Social Commerce Market Forecast 2023-2032: Market Size, Drivers, And Trends

The Social Commerce Global Market Report 2023, provides comprehensive information on the social commerce market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

 

Learn More On The Social Commerce Market’s Growth:

https://www.thebusinessresearchcompany.com/report/social-commerce-global-market-report

 

As per The Business Research Company’s Social Commerce Global Market Report 2023, the global social commerce market size grew from $534.03 billion in 2022 to $565.83 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The social commerce market size is expected to grow to $689.56 billion in 2027 at a CAGR of 5.1%.

 

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The social commerce market is segmented:

1) By Product Type: Personal And Beauty Care, Apparel, Accessories, Home Products, Health Supplements, Food And Beverage, Other Products

2) By Device Type: Laptops And PCs, Mobiles, Other Devices

3) By Bussiness Model: B2C, B2B, C2C

4) By End User: Individual, Commercial

 

North America was the largest region in the social commerce market in 2022.

 

The table of contents in TBRC’s social commerce market report includes:

1. Executive Summary

2. Social Commerce Market Characteristics

3. Social Commerce Market Trends And Strategies

4. Social Commerce Market – Macro Economic Scenario

5. Social Commerce Market Size And Growth

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27. Social Commerce Market Competitive Landscape And Company Profiles

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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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

 

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