B
Evidence Grade B
Graded
under review
Safe to Cite
Dated
30%
30% -- social commerce growth rate for Global social commerce market (2023)
Attribution:
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Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
30%
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
60
Independence
30
Methodology
35
Freshness
95
Source
Insider Intelligence
Primary
Tier C
https://www.ecomlogistics.ca/blogs/top-7-trends-and-predictions-for-the-holiday-season-2023/ ↗
Source Article
Unveiling the Future: Top 7 Holiday Season 2023 Trends and Predictions
It’s the most wonderful — and the most busy — time of the year!
According to Insider Intelligence, overall retail spending will increase 4.5% to $1.3 trillion for the 2023 holiday season, with e-commerce accounting for almost 20% of sales and contributing 48.5% of incremental spending gains despite …
Original Research
Insider Intelligence
· Original study ↗
Methodology
Reported as 'nearly 30%'; approximate growth forecast attributed to TikTok-driven social commerce
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
Global social commerce market: 30% social commerce growth rate. Source: Insider Intelligence (2023). Via Lighthouse Intelligence -- https://lighthousedata.io/data/social-commerce-growth-forecast-2023
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<blockquote cite="https://lighthousedata.io/data/social-commerce-growth-forecast-2023" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>30%</strong> -- social commerce growth rate for Global social commerce market<br><small>Source: Insider Intelligence (2023) · <a href="https://lighthousedata.io/data/social-commerce-growth-forecast-2023" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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