Worldwide Social Commerce Industry to 2026 - Players Include PayPal Holdings, Twitter & Microsoft Among Others - ResearchAndMarkets.com

The "Global Social Commerce Market By Business Model, By Product Type, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

The Global Social Commerce Market size is expected to reach $1948.5 billion by 2026, rising at a market growth of 29.4% CAGR during the forecast period.

Social commerce basically uses social networking websites for promoting and selling services and products. It gives an option to buy products through any of the social media platforms.

The increasing demand for social commerce is expected to gain attraction due to the convenience in shopping and increased usage of smartphones, and social media are a few factors contributing towards its market growth. Quite a lot of e-commerce vendors publicize their products on their social media platforms to reach out to a well-built customer base. These platforms help these e-commerce firms target new clients through interesting posts related to products. As users also share these posts, it then helps them to reach new customers. Consequently, social commerce is gradually gaining traction, a trend likely to continue over the upcoming period.

The COVID-19 pandemic led many countries to impose necessary and strict lockdown measures. Due to this, the market saw a slight slump in 2020. The first few months of 2020 were under partial and after that complete shut-down worldwide. As a consequence of this shutdown, quite a few manufacturing supply chain and plant operations came to an abrupt halt, and thus the market witnessed a slight decline. Though companies have resumed operations, the market is likely to register moderate sales in the year. The market started to rebound around Q4 2020, a trend likely to continue through 2021.

Although e-commerce and social networking have been existed for so long, there exists a growing need for reformation of the two. The unification of these industries has taken the market by storm and is likely to impact the industry greatly, in the upcoming years. Though both these markets are in their early maturation phases; the blend of these solutions is bound to drive their growth. While social media is thoroughly growing beyond advertisements; social commerce is on the edge of expanding beyond a substitute mechanism for payments.

Companies Profiled

• PayPal Holdings, Inc. (eBay)
• Twitter, Inc.
• Microsoft Corporation (LinkedIn Corporation)
• Alibaba Group Holdings Limited (Taobao)
• Sina Corporation
• Pinterest, Inc.
• Etsy, Inc.
• Reddit, Inc. (Advance Publications, Inc.)
• Poshmark, Inc.

Unique Offerings from the Publisher

• Exhaustive coverage
• Highest number of market tables and figures
• Subscription based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free

Key Topics Covered:

Chapter 1. Market Scope & Methodology

1.1 Market Definition

1.2 Objectives

1.3 Market Scope

1.4 Segmentation

1.4.1 Global Social Commerce Market, by Business Model

1.4.2 Global Social Commerce Market, by Product Type

1.4.3 Global Social Commerce Market, by Geography

1.5 Methodology for the research

Chapter 2. Market Overview

2.1 Introduction

2.1.1 Overview

2.1.2 Market Composition and Scenario

2.2 Key Factors Impacting the Market

2.2.1 Market Drivers

2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global

3.1 Cardinal Matrix

3.2 Recent Industry Wide Strategic Developments

3.2.1 Partnerships, Collaborations and Agreements

3.2.2 Product Launches and Product Expansions

3.2.3 Geographical Expansions

3.2.4 Acquisition and Mergers

3.3 Top Winning Strategies

3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)

3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Jul - 2020, Oct) Leading Players

Chapter 4. Global Social Commerce Market by Business Model

4.1 Global Business to Consumer (B2C) Social Commerce Market by Region

4.2 Global Business to Business (B2B) Social Commerce Market by Region

4.3 Global Consumer to Consumer (C2C) Social Commerce Market by Region

Chapter 5. Global Social Commerce Market by Product Type

5.1 Global Apparel Social Commerce Market by Region

5.2 Global Personal & Beauty Care Social Commerce Market by Region

5.3 Global Home Products Social Commerce Market by Region

5.4 Global Accessories Social Commerce Market by Region

5.5 Global Food & Beverages Social Commerce Market by Region

5.6 Global Health Supplements & Others Social Commerce Market by Region

Chapter 6. Global Social Commerce Market by Region

6.1 North America Social Commerce Market

6.2 Europe Social Commerce Market

6.3 Asia Pacific Social Commerce Market

6.4 LAMEA Social Commerce Market

Chapter 7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/37zxkq

View source version on businesswire.com: https://www.businesswire.com/news/home/20210217005510/en/