Technology & Media
Social Commerce
Social Commerce
Social Commerce
Global Social Commerce Market to Reach $8.5 Trillion by 2030
The global market for Social Commerce estimated at US$992.4 Billion in the year 2022, is projected to reach a revised size of US$8.5 Trillion by 2030, growing at a CAGR of 30.7% over the period 2022-2030. B2C, one of the segments analyzed in the report, is projected to record 31.9% CAGR and reach US$5.2 Trillion by the end of the analysis period. Growth in the B2B segment is estimated at 29.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $66 Billion, While China is Forecast to Grow at 33.5% CAGR
The Social Commerce market in the U.S. is estimated at US$66 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.7 Trillion by the year 2030 trailing a CAGR of 33.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 23% and 24.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 25.2% CAGR.Select Competitors (Total 123 Featured) - LinkedIn CorporationBazaarvoice, Inc.Etsy, Inc.Groupon, Inc.Dash Hudson Inc.CommentSold, Inc.3AL Universal TradeCoinLinkedKomodaaKonvoElenasBeautylishConnectionPointDasdak Inc.LIKEtoKNOW.itPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.
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