Social Commerce Market Size Worth $1948.5 billion by 2026 - KBV Research

The Global Social Commerce Market size is expected to reach $1948.5 billion by 2026, rising at a market growth of 29.4% CAGR during the forecast period. Social commerce basically uses social networking websites for promoting and selling services and products. It gives an option to buy products through any of the social media platforms. The COVID-19 pandemic led many countries to impose necessary and strict lockdown measures. Due to this, the market saw a slight slump in 2020. The first few months of 2020 were under partial and after that complete shut-down worldwide.

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