TL;DR
The social commerce industry in Switzerland is expected to grow by 23.8% annually to reach $3.02 billion in 2024. The industry will maintain steady growth over the forecast period, recording a compound annual growth rate of 19.7% during 2024-2029.
A new report has been added to ResearchAndMarkets.com’s offering, entitled “Switzerland Social Commerce Market Intelligence and Future Growth Dynamics Databook.” The report forecasts that the social commerce industry in Switzerland will grow by 23.8% annually to reach $3.02 billion in 2024. The industry is expected to maintain steady growth over the forecast period, recording a compound annual growth rate of 19.7% during 2024-2029. The gross merchandise value (GMV) of social commerce in the country will increase from $2.44 billion in 2023 to $7.43 billion by 2029.
The report provides a detailed data-centric analysis of the social commerce industry, covering market opportunities and risks. It includes over 50 key performance indicators (KPIs) at the country level, providing a comprehensive understanding of social commerce market dynamics, market size and forecast, as well as market share statistics. The research methodology is based on industry best practices, and its unbiased analysis leverages a proprietary analytics platform to offer a detailed view of emerging business and investment market opportunities.
The report outlines reasons to buy, such as an in-depth understanding of social commerce market dynamics, insights into opportunities by end-use sectors, and the ability to develop market-specific strategies. It covers key players in the Switzerland e-commerce industry, including Facebook, Instagram, YouTube, ImmoScout24, and several others. The report also provides market size and forecast data on retail product categories, end-use consumer segments, device usage, location, payment methods, platforms, and consumer demographics and behaviors.
In this story
This story was originally published in Franchise Magazine USA on February 17, 2024. Burnaze summarizes and links to the original reporting.
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