Press release
Social Commerce Global Market Report 2025: Unleashing Future Growth Drivers and Market Trends
Social Commerce to surge from $764.49 billion in 2024 to $877.03 billion in 2025, with a projected growth to $1453.4 billion in 2029 powered by increasing social media usage and evolving market trends.What Is The Projected Market Size Of The Global Social Commerce Global Market Report 2025 And Its Growth Rate?
•The social commerce market is growing swiftly. Expected to grow from $764.49 billion in 2024 to $877.03 billion in 2025 at a CAGR of 14.7%.
•This growth in its initial period is primarily due to factors like rise of social media platforms, user-generated content, integration of shopping features, and trust in peer recommendations.
•The social commerce market size is further expected to soar to $1453.4 billion in 2029 at a CAGR of 13.5%. Phases of growth in the forecast period can be attributed to live shopping experiences, expansion of social payment options, and niche community engagement.
What Is Driving The Growth In The Social Commerce Global Market Report 2025?
The surge in social media usage is driving the growth of the social commerce market. Social media platforms, including YouTube, Facebook, and Instagram, are being increasingly utilized. The COVID-19 pandemic amplified the usage of social media as people turned to these platforms to shop amidst travel restrictions. For instance, in January 2024, We Are Social Ltd, a UK-based media company, reported that social media usage rose to 1.5%, compared to 0.9% in January 2023, thus bolstering the growth of the social commerce market.
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Who Are the Key Players Driving Social Commerce Global Market Report 2025 Growth?
•Amazon.com Inc.
•Microsoft Corporation
•Alibaba Group Holding Limited
•Facebook Inc.
•Tencent Holdings Limited
•ByteDance Ltd.
•Instagram LLC
•YouTube LLC
•PayPal Payments Private Limited
•Salesforce.com Inc.
•Xiaohongshu Inc.
•Pinduoduo Inc.
•Adobe Inc.
•LinkedIn Corporation
•eBay Inc.
•TikTok Inc.
•Shopify Inc.
•Twitter Inc.
•Snapchat Inc.
•Pinterest Inc.
•Etsy Inc.
•Sina Corporation
•Weibo Corporation
•Wix.com Ltd.
•Squarespace Inc.
•BigCommerce Holdings Inc.
•Poshmark Inc.
•Automattic Inc.
•Renren Inc.
•Fabulous Inc.
•Big Cartel LLC
•Volusion LLC
•Ecwid Inc.
•PrestaShop SA
•OpenCart Limited
•Miva Inc.
•Zen Cart
What Are The Key Trends In The Social Commerce Global Market Report 2025?
•Live commerce and video shopping
•Augmented reality (AR) for virtual try-ons
•Shoppable content and social ads
•Integration of chatbots and AI
•Marketing and affiliate programs
What Are The Segments Of The Global Social Commerce Global Market Report 2025?
•By Product Type: Personal And Beauty Care, Apparel, Accessories, Home Products, Health Supplements, Food And Beverage, Other Products.
•By Device Type: Laptops And PCs, Mobiles, Other Devices.
•By Business Model: B2C, B2B, C2C.
•By End User: Individual, Commercial.
Which Region Leads The Social Commerce Global Market Report 2025?
North America was the largest region in the social commerce market share in 2024 followed by Europe. The regions covered in the social commerce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Social Commerce Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Social Commerce Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Social Commerce Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Social Commerce Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Social Commerce Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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