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As The Business Research Company reported in February 2022, the global social media market size was $159.68 billion in 2021 and is expected to reach $833.50 billion in 2026, growing at a CAGR of 39% during the forecast period of 2021 to 2026. The key contributors to the market’s growth include recovery from the COVID-19 pandemic and the increase in the use of smartphones and the internet, as reported by the source. According to the source, the sale of e-commerce goods on social media to drive re