Global Social Commerce Market Growth (Status and Outlook) 2024-2030
Social commerce is a subset of electronic commerce that involves social media, online media that supports social interaction, and user contributions to assist online buying and selling of products and services.
The global Social Commerce market size is projected to grow from US$ 485670 million in 2023 to US$ 740140 million in 2030; it is expected to grow at a CAGR of 6.2% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Social Commerce Industry Forecast” looks at past sales and reviews total world Social Commerce sales in 2023, providing a comprehensive analysis by region and market sector of projected Social Commerce sales for 2024 through 2030. With Social Commerce sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Social Commerce industry.
This Insight Report provides a comprehensive analysis of the global Social Commerce landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Social Commerce portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Social Commerce market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Social Commerce and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Social Commerce.
The social commerce market statistics estimates that in terms of geographic regions, APAC will be the major revenue contributor to the social commerce market throughout the forecast period. The increasing internet penetration and the rising purchasing power of the middle-class population have made APAC the fastest-growing market for social commerce. This will positively influence the social commerce market size.
This report presents a comprehensive overview, market shares, and growth opportunities of Social Commerce market by product type, application, key players and key regions and countries.
Segmentation by type
Laptops and PCs
Mobiles
Tablets
E-readers
Internet-enabled TVs
Others
Segmentation by application
B2B
B2C
C2C
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Facebook
Pinterest
Tencent
Twitter
Weibo
Alibaba
Etsy
Fab
iQIYI
LinkedIn
PayPal
Qwiqq
Qzone
Reddit
Renren
Tumblr
Yahoo!
Please note: The report will take approximately 2 business days to prepare and deliver.