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Advance
Alibaba Group Holding Ltd.
Automattic Inc.
Charlton Media Group
Etsy Inc.
iQIYI Inc.
Meta Platforms Inc.
One97 Communications Ltd.
PayPal Holdings Inc.
Renren Inc.
Shopify Inc.
SINA Corp.
Tencent Holdings Ltd.
X Corp.
Verizon Communications Inc.
Á¦16Àå ºÎ·Ï
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The social commerce market is forecasted to grow by USD 1474.8 billion during 2024-2029, accelerating at a CAGR of 15.3% during the forecast period. The report on the social commerce market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by personalized shopping experience and diverse product portfolios on social commerce platforms, increasing use of social media advertising, and rising number of mobile internet users.
Market Scope
Base Year 2025
End Year 2029
Series Year 2025-2029
Growth Momentum Accelerate
YOY 2025 18.8%
CAGR 15.3%
Incremental Value $1474.8 bn
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's social commerce market is segmented as below:
By Device
Laptops and PCs
Mobiles
Tablets
Others
By Business Segment
Business to consumer
Business to business
Consumer to consumer
By Product Type
Fashion and apparel
Beauty and personal care
Electronics and gadgets
Home decor and furniture
Others
By Geographical Landscape
APAC
North America
Europe
South America
Middle East and Africa
This study identifies the technological advances in social media as one of the prime reasons driving the social commerce market growth during the next few years. Also, increased adoption of RTB and emergence of cross-device marketing techniques will lead to sizable demand in the market.
The report on the social commerce market covers the following areas:
Social Commerce Market sizing
Social Commerce Market forecast
Social Commerce Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading social commerce market vendors that include Advance, Alibaba Group Holding Ltd., Automattic Inc., ByteDance Ltd., Charlton Media Group, Etsy Inc., Eventbrite Inc., Fashnear Technologies Pvt. Ltd., iQIYI Inc., Meta Platforms Inc., Microsoft Corp., One97 Communications Ltd., PayPal Holdings Inc., PDD Holdings, Renren Inc., Shopify Inc., SINA Corp., Tencent Holdings Ltd., X Corp., and Verizon Communications Inc.. Also, the social commerce market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Device
Executive Summary - Chart on Market Segmentation by Business Segment
Executive Summary - Chart on Market Segmentation by Product Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ billion)
Data Table on Global - Market size and forecast 2024-2029 ($ billion)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Social Commerce Market 2019 - 2023
Historic Market Size - Data Table on Global Social Commerce Market 2019 - 2023 ($ billion)
5.2 Device segment analysis 2019 - 2023
Historic Market Size - Device Segment 2019 - 2023 ($ billion)
5.3 Business segment analysis 2019 - 2023
Historic Market Size - Business Segment 2019 - 2023 ($ billion)
5.4 Product Type segment analysis 2019 - 2023
Historic Market Size - Product Type Segment 2019 - 2023 ($ billion)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
6.1 Impact of AI on Global Social Commerce Market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Device
8.1 Market segments
Chart on Device - Market share 2024-2029 (%)
Data Table on Device - Market share 2024-2029 (%)
8.2 Comparison by Device
Chart on Comparison by Device
Data Table on Comparison by Device
8.3 Laptops and PCs - Market size and forecast 2024-2029
Chart on Laptops and PCs - Market size and forecast 2024-2029 ($ billion)
Data Table on Laptops and PCs - Market size and forecast 2024-2029 ($ billion)
Chart on Laptops and PCs - Year-over-year growth 2024-2029 (%)
Data Table on Laptops and PCs - Year-over-year growth 2024-2029 (%)
8.4 Mobiles - Market size and forecast 2024-2029
Chart on Mobiles - Market size and forecast 2024-2029 ($ billion)
Data Table on Mobiles - Market size and forecast 2024-2029 ($ billion)
Chart on Mobiles - Year-over-year growth 2024-2029 (%)
Data Table on Mobiles - Year-over-year growth 2024-2029 (%)
8.5 Tablets - Market size and forecast 2024-2029
Chart on Tablets - Market size and forecast 2024-2029 ($ billion)
Data Table on Tablets - Market size and forecast 2024-2029 ($ billion)
Chart on Tablets - Year-over-year growth 2024-2029 (%)
Data Table on Tablets - Year-over-year growth 2024-2029 (%)
8.6 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ billion)
Data Table on Others - Market size and forecast 2024-2029 ($ billion)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
