DUBLIN, July 18, 2024 (GLOBE NEWSWIRE) — The “Social Commerce – Global Strategic Business Report” report ResearchAndMarkets.com Recruitment.
The global social commerce market is estimated to reach USD 1.3 trillion in 2023 and is projected to reach USD 8.5 trillion by 2030, growing at a CAGR of 26.2% from 2023 to 2030. This comprehensive report provides a detailed analysis of market trends, drivers, and forecasts to help make informed business decisions.
Key insights:
- Market Growth: Understand the significant growth trajectory of the B2C social commerce segment, which is expected to reach USD 5.2 trillion by 2030 at a CAGR of 27.1%. The B2B social commerce segment is also expected to grow at a CAGR of 25.2% over the next eight years.
- Regional Analysis: Gain insights into the US market, estimated to reach $84.3 billion in 2023, and the Chinese market, projected to grow at a staggering CAGR of 28.5% to reach $4.7 trillion by 2030. Discover growth trends in other key regions including Japan, Canada, Germany, and Asia Pacific.
Reasons to buy this report:
- Detailed Market Analysis: Access an in-depth 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 key players across various regions.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the global social commerce market.
- Actionable Insights: Leverage actionable insights that help you identify new revenue opportunities and make strategic business decisions.
Answers to your main questions:
- How is the global social commerce market expected to evolve by 2030?
- What are the key drivers and restraints impacting the market?
- Which market segment will witness the highest growth during the forecast period?
- How will the market shares of different regions and segments change by 2030?
- Who are the key players in the market and what are their prospects?
Report highlights:
- Comprehensive market data: Independent analysis of annual revenue and market forecasts (in USD millions) from 2023 to 2030.
- Detailed regional analysis: In-depth analysis of key markets including the United States, China, Japan, Canada, Europe, Asia Pacific, Latin America, Middle East and Africa.
- Company Profiles: Features major companies such as LinkedIn Corporation, Bazaarvoice, Inc., and Etsy, Inc.
- Free Updates: Receive free report updates for one year to stay up to date with the latest market trends.
Select a competitor (123 in total featured):
- LinkedIn, Inc.
- Bazaar Voice Inc.
- Etsy Inc.
- Groupon Inc.
- Dash Hudson Co., Ltd.
- CommentSold, Inc.
- 3AL Universal Trade
- CoinLink
- Komoda
- Combo
- Elenas
- Beautylish
- Connection Points
- Dasdaq Co., Ltd.
- nice!
Major features
| Report Attributes | detail |
| number of pages | 442 |
| Forecast Period | 2023 – 2030 |
| Estimated market value in 2023 (USD) | $1.3 trillion |
| Market value forecast to 2030 (USD) | $8.5 trillion |
| Compound Annual Growth Rate | 26.2% |
| Target area | global |
Key Topics
I. Methodology
II. Overview
1. Market Overview
- Social Commerce – Market Share of Major Global Competitors in 2023 (E)
- Competitive Market Presence for Global Players in 2023 – Strong/Active/Niche/Trivial Market (E)
- The expanding role of social media in marketing paves the way for social commerce
- World Economic Outlook
- What is Social Commerce, its Benefits and Importance?
- Recent Market Trends
- Innovation
- World Brand
2. Pay attention to the players selected
3. Market Trends and Drivers
- Internet infrastructure that facilitates the digitalization of consumer lifestyles, including digital social presence
- Homes with Fiber Optic Connections Are Getting Familiar with Social Media Networking: Global Fiber Optic Connections (FTTH/B) Market, 2021, 2023, 2025, and 2027 (USD Million)
- Mobile computing devices are ubiquitous indicators of modern digital life
- Changing consumer mobile habits beyond just voice communication drive the concept of social commerce
- Smartphones, tablets, and laptops enable social networking on the move, making social commerce more prevalent, ubiquitous, and dominant. Worldwide annual sales of smartphones, tablets, laptops, and desktop PCs, 2010, 2015, 2020, and 2025 (in millions)
- Rapid growth in mobile broadband subscribers bodes well for social commerce
- Social commerce will explode as mobility rises: Global mobile subscriber numbers (in billions) 2018-2023
- The future of 5G is unquestionable: 5G's contribution to GDP in selected countries by 2030 (in billion US dollars)
- Why vendors and advertisers cannot ignore social media as a powerful communication medium
- Social media platforms with a strong global presence and reach are essential for brands to ensure consistent audience growth. Global social media users (in billions) in 2017, 2019, 2021, 2023, and 2025
- Pandemic-fueled rise in e-commerce will accelerate growth of social commerce market
- Global B2C e-commerce sales in trillions of US dollars, 2017, 2019, 2021, and 2023
- The pandemic will accelerate e-commerce growth
- The Vital Role of Social Commerce in Your E-commerce Strategy
- Artificial Intelligence Will Revolutionize Digital and Social Commerce
- Augmented and virtual reality revolutionize social commerce
- Benefits of Blockchain in Social Media and Social Commerce
- Security and Privacy Concerns and Legal Issues: Social Commerce's Biggest Challenges
4. Global Market Outlook
III. Market Analysis
IV. Competition
For more information on this report, please visit: https://www.researchandmarkets.com/r/wuf075
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