eMarketer predicts: US social e-commerce will reach 79.64 billion US dollars in 2025!

eMarketer predicts: US social e-commerce will reach 79.64 billion US dollars in 2025!

It is learned that social e-commerce is currently a multi-billion dollar industry in the United States. According to eMarketer data, sales in the US market were $26.97 billion in 2020. This figure is expected to more than double to $56.17 billion by 2023. By 2025, social e-commerce will become a $79.64 billion industry in the United States.

Data shows that social e-commerce is most popular among Generation Z: more than half of American social media users aged 18 to 24 shop through social channels.

 

In the United States, millennials are most likely to use social media networks as an important source of information for shopping decisions. In addition, social e-commerce shopping is also popular in China and Russia, where 51.5% and 49.5% of social network users, respectively, have purchased through social channels.

Editor✎ Irene/

Statement: This article is copyrighted and may not be reproduced without permission.

<<:  Amazon's retail sales surpassed Walmart for the first time! Sales reached $610 billion in the past year!

>>:  According to Smartly.io survey: 85% of American consumers attach importance to data privacy!

Recommend

What is WinPay? WinPay Review

Foreign trade payment service provider, internatio...

What is K5 Warehousing Software? K5 Warehousing Software Review

K5 Warehousing Software is a product of Shenzhen Y...

What is IOT Pay? IOT Pay Review

IOT Pay is a North American payment technology com...

What is Prosper Show? Prosper Show Review

Prosper Show is the largest Amazon seller conferen...

What is Amazon Merchant Manager? Amazon Merchant Manager Review

Amazon Business Manager is a professional position...

What is Key for Garage? Key for Garage Review

On April 23, 2019, Amazon announced that it would ...

What is a Double Irish and Dutch Sandwich? Double Irish and Dutch Sandwich Review

The Double Irish with Dutch sandwich is a tax avoi...

What is fanzle? fanzle review

fanzle.com can batch generate product links contai...