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The $8.5 Trillion Global Market For Social Commerce, 2030 - Security & Privacy Concerns And Legal Issues Are The Biggest Challenge For Market Players
By GlobeNewswire
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Dublin, July 18, 2024 (GLOBE NEWSWIRE) -- The "Social Commerce - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Social Commerce is estimated at US$1.3 Trillion in 2023 and is projected to reach US$8.5 Trillion by 2030, growing at a CAGR of 26.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the B2C Social Commerce segment, which is expected to reach US$5.2 Trillion by 2030 with a CAGR of 27.1%. The B2B Social Commerce segment is also set to grow at 25.2% CAGR over the next 8 years.
- Regional Analysis: Gain insights into the U.S. market, estimated at $84.3 Billion in 2023, and China, forecasted to grow at an impressive 28.5% CAGR to reach $4.7 Trillion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Social Commerce Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Social Commerce Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Social Commerce Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as LinkedIn Corporation, Bazaarvoice, Inc., Etsy, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 123 Featured):
- LinkedIn Corporation
- Bazaarvoice, Inc.
- Etsy, Inc.
- Groupon, Inc.
- Dash Hudson Inc.
- CommentSold, Inc.
- 3AL Universal Trade
- CoinLinked
- Komodaa
- Konvo
- Elenas
- Beautylish
- ConnectionPoint
- Dasdak Inc.
- LIKEtoKNOW.it
Key Attributes
| Report Attribute | Details |
| No. of Pages | 442 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $1.3 Trillion |
| Forecasted Market Value (USD) by 2030 | $8.5 Trillion |
| Compound Annual Growth Rate | 26.2% |
| Regions Covered | Global |
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Social Commerce - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
- The Growing Role of Social Media in Marketing Opens the Pathway for Social Commerce
- Global Economic Outlook
- Overview of Social Commerce, Its Benefits and Significance
- Recent Market Activity
- Innovations
- World Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Internet Infrastructure, the Catalyst for Digitalizing Consumer Lifestyles Including Digital Social Presence
- Households With Fiber Connectivity Are No Strangers to Social Media Networking: Global Market for Fiber-to-the-Home/Building (FTTH/B) (In US$ Million) for Years 2021, 2023, 2025, and 2027
- Mobile Computing Devices Are a Ubiquitous Indicator of Modern Digital Life
- Changing Consumer Mobile Usage Habits Beyond Just Voice Communication Encourage the Social Commerce Concept
- Smartphones, Tablets & Laptops Enable Social Networking On the Move, Making Social Commerce More Pervasive, Omnipresent & Hard to Beat: Global Annual Sales of Smartphones, Tablets, Laptops & Desktop PCs (In Million Units) for Years 2010, 2015, 2020 and 2025
- Spiraling Mobile Broadband Subscriptions Bode Well for Social Commerce
- With Mobility On the Rise, Social Commerce is Set to Explode: Global Number of Mobile Subscribers (In Billion) for Years 2018 Through 2023
- The Future of 5G is Unquestioned: 5G Contribution to GDP in Select Countries by 2030 (In US$ Billion)
- As a Powerful Communication Medium, Here's Why Vendors & Advertisers Cannot Ignore Social Media
- With a Powerful Global Presence & Reach, Social Media Platforms Are Vital for Brands to Ensure Consistent Audience Growth: Global Number of Social Media Users (In Billion) for Years 2017, 2019, 2021, 2023, 2025
- The Rise of e-Commerce Catalyzed by the Pandemic Shifts Growth Into High Gear in the Social Commerce Market
- Global B2C E-Commerce Sales in US$ Trillion for the Years 2017, 2019, 2021 and 2023
- Pandemic Fast Forwards eCommerce Growth
- Vital Role of Social Commerce in an eCommerce Strategy
- Artificial Intelligence Emerges to Revolutionize Digital & Social Commerce
- Augmented Reality & Virtual Reality Emerge to Revolutionize Social Commerce
- Blockchain Benefits in Social Media & Social Commerce
- Security & Privacy Concerns & Legal Issues: The Biggest Challenges for Social Commerce
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/wuf075
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ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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First published on Fri, Jul 19, 2024
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