Saudi Arabia Social Commerce Intelligence Report 2024: Market to Grow by Over 30% to Reach $1.71 Billion this Year - Future Growth Dynamics to 2029 Featuring Tajer and Fordeal - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--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.

According to the publisher, 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

• Facebook
• Instagram
• Tajer
• Fordeal

Saudi Arabia Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2020-2029

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

• B2B
• B2C
• C2C

Saudi Arabia Social Commerce Industry Market Size and Forecast by End Use Device, 2020-2029

• Mobile
• Desktop

Saudi Arabia Social Commerce Industry Market Size and Forecast by Location, 2020-2029

• Domestic
• Cross Border

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/8w8371

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