Global social commerce market to reach $1.48 trillion by 2030, report

The global social commerce market is expected to grow by 11.8% on annual basis to reach $924.47 billion in 2025. Global social commerce market experienced robust growth during 2021-2024, achieving a Compound Annual Growth Rate of 15.2%. This is according to a report by Research and Markets.

This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 10.0% during 2025-2030. By the end of 2030, the social commerce sector is projected to expand from its 2024 value of $826.78 billion to approximately $1.48 trillion.

The report provides a detailed data-centric analysis of the social commerce sector across key global markets, covering market opportunities and risks across a range of retail categories. With over 50+ KPIs at the regional and country level, this report provides a comprehensive understanding of social commerce market dynamics, market size and forecast, and market share statistics.

Social commerce rapidly evolves through live shopping, marketplace integration, and payment innovation trends. Regional developments in consumer behavior, digital infrastructure, and regulatory landscapes shape these trends. Over the next 2-4 years, social commerce is expected to grow in influence across both developed and emerging markets, with platforms enhancing user experiences through localized features and strategic partnerships. This evolution will create new opportunities and challenges for businesses operating globally.

The global social commerce landscape is witnessing heightened competition driven by technological advancements, regulatory changes, and the entry of new players. Over the next 2-4 years, strategic partnerships, regional market expansions, and ongoing innovation will reshape the sector's competitive dynamics.

Organizations that effectively respond to changing consumer preferences and evolving regulatory landscapes are poised to become leaders within the rapidly growing global social commerce ecosystem.

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