media on consumer purchasing decisions. As smartphones become ubiquitous, and mobile internet speeds increase, more consumers are using these devices to shop online. Social media platforms have capitalized on this trend by continuously enhancing their mobile interfaces and shopping features, making it easier for users to browse and buy products on the go. Additionally, the growing trust in online payments and the convenience of saved payment information simplify the transaction process, encouraging impulse buys and frequent transactions. Consumer behavior is increasingly influenced by social interactions and the seamless integration of shopping into everyday social experiences, such as browsing feeds, watching videos, or engaging with content creators.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the B2C Business Model segment, which is expected to reach US$5.2 Trillion by 2030 with a CAGR of a 31.6%. The B2B Business Model segment is also set to grow at 29.2% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $84.3 Billion in 2023, and China, forecasted to grow at an impressive 33.1% CAGR to reach $4.7 Trillion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Social Commerce Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Social Commerce Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Social Commerce Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as LinkedIn Corporation, Bazaarvoice, Inc., Etsy, Inc., and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 123 Featured):

• LinkedIn Corporation
• Bazaarvoice, Inc.
• Etsy, Inc.
• Groupon, Inc.
• Dash Hudson Inc.
• CommentSold, Inc.
• 3AL Universal Trade
• CoinLinked
• Komodaa
• Konvo
• Elenas
• Beautylish
• ConnectionPoint
• Dasdak Inc.
• LIKEtoKNOW.it