The Power of Influence: How Social Commerce is Shaping Consumer Behavior

The Social Commerce Market size was valued at USD 913.4 Billion in 2023 and the total Social Commerce Market revenue is expected to grow at a CAGR of 31.60% from 2024 to 2030, reaching nearly USD 6243.9 Billion.

Social Commerce Market Overview

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Social Commerce Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Social Commerce market, with forecasts outspreading to the year 2030.

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Social Commerce Market Scope and Methodology:

The report covers the method that combines descriptive analysis and SWOT analysis to give investors pertinent information. The primary goal of the study is to present a thorough picture of the Social Commerce market. A range of techniques, including questionnaires and surveys, are employed in the data collection process. After this, the data are assessed through the use of numerical, statistical, and mathematical techniques. To discover Social Commerce market trends, a combination of qualitative and quantitative research methodologies must be used, which makes data collecting and processing essential.

The research assesses the possible futures of the market by closely looking at the state of buyer direct, R&D projects, creative forms of development, advanced industry approaches, and market consolidations and acquisitions. Methods, organizational charts, portfolios, and a critical assessment of prominent business executives are all included in the research. Social Commerce A comprehensive PESTLE study and SWOT analysis of doors were carried out to identify market trends and present microeconomic variables.

 

Social Commerce Market Regional Insights                                                          

Comprehensive analyses of the Asia-Pacific area, Europe, Africa, South America, and the Middle East are included in the research. One component of regional analysis is comprehending the complex dynamics of the Social Commerce market. The study includes a framework of product exports and imports by countries and regions, together with market sizes and growth rates for Social Commerce . This paper provides an overview of the most recent advancements in the discipline across several nations and regions.

 

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Social Commerce Market Segmentation

by Business Model

Business to Consumer (B2C)
Business to Business (B2B)
Consumer to Consumer (C2C)


by Product Type

Personal and Beauty Care
Apparel
Accessories
Home Products
Health Supplements
Food and Beverage
Others


by Platform/Sales Channel

Video Commerce (Live stream + Prerecorded)
Social Network-led Commerce
Social Reselling
Group Buying
Product Review Platforms


by Device Type

Smartphone
Laptop
Tablets

Social Commerce Market Key Players


North America Social Commerce Market Top Players:

1. eBay (USA)
2. Facebook (USA)
3. Twitter (USA)
4. Pinterest (USA)
5. PayPal (USA)
6. Instagram (USA)
7. Verizon Communications Inc. (USA)
8. Poshmark Inc. (USA)
9. Etsy Inc (USA)
10. Poshmark Inc. (USA)
11. Amazon (USA)

Asia Pacific Social Commerce Market Top Players:

1. Flipkart (India)
2. Myntra (India)
3. Meesho (India)
4. Shopclues (India)
5. Souled Store (India)
6. Snapdeal (India)
7. Payments Private Limites (India)
8. Tata CLiQ (India)
9. Taobao (Alibaba Group Holding Limited)
10. Reddit Inc. (India)
11. SINA Corp. (China)
12. Alibaba Group Holding Limited (China)
13. Douyin (TikTok, ByteDance) ( China)

Key questions answered in the Social Commerce Market are:

  • What is Social Commerce ?
  • What is the growth rate of the Social Commerce Market?
  • What was the Social Commerce Market size in 2023?
  • What are the upcoming opportunities and trends for the Social Commerce Market?
  • What are the different segments of the Social Commerce Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Social Commerce Market?
  • What segments are covered in the Social Commerce Market?
  • Which are the factors expected to drive the Social Commerce Market growth?
  • What growth strategies are the players considering to increase their presence in Social Commerce ?
  • Who are the leading companies and what are their portfolios in Social Commerce Market?
  • Who are the key players in the Social Commerce market?
  • What is the CAGR at which the Social Commerce market will grow during the forecast period?

 

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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