The next great shift in digital commerce is social commerce, which will have a similar impact on consumer behaviour as online shopping had in the past two decades. Additionally, it will have unintended effects and unforeseen change, as with every revolution.
Global Social Commerce Market size was valued at US$ 325.28 Bn. in 2021 and the total revenue is expected to grow at CAGR 28.93% through 2021 to 2029, the Social Commerce Market is reaching nearly US$ 2483.71 Bn.
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Market Scope:
Gathering revenue data from important suppliers is the first phase in the research approach used to analyse and forecast the Global Social Commerce market. When creating market segmentation, vendor offerings are taken into consideration. The market size for Global Social Commerces was estimated using a bottom-up methodology considering the revenue of important companies.
Global Social Commerce Market Overview:
This study aims to provide a comprehensive overview of the Global Social Commerce market by segments, industry, and region. The study provides comprehensive information on the major factors influencing the growth of the Global Social Commerce industry. In-depth analysis of the market's value chain is also done in the study.
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Key Players:
• Fab
• PayPal Payments
• Pinterest
• Poshmark, Inc.
• Reddit Inc.
• SINA Corp.
• Taobao
• Twitter, Inc.
• Alibaba (China) Co., Ltd.
• iQIYI
• LinkedIn Corporation
• Renren, Inc.
• Tencent - Qzone
• Tencent Holdings Ltd.
Regional Analysis:
Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.
COVID-19 Impact Analysis on Global Social Commerce Market: The detailed review of COVID-19 impact on the Global Social Commerce market based on import, suppliers, ket players have also been included in the Global Social Commerce market report.
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Key Questions Answered in the Global Social Commerce Market Report are:
- Which segment had the largest share in the Global Social Commerce market?
- How is the competitive landscape of the Global Social Commerce market?
- Which are the key factors impacting the Global Social Commerce market growth?
- Which region has the maximum share in the Global Social Commerce market?
- What will be the CAGR of the Global Social Commerce market during the forecast period (2021-2027)?
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