Global Social Commerce Market Intelligence and Future Growth Dynamics Databook – Q3 2024 Update
According to PayNXT360, global social commerce industry is expected to grow by 14.8% on annual basis to reach US$737.2 billion in 2023.
The global social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 12.5% during 2024-2029. The global social commerce GMV will increase from US$642.09 billion in 2023 to reach US$1,326.35 billion by 2029.
世界のソーシャルコマース業界は、予測期間中に着実に成長し、2024年から2029年の間に12.5％のCAGRを記録すると予想されています。世界のソーシャルコマースGMVは2023年の6,420億9,000万米ドルから増加し、2029年までに1兆3,263億5,000万米ドルに達すると予想されています。
Social commerce is transforming the global retail landscape, offering businesses new avenues to engage with consumers and drive sales. The integration of social media and e-commerce, the rise of live shopping events, the focus on younger audiences, personalization through data analytics, and the increasing importance of user-generated content are shaping the future of commerce worldwide. As the market evolves, brands must remain agile and innovative to capitalize on emerging opportunities and navigate the competitive landscape effectively.
Scope
This title from PayNXT360 is a bundled offering, combining 20 reports (880 tables and 1140 charts).
Country reports in this bundled offering provide in-depth analysis of Social Commerce industry. Below is a summary of key market segments offered at country level:
Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2020-2029
Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2020-2029
- Social Commerce Industry Market Size and Forecast by Retail Product Categories, 2020-2029
–Clothing & Footwear
–Beauty and Personal Care
–Food & Grocery
–Appliances and Electronics
–Home Improvement
–Travel
–Hospitality
- Social Commerce Industry Market Size and Forecast by End Use Consumer Segment, 2020-2029
–B2B
–B2C
–C2C
- Social Commerce Industry Market Size and Forecast by End Use Device, 2020-2029
–Mobile
–Desktop
- Social Commerce Industry Market Size and Forecast by Location, 2020-2029
–Domestic
–Cross Border
- Social Commerce Industry Market Size and Forecast by Location, 2020-2029
–Tier-1 Cities
–Tier-2 Cities
–Tier-3 Cities
- 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 Payment
–Cash
- Social Commerce Industry Market Size and Forecast by Platforms
–Video Commerce
–Social Network-Led Commerce
–Social Reselling
–Group Buying
–Product Review Platforms
- Social Commerce Industry Market Size and Forecast by Consumer Demographics & Behaviour,2023
–By Age
–By Income Level
–By Gender
Reason to buy
- In-Depth Insight into Social Commerce Market Dynamics: Gain a comprehensive understanding of social commerce market opportunities and significant trends, alongside projections for the 2020 to 2029 period. This insight is crucial for businesses looking to thrive in the expanding social commerce landscape.
- Detailed Analysis of Opportunities by End-Use Sectors: Investigate the market dynamics within various end-use sectors to identify and evaluate emerging opportunities. This analysis enables businesses to tailor their strategies effectively and capitalize on growth potential in the social commerce market.
- Formulate Targeted Social Commerce Strategies: Identify key growth segments and target specific opportunities to develop an effective social commerce strategy. Evaluate market-specific trends, drivers, and risks to ensure your approach aligns with consumer behaviors and preferences, ultimately enhancing engagement and conversions.
Companies Mentioned
Facebook, TikTok, Instagram, eBay Australia, JB Hi-Fi, BuyersCircle, Shopify Austria, Refurbed, wikifolio, kyddo, snooopit, Daraz, ShopUp, AjkerDeal, Evaly, Kazidomi, My Social Book, myShopi, Lokkal, Earnieland, YouTube, Facily, Zoop Brasil, LTK, Think Dirty, MILLIONS.CO, PopshopLive, ESCAPESwithYOU, Chile 360, Fantastic, Douyin Live Shopping, Taobao Live, Kuaishou, Pinduoduo, Taobao Marketplace, Elenas, Valienta, Unisport, My SkatePro, Flauntin, Brimore, Taager Shopping, Apprl, StyleDoubler, Swappie, Rue du Commerce, Smiirl, Sephora, mobile.de, Zalando, idealo, Tomigo, Greeks.Social, Broombids, Meesho, Shopsy, Twitter, Chilibeli, Aplikasi Super, Divar Shopping, Trumpet, Digikala, Popdeem, Irish Brands, Boards, Easy Social Shop, GROO, Bantoa, GreenApes, Comehome, Line, Linktree, Flip Fit, KiliShop, Copia, PG Mall, TikTok Seller, Sav.com, Truekeo.com, eBay, Orderchamp, Productpine, Jiji Nigeria, Sendbox, reselr.com, Resellee, cafe24 corp., Brainly, Ganymede SP. Z.o.o., Vkontakte, Youla, Shoppilot, Tajer, Fordeal, Shopee, Carousell, Mdada, atonzo, BabyGroup.co.za, TMON, Zigbang, Wemakeprice, Playtomic, 21Buttons, Moodyo, SHEIN, ImmoScout24, Inyova, Kkday, koo.live, LinkBy, Trendyol, TurkSey, The Luxury Closet, Zbooni, SellAnyCar.com, Floranow, LOOKK, Depop, AGORA, Company Shop, Amazon Shopping, Verishop and Verishop Mini, Zalo