Social Commerce Market Statistics, Share, Size, Globally Growth Analysis, Top Key Players, Research Report 2022-2027

Social Commerce Market Overview:

IMARC Group's latest research report, titled "Social Commerce Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the global social commerce market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global social commerce market is expected to exhibit a CAGR of 28.17% during 2022-2027. Social commerce refers to the use of social networking websites to sell and promote a wide range of products and services. It provides consumers the experience of shopping through the use of social media platforms. Social commerce is a part of e-commerce that includes local and international marketplaces comprising small and large businesses, which help in reaching a larger customer base and targeting new customers through posts related to products. In recent years, social commerce has gained traction with the rapid digitization across various industries and the increasing number of smartphone users worldwide.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Key Players Included in Global Social Commerce Market Research Report:

• eBay
• Etsy Inc.
• Facebook
• Meesho Inc.
• PayPal Payments Private Limited
• Pinterest Inc.
• Poshmark Inc.
• Reddit Inc.
• Taobao (Alibaba Group Holding Limited)
• Twitter Inc.
• Verizon Communications Inc

Global Social Commerce Market Trends:

The market is primarily driven by the growing adoption of social media platforms, such as Facebook, Twitter, and Instagram, to sell goods and services using social communications. New shopping experiences created due to social interactions and the transactional nature of e-commerce are also providing a positive impact on the market growth. Social commerce facilitates a collaborative and connected environment for buyers across the globe, which helps companies build trust and loyalty with customers and expand their overall sales.

Furthermore, the increasing preference for unified payment options and the inclination toward convenience is also fueling the market growth. Besides this, lockdowns imposed by governments of various countries due to the rising cases of coronavirus disease (COVID-19) have increased the sales of various products via online shopping platforms. Moreover, the integration of technologies such as artificial intelligence (AI), big data, and blockchain is aimed at improving the customer buying experience.

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Key Market Segmentation:

Breakup by Business Model:
• Business to Consumer (B2C)
• Business to Business (B2B)
• Consumer to Consumer (C2C)

Breakup by Device Type:
• Laptops and PCs
• Mobiles
• Others

Breakup by Product Type:
• Personal and Beauty Care
• Apparels
• Accessories
• Home Products
• Health Supplements
• Food and Beverages
• Others

Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

TOC for the Social Commerce Market Research Report:
• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Social Commerce Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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