Dublin, April 05, 2024 (GLOBE NEWSWIRE) — The “Saudi Arabia Social Commerce Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics – Q1 2024 Update” report has been added to ResearchAndMarkets.com’s offering.
Social commerce industry in Saudi Arabia is expected to grow by 30.6% on annual basis to reach US$1.71 billion in 2024. The social commerce industry is expected to grow steadily over the forecast period, recording a CAGR of 24.6% during 2024-2029. The social commerce GMV in the country will increase from US$1.31 billion in 2023 to reach US$5.14 billion by 2029.
This report provides a detailed data centric analysis of social commerce industry, covering market opportunities and risks. With over 50+ KPIs at country level, this report provides a comprehensive understanding of social commerce market dynamics, market size and forecast, and market share statistics.
The research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities.
Reasons to buy
- In-depth Understanding of Social Commerce Market Dynamics: Understand market opportunities and key trends along with forecast (2020-2029).
- Insights into Opportunity by end-use sectors – Get market dynamics by end-use sectors to assess emerging opportunity across various end-use sectors.
- Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate social commerce strategy; assess market specific key trends, drivers, and risks in the industry.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 70 |
| Forecast Period | 2024 – 2029 |
| Estimated Market Value (USD) in 2024 | $1.7 Billion |
| Forecasted Market Value (USD) by 2029 | $5.1 Billion |
| Compound Annual Growth Rate | 24.6% |
| Regions Covered | Saudi Arabia |
Scope
Saudi Arabia Social Commerce Key Players
- Tajer
- Fordeal
Saudi Arabia Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2020-2029
Saudi Arabia Social Commerce Industry Market Size and Forecast by Retail Product Categories, 2020-2029
- Clothing & Footwear
- Beauty and Personal Care
- Food & Grocery
- Appliances and Electronics
- Home Improvement
- Travel
- Hospitality
Saudi Arabia Social Commerce Industry Market Size and Forecast by End Use Consumer Segment, 2020-2029
Saudi Arabia Social Commerce Industry Market Size and Forecast by End Use Device, 2020-2029
Saudi Arabia Social Commerce Industry Market Size and Forecast by Location, 2020-2029
Saudi Arabia Social Commerce Industry Market Size and Forecast by Location, 2020-2029
- Tier-1 Cities
- Tier-2 Cities
- Tier-3 Cities
Saudi Arabia Social Commerce Industry Market Size and Forecast by Payment Method, 2020-2029
- Credit Card
- Debit Card
- Bank Transfer
- Prepaid Card
- Digital & Mobile Wallet
- Other Digital Payment
- Cash
Saudi Arabia Social Commerce Industry Market Size and Forecast by Platforms
- Video Commerce
- Social Network-Led Commerce
- Social Reselling
- Group Buying
- Product Review Platforms
Saudi Arabia Social Commerce Industry Market Size and Forecast by Consumer Demographics & Behaviour,2023
- By Age
- By Income Level
- By Gender
For more information about this report visit https://www.researchandmarkets.com/r/y4zhk0
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- Saudi Arabian Social Commerce Market
