B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
55%
55% -- social commerce market growth rate for Singapore social commerce (2023)
The social commerce industry in Singapore is expected to grow by 55% in 2023.
- Expected/forecasted growth
Attribution:
View source
Lighthouse Research Team
Last verified:
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Source verified
Evidence graded
Value
55%
Unit
Percentage
Data Vintage
2023
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
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
ResearchAndMarkets
Primary
Tier C
https://apacsearchawards.com/2023/05/22/5-trends-driving-change-in-marketing-across-apac/ ↗
Source Article
5 Trends Driving Change in Marketing Across APAC
Original Research
ResearchAndMarkets
· Original study ↗
Methodology
Cited from ResearchAndMarkets Singapore social commerce market report
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
Singapore social commerce: 55% social commerce market growth rate. Source: ResearchAndMarkets (2023). Via Lighthouse Intelligence -- https://lighthousedata.io/data/singapore-social-commerce-growth-2023
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<blockquote cite="https://lighthousedata.io/data/singapore-social-commerce-growth-2023" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>55%</strong> -- social commerce market growth rate for Singapore social commerce<br><small>Source: ResearchAndMarkets (2023) · <a href="https://lighthousedata.io/data/singapore-social-commerce-growth-2023" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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