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Showing posts with the label Social Commerce Market 2028

Social Commerce Market Size Is Expected To Reach USD 3,369.8 Billion By 2028

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  San Francisco, 28 Feb 2022:   The Report  Social Commerce Market  Size, Share & Trends Analysis Report By Business Model (B2C, B2B, C2C), By Product Type (Personal & Beauty Care, Apparel, Accessories), By Region, And Segment Forecasts, 2021 - 2028 The global social commerce market size is expected to reach USD 3,369.8 billion by 2028, according to a study conducted by Grand View Research, Inc. It is anticipated to expand at a CAGR of 28.4% from 2021 to 2028. Social commerce is the incorporation of social media and e-commerce, which is used for selling and promoting products and services. The market is primarily driven by the growing number of social media users, along with rising built-in e-commerce projects. For instance, in March 2019, Instagram launched a checkout feature, which allows users to complete the purchase process without having to leave the app. The rising adoption of social media platforms or shopping and information exchange is expected to fuel market growth.

Social Commerce Market Size Is Anticipated To Reach USD 16.07 Billion By 2028

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  San Francisco, 15 Sep 2021:   The Report  Social Commerce Market  Size, Share & Trends Analysis Report By Business Model (B2C, B2B, C2C), By Product Type (Apparel, Personal & Beauty Care, Accessories, Home Products), By Region, And Segment Forecasts, 2021 - 2028 The global social commerce market size is expected to reach USD 3,369.8 billion by 2028, according to a study conducted by Grand View Research, Inc. It is anticipated to expand at a CAGR of 28.4% from 2021 to 2028. Social commerce is the incorporation of social media and e-commerce, which is used for selling and promoting products and services. The market is primarily driven by the growing number of social media users, along with rising built-in e-commerce projects. For instance, in March 2019, Instagram launched a checkout feature, which allows users to complete the purchase process without having to leave the app. The rising adoption of social media platforms or shopping and information exchange is expected to fuel