8.7 Market opportunity by Device
Market opportunity by Device ($ billion)
Data Table on Market opportunity by Device ($ billion)
9 Market Segmentation by Business Segment
9.1 Market segments
Chart on Market Segmentation by Business Segment - Market share 2024-2029 (%)
Data Table on Market Segmentation by Business Segment - Market share 2024-2029 (%)
9.2 Comparison by Business Segment
Chart on Comparison by Market Segmentation by Business Segment
Data Table on Comparison by Market Segmentation by Business Segment
9.3 Business to consumer - Market size and forecast 2024-2029
Chart on Business to consumer - Market size and forecast 2024-2029 ($ billion)
Data Table on Business to consumer - Market size and forecast 2024-2029 ($ billion)
Chart on Business to consumer - Year-over-year growth 2024-2029 (%)
Data Table on Business to consumer - Year-over-year growth 2024-2029 (%)
9.4 Business to business - Market size and forecast 2024-2029
Chart on Business to business - Market size and forecast 2024-2029 ($ billion)
Data Table on Business to business - Market size and forecast 2024-2029 ($ billion)
Chart on Business to business - Year-over-year growth 2024-2029 (%)
Data Table on Business to business - Year-over-year growth 2024-2029 (%)
9.5 Consumer to consumer - Market size and forecast 2024-2029
Chart on Consumer to consumer - Market size and forecast 2024-2029 ($ billion)
Data Table on Consumer to consumer - Market size and forecast 2024-2029 ($ billion)
Chart on Consumer to consumer - Year-over-year growth 2024-2029 (%)
Data Table on Consumer to consumer - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by Market Segmentation by Business Segment
Market opportunity by Market Segmentation by Business Segment ($ billion)
Data Table on Market opportunity by Market Segmentation by Business Segment ($ billion)
10 Market Segmentation by Product Type
10.1 Market segments
Chart on Product Type - Market share 2024-2029 (%)
Data Table on Product Type - Market share 2024-2029 (%)
10.2 Comparison by Product Type
Chart on Comparison by Product Type
Data Table on Comparison by Product Type
10.3 Fashion and apparel - Market size and forecast 2024-2029
Chart on Fashion and apparel - Market size and forecast 2024-2029 ($ billion)
Data Table on Fashion and apparel - Market size and forecast 2024-2029 ($ billion)
Chart on Fashion and apparel - Year-over-year growth 2024-2029 (%)
Data Table on Fashion and apparel - Year-over-year growth 2024-2029 (%)
10.4 Beauty and personal care - Market size and forecast 2024-2029
Chart on Beauty and personal care - Market size and forecast 2024-2029 ($ billion)
Data Table on Beauty and personal care - Market size and forecast 2024-2029 ($ billion)
Chart on Beauty and personal care - Year-over-year growth 2024-2029 (%)
Data Table on Beauty and personal care - Year-over-year growth 2024-2029 (%)
10.5 Electronics and gadgets - Market size and forecast 2024-2029
Chart on Electronics and gadgets - Market size and forecast 2024-2029 ($ billion)
Data Table on Electronics and gadgets - Market size and forecast 2024-2029 ($ billion)
Chart on Electronics and gadgets - Year-over-year growth 2024-2029 (%)
Data Table on Electronics and gadgets - Year-over-year growth 2024-2029 (%)
10.6 Home decor and furniture - Market size and forecast 2024-2029
Chart on Home decor and furniture - Market size and forecast 2024-2029 ($ billion)
Data Table on Home decor and furniture - Market size and forecast 2024-2029 ($ billion)
Chart on Home decor and furniture - Year-over-year growth 2024-2029 (%)
Data Table on Home decor and furniture - Year-over-year growth 2024-2029 (%)
10.7 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ billion)
Data Table on Others - Market size and forecast 2024-2029 ($ billion)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
10.8 Market opportunity by Product Type
Market opportunity by Product Type ($ billion)
Data Table on Market opportunity by Product Type ($ billion)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
12.3 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ billion)
Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.4 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ billion)
Data Table on North America - Market size and forecast 2024-2029 ($ billion)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
12.5 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ billion)
Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ billion)
Data Table on South America - Market size and forecast 2024-2029 ($ billion)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
12.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.8 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ billion)
