Social Commerce Market Size, Share, Trends and Analysis by Region, Product, Access (Mobile Devices, Desktops and Laptops), Platform (Live Commerce, Group Commerce, Super Apps, Others) and Segment Forecast, 2020-2030

Social Commerce Market Size, Share, Trends and Analysis by Region, Product, Access (Mobile Devices, Desktops and Laptops), Platform (Live Commerce, Group Commerce, Super Apps, Others) and Segment Forecast, 2020-2030
Summary

The global social commerce market will be valued at $ 2,398.4 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 24.4% over the forecast period.

This market intelligence report offers a thorough, forward-looking analysis of the global social commerce market, and key segments in a concise format to help executives build proactive and profitable growth strategies.

The rising disposable income, improved network connectivity, and proliferation of mobile devices are some of the prime factors responsible for the growth of this market.

ScopeThis report provides overview and service addressable market for social commerce market.It identifies the key trends impacting growth of the market over the next 12 to 24 months.It includes global market forecasts for the social commerce industry and detailed competitor analysis.Reasons to BuyThis market intelligence report offers a thorough, forward-looking analysis of the global social commerce market by type and key opportunities in a concise format to help executives build proactive and profitable growth strategies.Accompanying GlobalData’s Forecast products, the report examines the assumptions, drivers, deals, strategic initiatives and trend analysis in social commerce markets.Detailed segmentation by product - Apparel, Food & Beverages, Home Products, Electronics & Accessories, Personal Care, OthersThe report also highlights key access segments Mobile Devices, Desktops & LaptopsDetailed segmentation by platform segments Live Commerce, Group Buying, Super Apps, OthersThe report includes 50+ charts and tables providing in-depth analysis of the market size, forecast and supporting factors which are tailor-made for an executive-level audience, with enhanced presentation quality.The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in social commerce markets.The competitive section of the report helps in identifying the flagbearers, experimenters, contenders, and specialists based on their growth and innovation performance in the online retail industry which will help stakeholders analyze competition penetration.The broad perspective of the report coupled with comprehensive, actionable detail will help mining sector stakeholders, service providers, and other social commerce players succeed in growing the social commerce market globally.