DUBLIN, April 05, 2024 (GLOBE NEWSWIRE) — “Saudi Arabia Social Commerce Market Intelligence and Future Growth Dynamics Databook – Social Commerce Trends, Operational KPIs, Retail Product Dynamics, and Consumption by End-Use Sector Added “Q1 2024 Update'' report – 50+ KPIs on customer demographics ResearchAndMarkets.com Recruitment.
Saudi Arabia's social commerce industry is expected to grow by 30.6% on an annual basis, reaching USD 1.71 billion in 2024. The social commerce industry is expected to grow steadily during the forecast period, registering a CAGR of 24.6% during 2024-2029. The country's social commerce GMV is expected to reach USD 5.14 billion by 2029, up from USD 1.31 billion in 2023.
This report provides a detailed data-centric analysis of the Social Commerce industry, covering market opportunities and risks. This report includes over 50 KPIs at the country level to provide a comprehensive understanding of Social Commerce market dynamics, market size and forecast, and market share statistics.
Research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to provide a detailed view of emerging business and investment market opportunities.
Reasy to purchase
- Deep understanding of Social Commerce market dynamics: Understand market opportunities and key trends with forecasts (2020-2029).
- Insights into opportunities by end-use sectors – Get market dynamics by end-use sectors and assess emerging opportunities across various end-use sectors.
- Develop a market-specific strategy: Identify growth segments and develop a social commerce strategy to target specific opportunities. Assess key market-specific trends, drivers, and industry risks.
Key attributes:
| report attributes | detail |
| number of pages | 70 |
| Forecast period | 2024-2029 |
| Estimated market value in 2024 (USD) | $1.7 billion |
| Projected market value to 2029 (USD) | $5.1 billion |
| compound annual growth rate | 24.6% |
| Target area | Saudi Arabia |
range
Saudi Arabia’s leading social commerce company
- Tagel
- four deal
Saudi Arabia Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2020-2029
Saudi Arabia Social Commerce Industry Market Size and Forecast by Retail Product Category, 2020-2029
- clothing and footwear
- beauty and personal care
- food and groceries
- Home appliances/electronic equipment
- home repair
- trip
- hospitality
Saudi Arabia Social Commerce Industry Market Size and Forecast by End-Use Consumer Segment, 2020-2029
Saudi Arabia Social Commerce Industry Market Size and Forecast by End Use Device, 2020-2029
Saudi Arabia Social Commerce Industry Market Size and Forecast by Location, 2020-2029
Saudi Arabia Social Commerce Industry Market Size and Forecast by Location, 2020-2029
- first class city
- 2nd class city
- 3rd class city
Saudi Arabia social commerce industry market size and forecast by payment method, 2020-2029
- credit card
- debit card
- Bank transfer
- prepaid card
- Digital & Mobile Wallet
- Other digital payments
- cash
Saudi Arabia’s social commerce industry market size and forecast by platform
- video commerce
- Social network-driven commerce
- social resale
- group purchase
- product review platform
Saudi Arabia social commerce industry market size and forecast by consumer demographics and behavior, 2023
- By age
- By income level
- By gender
For more information on this report, please visit https://www.researchandmarkets.com/r/y4zhk0.
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source of international market research reports and market data. We provide the latest data on international and regional markets, key industries, top companies, new products and latest trends.
-
Saudi Arabia social commerce market
