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Social Commerce Market Expected to Hit a Valuation of USD 7,822.5 Billion During 2025-2033, CAGR of 22.66%

12-10-2024 10:46 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: IMARC Group

Social Commerce Market Expected to Hit a Valuation of USD 7,822.5

According to the latest report by IMARC Group, titled "๐’๐จ๐œ๐ข๐š๐ฅ ๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐Œ๐จ๐๐ž๐ฅ (๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐ญ๐จ ๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ (๐๐Ÿ๐‚), ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐ญ๐จ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ (๐๐Ÿ๐), ๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ ๐ญ๐จ ๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ (๐‚๐Ÿ๐‚)), ๐ƒ๐ž๐ฏ๐ข๐œ๐ž ๐“๐ฒ๐ฉ๐ž (๐‹๐š๐ฉ๐ญ๐จ๐ฉ๐ฌ ๐š๐ง๐ ๐๐‚๐ฌ, ๐Œ๐จ๐›๐ข๐ฅ๐ž๐ฌ, ๐š๐ง๐ ๐Ž๐ญ๐ก๐ž๐ซ๐ฌ), ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž (๐๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ ๐š๐ง๐ ๐๐ž๐š๐ฎ๐ญ๐ฒ ๐‚๐š๐ซ๐ž, ๐€๐ฉ๐ฉ๐š๐ซ๐ž๐ฅ, ๐€๐œ๐œ๐ž๐ฌ๐ฌ๐จ๐ซ๐ข๐ž๐ฌ, ๐‡๐จ๐ฆ๐ž ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ, ๐‡๐ž๐š๐ฅ๐ญ๐ก ๐’๐ฎ๐ฉ๐ฉ๐ฅ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ, ๐…๐จ๐จ๐ ๐š๐ง๐ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž๐ฌ, ๐š๐ง๐ ๐Ž๐ญ๐ก๐ž๐ซ๐ฌ), ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘", offers a comprehensive analysis of the industry, which comprises insights on the global social commerce market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global social commerce market size reached ๐”๐’๐ƒ ๐Ÿ,๐Ÿ๐Ÿ‘๐Ÿ.๐Ÿ’ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง in 2024. Looking forward, IMARC Group expects the market to reach ๐”๐’๐ƒ ๐Ÿ•,๐Ÿ–๐Ÿ๐Ÿ.๐Ÿ“ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง by 2033, exhibiting a growth rate (๐‚๐€๐†๐‘) ๐จ๐Ÿ ๐Ÿ๐Ÿ.๐Ÿ”๐Ÿ”% during 2025-2033.

The global social commerce market is witnessing significant growth driven by the increasing integration of e-commerce with social media platforms, allowing brands to directly engage with consumers. The widespread adoption of smartphones and mobile internet is enabling users to shop seamlessly through social media channels, contributing to market expansion. Along with this, the rise of influencer marketing and user-generated content is also playing a crucial role in driving social commerce, as consumers are more likely to trust and engage with authentic, peer-driven recommendations.

Additionally, the increasing emphasis on personalized shopping experiences, facilitated by data analytics and AI-driven algorithms, is enhancing customer engagement and conversion rates. Apart from this, the growing trend of live-stream shopping, where products are showcased in real-time by influencers, is further boosting market demand. Moreover, the convenience of in-app purchases and integrated payment solutions on social media platforms is reducing friction in the shopping process, thereby propelling market growth.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/social-commerce-market/requestsample

๐’๐จ๐œ๐ข๐š๐ฅ ๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The market is poised for substantial growth, driven by the expansion of social media platforms into comprehensive retail ecosystems. As brands and retailers increasingly adopt social commerce strategies, the market is broadening its scope to include a diverse range of products and services, from fashion and beauty to electronics and home goods. The market is also benefiting from the rise of micro and nano-influencers, who cater to niche audiences and drive higher engagement rates, thereby expanding the reach of social commerce.

Concurrently, the increasing focus on enhancing the user experience through interactive features, such as shoppable posts, stories, and live-stream events, is attracting more consumers to social commerce platforms. The global shift towards digital-first shopping experiences, accelerated by the COVID-19 pandemic, is further driving the market's growth. According to market analysis, the integration of social commerce with emerging technologies, such as augmented reality (AR) and virtual reality (VR), is offering new growth opportunities in the coming years.

๐๐ฒ ๐ญ๐ก๐ž ๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ, ๐’๐จ๐ฆ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐’๐จ๐œ๐ข๐š๐ฅ ๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž ๐†๐ข๐ฏ๐ž๐ง ๐๐ž๐ฅ๐จ๐ฐ:

โ€ข eBay
โ€ข Etsy Inc.
โ€ข Facebook
โ€ข Meesho Inc.
โ€ข PayPal Payments Private Limited
โ€ข Pinterest Inc.
โ€ข Poshmark Inc.
โ€ข Reddit Inc.
โ€ข Taobao (Alibaba Group Holding Limited)
โ€ข Twitter Inc.
โ€ข Verizon Communications Inc.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Ž๐ฎ๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ๐ฌ ๐Ÿ๐จ๐ซ ๐๐ซ๐จ๐œ๐ก๐ฎ๐ซ๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ๐ฌ, ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง, ๐š๐ง๐ ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ข๐ž๐ฌ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž: https://www.imarcgroup.com/request?type=report&id=3482&flag=C

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐Œ๐จ๐๐ž๐ฅ:

โ€ข Business to Consumer (B2C)
โ€ข Business to Business (B2B)
โ€ข Consumer to Consumer (C2C)

According to the report, B2C represented the largest segment.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž ๐“๐ฒ๐ฉ๐ž:

โ€ข Laptops and PCs
โ€ข Mobiles
โ€ข Others

According to the report, mobiles represented the largest segment.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž:

โ€ข Personal and Beauty Care
โ€ข Apparel
โ€ข Accessories
โ€ข Home Products
โ€ข Health Supplements
โ€ข Food and Beverages
โ€ข Others

According to the report, apparel represented the largest segment.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ€ข North America (United States, Canada)
โ€ข Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
โ€ข Europe (Germany, France, United Kingdom, Italy, Spain, Others)
โ€ข Latin America (Brazil, Mexico, Others)
โ€ข Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

According to the report, Asia Pacific accounted for the largest market share.

๐Š๐ž๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

โ€ข Market Performance
โ€ข Market Outlook
โ€ข COVID-19 Impact on the Market
โ€ข Porter's Five Forces Analysis
โ€ข Historical, Current and Future Market Trends
โ€ข Market Drivers and Success Factors
โ€ข SWOT Analysis
โ€ข Structure of the Market
โ€ข Value Chain Analysis
โ€ข Comprehensive Mapping of the Competitive Landscape

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐œ๐š๐ง ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐’:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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