Press release
Social Commerce Market Key Trends, Major Drivers and Growth Challenges by 2027 - Pinterest, Poshmark, Inc., Reddit Inc., SINA Corp., Taobao (Alibaba.com)
Social commerce is a part of e-commerce, and refers to buying & selling activities that take place specifically on social media platforms. Social commerce includes local as well as worldwide marketplaces that comprise small & large businesses selling their products to various social media followers and individual buyers.Social Commerce Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Business Model (B2B, B2C, C2C); Device Type (Smartphone, Laptop, Tablets); End User (Individual, Commercial) and Geography
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Rapid growth in social media and e-commerce expected to drive the global social commerce market. Moreover, growing adoption of social media advertising is anticipated to boost the demand for social commerce market.
The global social commerce market is segmented on the basis of business model, device type, end user. On the basis of business model, market is segmented as B2B, B2C, C2C. On the basis of device type, market is segmented as smartphone, laptop, tablets. On the basis of end user, market is segmented as individual, commercial
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global social commerce market based on various segments. It also provides market size and forecast estimates from year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The social commerce market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
Top Listed Companies in Social Commerce Market are -
- Etsy, Inc.
- PayPal Payments Private Limited
- Poshmark, Inc.
- Reddit Inc.
- SINA Corp.
- Taobao (Alibaba.com)
- Twitter, Inc.
The report analyzes factors affecting social commerce market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the social commerce market in these regions.
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