Thursday, December 1 2022

The latest research report from the IMARC group, titled “Social Commerce Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

The global social commerce market has shown double-digit growth over the period 2015-2020. Looking ahead, IMARC Group expects the global social commerce market to grow at a pace CAGR of around 25% during 2021-2026. Social commerce represents a platform that includes ratings, post sharing, online communities, etc., to facilitate direct interaction between sellers and buyers. It provides a personalized shopping experience for consumers and helps in the online purchase of products and services, such as personal care and beauty items, dietary supplements, clothing, accessories, etc. In addition, social commerce offers consistent audience growth, genuine engagement and traffic, high search engine rankings, brand loyalty, and more. Hence, it is widely used by various organizations to build trust with customers and increase their overall sales.

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Important Attribute and Report Highlights:

  • Detailed Global Market Share Analysis
  • Market segmentation by business model, device type and product type.
  • Historical, current and projected market size in terms of volume and value
  • Latest industry trends and developments
  • Competitive landscape for the social commerce market
  • Strategies of key players and product offerings

Global Social Commerce Market Trends:

Rising penetration of internet connectivity and growing number of smartphone and tablet users are some of the major factors driving the social commerce market across the globe. In addition to this, the emergence of online shopping websites is further propelling the growth of the market. Moreover, the widespread adoption of digital services in business processes is increasing the demand for social commerce that helps individuals connect through two-way communications, which, in turn, also positively influences the global market. Additionally, the growing usage of social media applications, such as Instagram, Facebook, YouTube, etc., due to the sudden onset of the COVID-19 pandemic, acts as another significant growth factor. Additionally, many cutting-edge technologies including Artificial Intelligence (AI), Big Data, Blockchain, etc. that help improve the shopping experience of customers are expected to fuel the social commerce market over the course of the forecast period.

Key Players Included in Global Social Commerce Market Research Report:

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

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Overview of the impact of COVID-19:

We regularly monitor the direct effect of COVID-19[feminine] in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Key Market Segmentation:

Breakdown by Business Model:

  • Business to consumer (B2C)
  • Business to business (B2B)
  • Consumer to consumer (C2C)

Breakdown by device type:

  • Laptops and PCs
  • mobiles
  • Others

Breakdown by product type:

  • Personal and beauty care
  • Clothes
  • Accessories
  • Home Products
  • Health supplements
  • Food and drinks
  • Others

Breakdown by region:

  • North America (USA, Canada)
  • Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

Main highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Impact of COVID-19 on the market
  • Porter’s Five Forces Analysis
  • Historical, current and future market trends
  • Market drivers and success factors
  • SWOT analysis
  • Market structure
  • Value chain analysis
  • Complete mapping of the competitive landscape

Table of Contents of Social Commerce Market Research Report:

  • Preface
  • Scope and methodology
  • Summary
  • Introduction
  • Global Social Commerce Market
  • SWOT analysis
  • Value chain analysis
  • Price analysis
  • Competitive landscape

Note: If you need specific information that is not currently covered by the report, we can provide it to you as part of the customization.

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About Us

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

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