The Latest Released SocialFi market study has evaluated the future growth potential of SocialFi market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the SocialFi market. The study includes market share analysis and profiles of players such as Torum (Malaysia), Thrive Internet Marketing Agency (United States), Onlypult.com (Russia), LYFE Marketing (United States), Mainstreethost (United States), Ignite Social Media (United States), Sociallyin – Social Media Agency (United States), Firebelly Marketing (United States), Disruptive Advertising (United States), WebFX (United States).
If you are a SocialFi manufacturer and would like to check or understand the policy and regulatory proposals, designing clear explanations of the stakes, potential winners and losers, and options for improvement then this article will help you understand the pattern with Impacting Trends.
Definition:
SocialFi is a fusion of social, web3.0 and finance that provides rewards and benefits to users by tokenizing social influence. SocialFi ecosystem is integrated with an NFT marketplace, a yield farming platform, and Metaverse Avatars which are powered by their token XTM. It is a new way to monetize and enables friends to connect and learn more about the crypto space.
Market Trends:
• Increased Transparency and the Elimination of Middlemen
• Rising Need for Sustainability and Social Responsibility
Market Drivers:
• Increasing Awareness of SocialFi among Investors, Development Finance Institutions, Intermediaries and Onnovators
Market Opportunities:
• Growing Acceptance and Implementation of SocialFi among Enterprises
Revenue and Sales Estimation – Historical Revenue and sales volume are presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well-recognized Types and end-use industry.
SWOT Analysis on SocialFi Players
In addition to Market Share analysis of players, in-depth profiling, product/service, and business overview, the study also concentrates on BCG matrix, heat map analysis, FPNV positioning along with SWOT analysis to better correlate market competitiveness.
Demand from top-notch companies and government agencies is expected to rise as they seek more information on the latest scenario. Check the Demand Determinants section for more information.
Regulation Analysis
• Local System and Other Regulation: Regional variations in Laws for the use of SocialFi
• Regulation and its Implications
• Other Compliances
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
Heat map Analysis, 3-Year Financial and Detailed Company Profiles of Key & Emerging Players: Torum (Malaysia), Thrive Internet Marketing Agency (United States), Onlypult.com (Russia), LYFE Marketing (United States), Mainstreethost (United States), Ignite Social Media (United States), Sociallyin – Social Media Agency (United States), Firebelly Marketing (United States), Disruptive Advertising (United States), WebFX (United States).
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
