What is Live Commerce Platform?
Live streaming platform is streaming marketplace where sellers can create their shopping channels host live streaming shows. It is mainly to offer direct selling to global audience. This platform are built around seller scalability. It revolutionize customer experience through product innovation and experience design. Sellers can create their shopping channels and host live streaming shows to sell directly to global audience. Growing e-commerce platform impacting on the market in a positive manner. Geographically, the Asia Pacific region is expected to grow with the highest market share over the forecast period followed By North America and Europe.
The market study is broken down by Type (Online Marketplaces, Live Auctions, Influencer Streaming, Live Events and Others), by Application (Apparel, Furniture & Home Decor, Consumer Electronics, Food & Beverage, Beauty &Personal Care and Others) and major geographies with country level break-up.
The market of Live Commerce Platform is expected to grow with rising online shopping and overall ecommerce industry across the globe. Increasing demand for Live Commerce Platform over traditional once driving the demand for the market. Several companies are operating in the market to provide Live Commerce Platform with various features. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Live Commerce Platform market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ShopShops (United States), YEAY (Germany), Popshop Live (United States), NTWRK (Sweden), TalkShop (Canada), Bolome (China), BulBul (India), Sim Sim (Singapore), Shop LIT Live (United States), LiveScale (Canada), LiveAuctioneers (United States), Pankhuri (India) and Channelize.io. (India) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Live Commerce Platform market by Type, Application and Region.
On the basis of geography, the market of Live Commerce Platform has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In July 2020, Reebok launched ‘Firth Peech”. It is digital platform which lets customers decide whether or not a sneaker design is produced. Company has kicked off First Pitch in the US to minimize waste. By only putting a shoe into production, if enough customers are willing to buy it.
- Introduction of High Tech Based Offering
- Increasing Expenditure of E-commerce Across Several Industrial Vertical
- Significant rise in Online Purchasing
- Growing Investments of Tech Based Leadings for Digital Offerings
- Huge Competition owing to Presence of Number of Players
Key Target AudienceLive Commerce Platform Manufacturers, Live Commerce Platform Providers, Raw material suppliers, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industries
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as ShopShops (United States), YEAY (Germany), Popshop Live (United States), NTWRK (Sweden), TalkShop (Canada), Bolome (China), BulBul (India), Sim Sim (Singapore), Shop LIT Live (United States), LiveScale (Canada), LiveAuctioneers (United States), Pankhuri (India) and Channelize.io. (India) etc.
2. Can we have customized study for Live Commerce Platform Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Live Commerce Platform Market by 2026?
Analysts at AMA estimates Live Commerce Platform Market to reach USD Million by 2026.