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Global Social Commerce Market to Grow Exponentially by 2021 according to new research report

Big Market Research added a report on “Global Social Commerce Market 2017-2021” Technavio’s analysts forecast the global social commerce market to grow at a CAGR of 33.91% during the period 2017-2021.

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About Social Commerce

Social commerce market refers to the buying and selling activities through social media. Social media platforms enable purchase and include highly-curated e-commerce websites. Traditional in-store retailing is popular across the world. However, social commerce has gained considerable traction in the last few years.

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The global social commerce market is competitive and puts high barriers for new entrants.

Technavio’s analysts forecast the global social commerce market to grow at a CAGR of 33.91% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global social commerce market for 2017-2021. To calculate the market size, the report considers sales through desktops, mobiles, and other electronic devices.

Report: goo.gl/s3GhJb

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Social Commerce Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Report: goo.gl/QqXKkm

Key vendors

Facebook

Pinterest

Tencent

Twitter

Weibo

Other prominent vendors

Alibaba

Etsy

Qwiqq

Qzone

Reddit

Renren

Tumblr

Yahoo!

Market driver

Increasing use of social media advertising

For a full, detailed list, view our report

Market challenge

Efforts required for customer engagement and retention

For a full, detailed list, view our report

Market trend

Technological advances in social media

For a full, detailed list, view our report

 

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