Explosive Growth Anticipated: South Africa’s Social Commerce Market Projected to Reach $9.86 Billion by 2028

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Dublin, Sept. 13, 2023 (GLOBE NEWSWIRE) — The “South Africa 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 – Q2 2023 Update” report has been added to ResearchAndMarkets.com’s offering.

South Africa’s social commerce industry is poised for remarkable growth, with expectations of a 60.6% annual increase, reaching a staggering US$1.40 billion by 2023.

The sector’s upward trajectory is predicted to continue steadily, with a compound annual growth rate (CAGR) of 47.6% between 2023 and 2028, ultimately reaching an estimated US$9.86 billion.

This comprehensive report provides an in-depth, data-centric analysis of South Africa’s social commerce landscape, addressing market opportunities and potential risks. It boasts over 50 key performance indicators (KPIs) tailored to the South African market, offering invaluable insights into market dynamics, size, forecasts, and market share statistics.

The report’s research methodology adheres to industry best practices, employing an unbiased analysis approach bolstered by a proprietary analytics platform. This combination provides a detailed overview of emerging business and investment opportunities within the sector.

Scope

Key market segments covered in this report include:

  1. South Africa Ecommerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2019-2028
  2. South Africa Social Commerce Industry Market Size and Future Growth Dynamics by Key Performance Indicators, 2019-2028
  3. South Africa Social Commerce Industry Market Size and Forecast by Retail Product Categories, 2019-2028
    • Clothing & Footwear
    • Beauty and Personal Care
    • Food & Grocery
    • Appliances and Electronics
    • Home Improvement
    • Travel
    • Hospitality
  4. South Africa Social Commerce Industry Market Size and Forecast by End Use Segment, 2019-2028
  5. South Africa Social Commerce Industry Market Size and Forecast by End Use Device, 2019-2028
  6. South Africa Social Commerce Industry Market Size and Forecast by Location, 2019-2028
  7. South Africa Social Commerce Industry Market Size and Forecast by Location, 2019-2028
    • Tier-1 Cities
    • Tier-2 Cities
    • Tier-3 Cities
  8. South Africa Social Commerce Industry Market Size and Forecast by Payment Method, 2019-2028
    • Credit Card
    • Debit Card
    • Bank Transfer
    • Prepaid Card
    • Digital & Mobile Wallet
    • Other Digital Payment
    • Cash
  9. South Africa Social Commerce Industry Market Size and Forecast by Platforms
    • Video Commerce
    • Social Network-Led Commerce
    • Social Reselling
    • Group Buying
    • Product Review Platforms
  10. South Africa Social Commerce Industry Market Size and Forecast by Consumer Demographics & Behaviour, 2022
    • By Age
    • By Income Level
    • By Gender

Reasons to Buy

  • In-depth Understanding of Social Commerce Market Dynamics: Gain insights into market opportunities, key trends, and forecasts from 2019 to 2028.
  • Insights into Opportunity by End-Use Sectors: Assess emerging opportunities within various end-use sectors and understand their market dynamics.
  • Develop Market-Specific Strategies: Identify growth segments and formulate social commerce strategies based on market-specific key trends, drivers, and risks.

For more information about this report visit https://www.researchandmarkets.com/r/ghv8n5

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