B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
40%
40% -- social commerce sales growth rate for US social commerce market (2021)
In 2021, US social commerce sales were expected to grow by almost 40% to reach $36.62 billion.
- Projected/expected rise described as 'almost 40%'
Attribution:
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Lighthouse Research Team
Last verified:
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Source verified
Evidence graded
Value
40%
Unit
Percentage
Data Vintage
2021
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
20
Independence
30
Methodology
45
Freshness
95
Source
firsttube.com
Primary
Tier B
https://firsttube.com/trends/what-we-can-learn-from-chinas-360-billion-social-commerce-industry/ ↗
Source Article
WHAT WE CAN LEARN FROM CHINA’S $360 BILLION SOCIAL COMMERCE INDUSTRY - First Tube
WHAT WE CAN LEARN FROM CHINA’S $360 BILLION SOCIAL COMMERCE INDUSTRY
Andrew Beranbom | 11.7.21
Over the last several years, social media has developed from relatively simple platforms for connecting users with other users to complex ecosystems that interact with numerous facets of life. The recognit…
Original Research
firsttube.com
· Original study ↗
Methodology
Projected 2021 growth rate; original forecast source not named.
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
US social commerce market: 40% social commerce sales growth rate. Source: firsttube.com (2021). Via Lighthouse Intelligence -- https://lighthousedata.io/data/us-social-commerce-sales-2021
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<blockquote cite="https://lighthousedata.io/data/us-social-commerce-sales-2021" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>40%</strong> -- social commerce sales growth rate for US social commerce market<br><small>Source: firsttube.com (2021) · <a href="https://lighthousedata.io/data/us-social-commerce-sales-2021" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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