E-commerce Market
The global e-commerce market size was USD 14.40 Trillion in 2022 and is expected to register a revenue CAGR of 14.0% during the forecast period, according to the latest analysis by Emergen Research. Rising availability of the Internet and increasing adoption of smartphones are major factors driving the market revenue growth. E-commerce encompasses all actions involving purchase or sale of products and services over the Internet. Individuals can buy everything from apparel to sports equipment to software solutions and other services. Customers save time when shopping for what they want and can choose any product or service they desire from anywhere through e-commerce sites which is driving the market revenue growth.
Growing technological advancements is a major factor driving the market revenue growth. For instance, on 6 September 2023, Open Network for Digital Commerce (ONDC) and Google Cloud announced a partnership to use generative Artificial Intelligence (AI) to promote e-commerce in India. ONDC and Google Cloud launched a new India-wide hackathon and an extension of their existing ONDC program to foster scaled innovation across the e-commerce industry in India. The event also intends to build an open ecosystem of developers, students, and companies working inside the ONDC framework to innovate.
Click To get SAMPLE PDF (Including Full TOC, Graphs & Charts, Table & Figures)@ https://www.emergenresearch.com/request-sample/2521
Report Objective:
The report offers a complete analysis of the global E-commerce market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations.
Amazon.com, Inc., Alibaba.com, eBay Inc., Walmart, Ebates Performance Marketing Inc., ASOS, Etsy, Inc., Flipkart.com, Pinduoduo, Mercado Libre, Wayfair LLC, BedBathAndBeyond.com, Inc, noon, Lazada, Newegg Inc., Target Brands, Inc., Clues Network Pvt. Ltd, Snapdeal Limited, BOOHOO, Net-a-Porter.
Some Key Highlights From the Report
Business to Consumer (B2C) segment accounted for a significantly large revenue share in 2022. The majority of enterprises are B2C, including brick-and-mortar stores, online merchants, restaurants, and others which in turn is driving revenue growth of this segment. For instance, a company that sells software to other companies can create a consumer-facing app that makes use of that product. Business-to-consumer transactions can take place at any time of day or night in the context of online commerce. Direct-to-consumer firms frequently provide their items at a discount to customers since they do not have to pay commissions to any middlemen which is also contributing to revenue growth of this segment. One of the advantages of B2C business model is that it allows enterprises to access a larger number of customers which results in improved sales and revenue.
The mobile segment accounted for a significantly large revenue share in 2022. Rising demand for online shopping through mobile among individuals since mobile shoppers enjoy quicker and simpler access to the latest information owing to push alerts that highlight the discounts and new product releases is a major factor driving revenue growth of this segment. Moreover, Omni channel approach broadens the options for marketing materials and increases interaction via a variety of channels, including SMS, mobile apps, social media platforms, and emails. Mobile devices are portable, as a result, it allows customers to shop whenever and wherever they want.
Get a Discount On The Purchase Of This Report @ https://www.emergenresearch.com/request-discount/2521
Emergen Research has segmented the global e-commerce market on the basis of business model, product categories, purchase frequency, shopping device, payment methods, distribution channel, technological advancements, and region:
Business Model Outlook (Revenue, USD Trillion; 2019-2032)
B2C (Business to Consumer)
B2B (Business to Business)
C2C (Consumer to Consumer)
C2B (Consumer to Business)
G2C (Government to Consumer)
Product Categories Outlook (Revenue, USD Trillion; 2019-2032)
Apparel and Fashion
Electronics and Appliances
Health and Beauty
Home and Furniture
Automotive
Books and Media
Food and Grocery
Toys and Games
Sports and Outdoors
Jewelry and Accessories
Industrial and Machinery
Art and Collectibles
Purchase Frequency Outlook (Revenue, USD Trillion; 2019-2032)
Regular Shoppers
Occasional Shoppers
Seasonal Shoppers
Shopping Device Outlook (Revenue, USD Trillion; 2019-2032)
Desktop/Laptop
Mobile
Tablet
Payment Methods Outlook (Revenue, USD Trillion; 2019-2032)
Credit/Debit Card
Digital Wallets
Cryptocurrencies
Buy Now, Pay Later (BNPL)
Distribution Channel Outlook (Revenue, USD Trillion; 2019-2032)
Website
Mobile Apps
Social Media
Others
Technological Advancements Outlook (Revenue, USD Trillion; 2019-2032)
Pure Play E-commerce
Omni-Channel Strategy
Regional Outlook (Revenue, USD Trillion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/e-commerce-market
Key point summary of the report:
The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.
Click here to Get customization@ https://www.emergenresearch.com/request-for-customization/2521
Look Over transcripts provided by Emergen Research
E-commerce Market Size@ https://www.emergenresearch.com/industry-report/e-commerce-market/market-size
E-commerce Market Share@ https://www.emergenresearch.com/industry-report/e-commerce-market/market-share
E-commerce Market Trends@ https://www.emergenresearch.com/industry-report/e-commerce-market/market-trends
E-commerce Regional Market Demand@ https://www.emergenresearch.com/industry-report/e-commerce-market/regional-market-demand
E-commerce Market Analysis@ https://www.emergenresearch.com/industry-report/e-commerce-market/market-analysis
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: http://www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
This release was published on openPR.
