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North America Social Commerce Market Share - Witnessed Huge Growth By 2026 || Facebook, Pinterest, Yahoo!, Twitter Inc
Social Commerce Market
The regions covered in the social commerce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest social commerce share.
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The social commerce market consists of sales of social commerce services by entities (organizations, sole traders, and partnerships) that are used for promoting and selling products or services. Social commerce is the incorporation of e-commerce and social media which is used for buying or selling goods or services directly within a social media platform such as Facebook and Instagram.
Key competitors in the social commerce market are Facebook, Pinterest, Etsy Inc., Poshmark Inc., Paypal Payments Private Limited, iQIYI.
The global social commerce market size is expected to grow from $501.04 billion in 2021 to $560.51 billion in 2022 at a compound annual growth rate (CAGR) of 11.9%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $916.84 billion in 2026 at a CAGR of 13.1%.
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TBRC's report segments the global social commerce market:
1) By Product Type: Personal and Beauty Care, Apparel, Accessories, Home Products, Health Supplements, Food and Beverage, Others
2) By Device Type: Laptops and PCs, Mobiles, Others
3) By Business Model: B2C, B2B, C2C
4) By End-User: Individual, Commercial
Read Further On The Social Commerce Market Here:
https://www.thebusinessresearchcompany.com/report/social-commerce-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Social Commerce Market Characteristics
3. Social Commerce Market Trends And Strategies
4. Impact Of COVID-19 On Social Commerce
5. Social Commerce Market Size And Growth
.....
28. Key Mergers And Acquisitions In The Social Commerce Market
29. Social Commerce Market Future Outlook and Potential Analysis
30. Appendix
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