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Classified in: Science and technology, Business
Subject: MRR

Global Social Commerce Market Intelligence Databook Highlights Rapid Growth and Future Projections - Forecast to 2029


DUBLIN, March 26, 2024 /PRNewswire/ -- The "Global Social Commerce Market Intelligence Databook Subscription - Q1 2024" report has been added to  ResearchAndMarkets.com's offering.

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The social commerce industry is currently witnessing a significant surge, with an anticipated annual growth rate of 14.8%, reaching a market value of US$737.2 billion in 2023. This burgeoning sector is poised to continue its upward trajectory, with a robust compound annual growth rate (CAGR) of 12.7% expected from 2024 to 2029. As per the latest analysis, the global social commerce Gross Merchandise Value (GMV) will magnify from US$642.09 billion in 2023 to an estimated US$1,339.75 billion by 2029.

This comprehensive market intelligence report sheds light on the dynamic nature of the social commerce industry, offering an in-depth, data-centric examination of the marketplace. With over 50 key performance indicators (KPIs) at the country level, it delivers unparalleled insights into market size forecasts, growth dynamics, and market share statistics, ensuring stakeholders are well-equipped to navigate the industry landscape.

The vast databook provides extensive coverage of 20 individual reports, encompassing global insights as well as granular, country-level analysis for markets including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Mexico, Nigeria, Philippines, Russia, South Africa, Thailand, United Arab Emirates, United Kingdom, United States, and Vietnam.

Scope of the Social Commerce Market Intelligence

This research presents an invaluable resource for understanding the evolving social commerce landscape. It equips businesses, investors, and strategists with the essential metrics to identify market opportunities, formulate tailored strategies, and navigate potential industry risks effectively.

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/i8h4be

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SOURCE Research and Markets


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