B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Aging
$4,000,000,000,000
$4,000,000,000,000 -- social commerce sales for Asia Pacific social commerce (2024 (forecast))
Social commerce sales in the Asia Pacific region are expected to surpass US$4 trillion by 2024.
- Forecast/projection figure
Attribution:
View source
Lighthouse Research Team
Last verified:
·
How we verify data →
Source verified
Evidence graded
Value
$4,000,000,000,000
Unit
Currency Usd
Data Vintage
2024 (forecast)
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
60
Independence
30
Methodology
45
Freshness
95
Source
Euromonitor International
Primary
Tier B
https://martechasia.net/features/social-media-ad-costs-continues-to-climb-up-in-se-asia/ ↗
Source Article
Social Media ad cost continues to climb up in SE Asia | MartechAsia
Ad spend on Facebook and Instagram in Southeast Asia reaches 36.4% YoY in Q3.
Brand investment in social media is growing faster than ever as social platforms become an essential part of consumers’ lives. Not only is ad spend up, but advertisers are gaining 3 times the engagement with Live video, an…
Original Research
Euromonitor International
· Original study ↗
Methodology
Euromonitor International forecast cited in article
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
Asia Pacific social commerce: $4,000,000,000,000 social commerce sales. Source: Euromonitor International (2024 (forecast)). Via Lighthouse Intelligence -- https://lighthousedata.io/data/apac-social-commerce-sales-2024
HTML Embed
<blockquote cite="https://lighthousedata.io/data/apac-social-commerce-sales-2024" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>$4,000,000,000,000</strong> -- social commerce sales for Asia Pacific social commerce<br><small>Source: Euromonitor International (2024 (forecast)) · <a href="https://lighthousedata.io/data/apac-social-commerce-sales-2024" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
Share
Related Statistics
Use this data in your work
Copy the citation, embed the widget, or explore thousands more verified marketing statistics -- all free.