Social Commerce Global Market to Reach $8.5 Trillion by 2030: Artificial Intelligence Emerges to Revolutionize Digital & Social Commerce


Dublin, March 13, 2023 (GLOBE NEWSWIRE) -- The "Social Commerce: Global Strategic Business Report" report has been added to's offering.

The global market for Social Commerce estimated at US$992.4 Billion in the year 2022, is projected to reach a revised size of US$8.5 Trillion by 2030, growing at a CAGR of 30.7% over the analysis period 2022-2030.

B2C, one of the segments analyzed in the report, is projected to record a 31.9% CAGR and reach US$5.2 Trillion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the B2B segment is readjusted to a revised 29.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $66 Billion, While China is Forecast to Grow at 33.5% CAGR

The Social Commerce market in the U.S. is estimated at US$66 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.7 Trillion by the year 2030 trailing a CAGR of 33.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 23% and 24.2% respectively over the 2022-2030 period.

Within Europe, Germany is forecast to grow at approximately 25.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.1 Trillion by the year 2030.

Select Competitors (Total 123 Featured) -

  • Alibaba Group Holding Limited
  • eBay Inc.
  • Etsy, Inc.
  • Facebook, Inc.
  • IMS Internet Media Services, Inc.
  • iQIYI
  • LinkedIn Corporation
  • Meesho Inc.
  • PayPal Holdings, Inc.
  • Pinterest, Inc.
  • Poshmark, Inc.
  • Reddit Inc.
  • Renren Inc.
  • SINA Corporation
  • Tencent Holdings Ltd.
  • Tumblr, Inc.
  • Twitter, Inc.
  • Verizon Communications Inc.
  • Yahoo!, Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages442
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$992.4 Billion
Forecasted Market Value (USD) by 2030$8500 Billion
Compound Annual Growth Rate30.8%
Regions CoveredGlobal

Key Topics Covered:




  • Social Commerce - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • The Growing Role of Social Media in Marketing Opens the Pathway for Social Commerce
  • Social Media Platforms Are the Cheapest Among Advertising Platforms: Average Cost Incurred to Reach 2000 Audience (In US$) by Type of Advertising Medium As of the Year 2021
  • Social Media Marketing Gains Higher Grounds in the World of Digital Advertising: Social Network Ad Spending in the U.S. Presented as a % of Total Digital Ad Spending for the Years 2016, 2018, 2020 and 2022
  • The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed in 2021?
  • These are Times When Questions Abound & Answers Are Few
  • So How Fast Or Slow Are We Moving?
  • How Fast the World is Vaccinated Will Determine How Soon the Pandemic Will End: Global Percentage (%) of Population Administered With Vaccines in Advanced Economies, Emerging Markets, and Low-Income Countries As of July 2021
  • How & When Will the World Be Vaccinated? Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
  • Split Scenarios Unfold: The Great Vaccine Divide Emerges
  • Time is of Essence! What We Know So Far - "Vaccine Efficiency Against New Strains is Decreasing"
  • Progress on Vaccinations, Why Should Businesses Care?
  • With IMF's Upward Revision of Global GDP Forecasts for 2021, Most Companies Are Bullish About an Economic Comeback Despite a Continuing Pandemic
  • A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants, Comes as a Relief for Suffering Industries & Markets: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Easing Unemployment Levels in 2021 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2017, 2019, 2020, and 2022
  • Overview of Social Commerce, Its Benefits and Significance
  • Recent Market Activity
  • Innovations
  • World Brands



  • Internet Infrastructure, the Catalyst for Digitalizing Consumer Lifestyles Including Digital Social Presence
  • Households With Fiber Connectivity Are No Strangers to Social Media Networking: Global Market for Fiber-to-the-Home/Building (FTTH/B) (In US$ Million) for Years 2021, 2023, 2025, and 2027
  • Mobile Computing Devices Are a Ubiquitous Indicator of Modern Digital Life
  • Changing Consumer Mobile Usage Habits Beyond Just Voice Communication Encourage the Social Commerce Concept
  • Smartphones, Tablets & Laptops Enable Social Networking On the Move, Making Social Commerce More Pervasive, Omnipresent & Hard to Beat: Global Annual Sales of Smartphones, Tablets, Laptops & Desktop PCs (In Million Units) for Years 2010, 2015, 2020 and 2025
  • Spiraling Mobile Broadband Subscriptions Bode Well for Social Commerce
  • With Mobility On the Rise, Social Commerce is Set to Explode: Global Number of Mobile Subscribers (In Billion) for Years 2018 Through 2023
  • The Future of 5G is Unquestioned: 5G Contribution to GDP in Select Countries by 2030 (In US$ Billion)
  • As a Powerful Communication Medium, Here's Why Vendors & Advertisers Cannot Ignore Social Media
  • With a Powerful Global Presence & Reach, Social Media Platforms Are Vital for Brands to Ensure Consistent Audience Growth: Global Number of Social Media Users (In Billion) for Years 2017, 2019, 2021, 2023, 2025
  • This Is Why Vendors Should Care About Social Commerce: % of Social Media Users by Use Frequency as of the Year 2021
  • The Rise of e-Commerce Catalyzed by the Pandemic Shifts Growth Into High Gear in the Social Commerce Market
  • Global B2C E-Commerce Sales in US$ Trillion for the Years 2017, 2019, 2021 and 2023
  • Retail M-Commerce Sales as % of Retail E-commerce Sales Worldwide for the Years 2016, 2018, 2020 & 2022
  • Pandemic Fast Forwards eCommerce Growth
  • Vital Role of Social Commerce in an eCommerce Strategy
  • Artificial Intelligence Emerges to Revolutionize Digital & Social Commerce
  • Augmented Reality & Virtual Reality Emerge to Revolutionize Social Commerce
  • Blockchain Benefits in Social Media & Social Commerce
  • Security & Privacy Concerns & Legal Issues: The Biggest Challenges for Social Commerce




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Global Market for Social Commerce