19.3 C
New York

Taiwan Social Commerce Sector Projected to Reach US$6.47 Billion by 2029 as Detailed in Latest Market Intelligence Databook – ResearchAndMarkets.com


DUBLIN–(BUSINESS WIRE)–The “Taiwan 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.

The latest market intelligence databook focusing on Taiwan’s burgeoning social commerce industry presents a comprehensive analysis, revealing that the sector is expected to witness substantial growth. The industry’s Gross Merchandise Value (GMV) is forecasted to rise from US$1.81 billion in 2023 to an impressive US$6.47 billion by 2029, marking a notable surge in the digital marketplace landscape.

This databook provides an extensive overview of over 50 key performance indicators (KPIs) that chart the course of social commerce trends across various end-use sectors within Taiwan. Industry professionals and stakeholders can glean valuable insights into operational KPIs, retail product dynamics, consumer demographics, and more.

The report’s coverage spans a diverse array of vital segments within the social commerce ecosystem:

  • Taiwan Ecommerce Industry Market Size and Future Growth Dynamics
  • Social Commerce Industry Market Size and Forecast by Retail Product Categories
  • Social Commerce Industry Market Size and Forecast by End Use Consumer Segment
  • Social Commerce Industry Market Size and Forecast by End Use Device
  • Social Commerce Industry Market Size and Forecast by Platform
  • Consumer Demographics & Behaviour Analysis

Through detailed, data-centric research grounded in industry best practices, the databook provides an unbiased view of the industry, equipping businesses with information crucial for strategic planning and decision-making. An in-depth understanding of market dynamics, including key trends and forecasts, makes this report an indispensable tool for entities operating within Taiwan’s digital commerce arena.

Future Growth Dynamics & Market Opportunities

With the social commerce industry embodying a potent mix of retail and social media, its expected CAGR of 22.7% from 2024-2029 signifies the rapidly evolving consumer purchasing behaviors and technological integrations driving this market. Stakeholders can leverage the insights offered to hone in on lucrative growth segments, strategize market-specific approaches, and mitigate potential risks.

The comprehensive analysis stretches across numerous areas, from mobile and desktop platforms to payment methodologies, spotlighting the diverse avenues for market entry and expansion. In particular, segments like video commerce, social network-led commerce, and group buying are delineated for detailed scrutiny.

Positioned at the forefront of market intelligence, this databook is primed not just to outline current market statistics but also to deliver predictive insights for future market directions. It serves as a guidepost for businesses aiming to cement their presence and exploit the vast opportunities in Taiwan’s social commerce landscape.

Key Attributes:

Report Attribute Details
No. of Pages 70
Forecast Period 2024 – 2029
Estimated Market Value (USD) in 2024 $2.3 Billion
Forecasted Market Value (USD) by 2029 $6.5 Billion
Compound Annual Growth Rate 22.7%
Regions Covered Taiwan 

Companies Featured

  • Instagram
  • Kkday
  • koo.live
  • LinkBy

For more information about this report visit https://www.researchandmarkets.com/r/1wb4c3

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.



Laura Wood, Senior Press Manager


For E.S.T. Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Source link

The content is by Business Wire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.

Related articles

Recent articles