How big is the Social Commerce Market?

The Social Commerce Market size is expected to reach USD 1.18 trillion in 2024 and grow at a CAGR of 28.53% to reach USD 4.14 trillion by 2029. Read More

What is the current Social Commerce Market size?

In 2024, the Social Commerce Market size is expected to reach USD 1.18 trillion. Read More

Who are the key players in Social Commerce Market?

Instagram, Facebook, YouTube, TikTok and Pinterest are the major companies operating in the Social Commerce Market. Read More

Which is the fastest growing region in Social Commerce Market?

North America and Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Social Commerce Market?

In 2024, the Asia Pacific accounts for the largest market share in Social Commerce Market. Read More

What years does this Social Commerce Market cover, and what was the market size in 2023?

In 2023, the Social Commerce Market size was estimated at USD 0.84 trillion. The report covers the Social Commerce Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Social Commerce Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Social Commerce Market Size & Share Analysis - Industry Research Report

Social Commerce Market Size & Share Analysis - Growth Trends & Forecasts (2024-2029)

The Social Commerce Market Report is Segmented by Business Model (Business To Consumer (B2C), Business To Business (B2B), and Consumer To Consumer (C2C)), Product Type (Personal and Beauty Care, Apparel, Accessories, Home Products, Health Supplements, Food and Beverages, and Other Product Types), Sales Channel (Video Commerce, Social Network-Led Commerce, Social Reselling, Group Buying, and Product Review Platforms), and Geography (North America, Europe, Asia-Pacific, South America, and the Middle East & Africa). The Report Offers the Market Size for the Social Commerce Market in Value Terms in USD for all the Abovementioned Segments.

Social Commerce Industry Overview

Companies in the highly competitive and fragmented social commerce market are concentrating on strengthening their relationships with retail stores and distribution networks to expand their consumer base. Leading companies constantly invest in R&D to create new products and technology to stay competitive. Some top players in the market include Instagram, Facebook, YouTube, TikTok, and Pinterest.