Data Table on China - Market size and forecast 2024-2029 ($ billion)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
12.9 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ billion)
Data Table on India - Market size and forecast 2024-2029 ($ billion)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
12.10 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ billion)
Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.11 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ billion)
Data Table on US - Market size and forecast 2024-2029 ($ billion)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
12.12 South Korea - Market size and forecast 2024-2029
Chart on South Korea - Market size and forecast 2024-2029 ($ billion)
Data Table on South Korea - Market size and forecast 2024-2029 ($ billion)
Chart on South Korea - Year-over-year growth 2024-2029 (%)
Data Table on South Korea - Year-over-year growth 2024-2029 (%)
12.13 Australia - Market size and forecast 2024-2029
Chart on Australia - Market size and forecast 2024-2029 ($ billion)
Data Table on Australia - Market size and forecast 2024-2029 ($ billion)
Chart on Australia - Year-over-year growth 2024-2029 (%)
Data Table on Australia - Year-over-year growth 2024-2029 (%)
12.14 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ billion)
Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.15 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ billion)
Data Table on UK - Market size and forecast 2024-2029 ($ billion)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
12.16 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ billion)
Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.17 Brazil - Market size and forecast 2024-2029
Chart on Brazil - Market size and forecast 2024-2029 ($ billion)
Data Table on Brazil - Market size and forecast 2024-2029 ($ billion)
Chart on Brazil - Year-over-year growth 2024-2029 (%)
Data Table on Brazil - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Tables on Market opportunity By Geographical Landscape ($ billion)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
15.2 Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 Advance
Advance - Overview
Advance - Product / Service
Advance - Key news
Advance - Key offerings
SWOT
15.5 Alibaba Group Holding Ltd.
Alibaba Group Holding Ltd. - Overview
Alibaba Group Holding Ltd. - Business segments
Alibaba Group Holding Ltd. - Key news
Alibaba Group Holding Ltd. - Key offerings
Alibaba Group Holding Ltd. - Segment focus
SWOT
15.6 Automattic Inc.
Automattic Inc. - Overview
Automattic Inc. - Product / Service
Automattic Inc. - Key offerings
SWOT
15.7 Charlton Media Group
Charlton Media Group - Overview
Charlton Media Group - Product / Service
Charlton Media Group - Key offerings
SWOT
15.8 Etsy Inc.
Etsy Inc. - Overview
Etsy Inc. - Product / Service
Etsy Inc. - Key news
Etsy Inc. - Key offerings
SWOT
15.9 iQIYI Inc.
iQIYI Inc. - Overview
iQIYI Inc. - Product / Service
iQIYI Inc. - Key offerings
SWOT
15.10 Meta Platforms Inc.
Meta Platforms Inc. - Overview
Meta Platforms Inc. - Business segments
Meta Platforms Inc. - Key news
Meta Platforms Inc. - Key offerings
Meta Platforms Inc. - Segment focus
SWOT
15.11 One97 Communications Ltd.
One97 Communications Ltd. - Overview
One97 Communications Ltd. - Product / Service
One97 Communications Ltd. - Key offerings
SWOT
15.12 PayPal Holdings Inc.
PayPal Holdings Inc. - Overview
PayPal Holdings Inc. - Product / Service
PayPal Holdings Inc. - Key news
PayPal Holdings Inc. - Key offerings
SWOT
15.13 Renren Inc.
Renren Inc. - Overview
Renren Inc. - Business segments
Renren Inc. - Key news
Renren Inc. - Key offerings
Renren Inc. - Segment focus
SWOT
15.14 Shopify Inc.
Shopify Inc. - Overview
Shopify Inc. - Product / Service
Shopify Inc. - Key offerings
SWOT
15.15 SINA Corp.
SINA Corp. - Overview
SINA Corp. - Product / Service
SINA Corp. - Key offerings
SWOT
15.16 Tencent Holdings Ltd.
Tencent Holdings Ltd. - Overview
Tencent Holdings Ltd. - Business segments
Tencent Holdings Ltd. - Key news
Tencent Holdings Ltd. - Key offerings
Tencent Holdings Ltd. - Segment focus
SWOT
15.17 X Corp.
X Corp. - Overview
X Corp. - Product / Service
X Corp. - Key offerings
SWOT
15.18 Verizon Communications Inc.
Verizon Communications Inc. - Overview
Verizon Communications Inc. - Business segments
Verizon Communications Inc. - Key news
Verizon Communications Inc. - Key offerings
Verizon Communications Inc. - Segment focus
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
16.5 Data procurement
16.6 Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations