Ecommerce Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Global Ecommerce Market, By Model (B2B, B2C), Order Placement Mode (Web Browser, Mobile App, Phone), and Region – COVID-19 Impact Analysis and Forecast to 2028

 

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Report

Description

Ecommerce Market size is valued at USD 11.73 trillion in 2021 and is expected to reach USD 21.27 trillion by 2028, at a CAGR of 14.5% during the forecast period 2022-2028. The action of purchasing and selling things over the internet or through online services is known as electronic commerce (e-commerce). The act of selling items and services directly to customers is known as retailing. To make a profit, it is done through a number of sales methods. Retail E-Commerce, on the other hand, refers to the online sale of goods and services. B2B (business-to-business) and B2C (business-to-consumer) sales of goods and services may be included. To capture Internet sales, companies must change their business strategies, which may entail the construction of distribution channels such as warehouses, websites, and product delivery centers. Effective distribution channels are crucial in retail e-commerce when they are the means via which the product is delivered to the customer. It comprises employing websites, applications, portals, and other platforms to digitise the entire shopping experience, including product browsing, comparison, selection, payment, and order placement. Food, footwear, clothing, personal care, and beauty items are among the commodities that are being purchased online rather than in brick-and-mortar stores because of the advantages of e-commerce. As individuals become more digitally adept and use the internet, convenience shopping is getting increasingly popular. With increased internet penetration in developing countries, the number of individuals using the internet to buy goods and services through E-commerce is on the rise. Customers can shop online from the convenience of their own homes using any device, such as a PC, tablet, or smartphone, to select, compare, buy, and have things and services delivered to any location they desire. The distance between the experience of buying in brick-and-mortar stores and purchasing on Ecommerce has narrowed thanks to the introduction of user-friendly applications and user interfaces. this report studies global Market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, The global Ecommerce Market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global Ecommerce Market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).

 

Recent Market Developments:

 

In September 2019, Alibaba Group Holding Limited acquired NetEase’s import e-commerce platform Kaola for approximately US$2 billion to gain a competitive edge in the e-commerce industry

In May 2018, Walmart entered inked an agreement to acquire 77% stake of Flipkart for $16 billion to expand its services in India

 

Ecommerce Market

MARKET SUMMARY
-
14.5%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 14.5%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– Europe

Ecommerce Market

  • The global Ecommerce Market report gives comprehensive outlook on Ecommerce Market across the globe with special emphasis on key regions such as Asia Pacific, North America, Europe, Latin America, and Middle East and Africa.
  • The report on global Ecommerce Market gives historical, current, and future market sizes (US$ Mn) on the basis of type, end-user and Region.
key players
  • The Kroger Co,
  • Walmart Inc,,
  • Alibaba Group Holding Ltd,
  • Coupang Corp,
  • Ebates Inc,
Ecommerce Market

DRIVERS AND RESTRAINTS

The global Retail E-Commerce Market is being driven by the convenience of purchasing everyday essentials and luxury items from the comfort of one’s own home, growing smartphone usage, increasing internet penetration, and rising income levels. Furthermore, the worldwide Retail E-Commerce Market will be fueled by expanding reach, the availability of multiple choices, lower pricing compared to physical stores, and technology-enabled online trials of clothing and accessories. It has raised the need for e-commerce retail purchases of food, apparel, and footwear. Furthermore, the rising need for improved customer experiences using speech recognition is expected to propel the worldwide Retail E-Commerce Market forward over the forecast period. Voice orders offer superior search results, therefore customers are increasingly using smart speakers to do online orders.


Asia Pacific got significant share

Ecommerce Market

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Ecommerce Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content


Report

Company Profile

  • The Kroger Co,
  • Walmart Inc,,
  • Alibaba Group Holding Ltd,
  • Coupang Corp,
  • Ebates Inc,
  • dba Rakuten,
  • Amazon,com Inc.

Description

Ecommerce Market size is valued at USD 11.73 trillion in 2021 and is expected to reach USD 21.27 trillion by 2028, at a CAGR of 14.5% during the forecast period 2022-2028. The action of purchasing and selling things over the internet or through online services is known as electronic commerce (e-commerce). The act of selling items and services directly to customers is known as retailing. To make a profit, it is done through a number of sales methods. Retail E-Commerce, on the other hand, refers to the online sale of goods and services. B2B (business-to-business) and B2C (business-to-consumer) sales of goods and services may be included. To capture Internet sales, companies must change their business strategies, which may entail the construction of distribution channels such as warehouses, websites, and product delivery centers. Effective distribution channels are crucial in retail e-commerce when they are the means via which the product is delivered to the customer. It comprises employing websites, applications, portals, and other platforms to digitise the entire shopping experience, including product browsing, comparison, selection, payment, and order placement. Food, footwear, clothing, personal care, and beauty items are among the commodities that are being purchased online rather than in brick-and-mortar stores because of the advantages of e-commerce. As individuals become more digitally adept and use the internet, convenience shopping is getting increasingly popular. With increased internet penetration in developing countries, the number of individuals using the internet to buy goods and services through E-commerce is on the rise. Customers can shop online from the convenience of their own homes using any device, such as a PC, tablet, or smartphone, to select, compare, buy, and have things and services delivered to any location they desire. The distance between the experience of buying in brick-and-mortar stores and purchasing on Ecommerce has narrowed thanks to the introduction of user-friendly applications and user interfaces. this report studies global Market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, The global Ecommerce Market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global Ecommerce Market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).

 

Recent Market Developments:

 

In September 2019, Alibaba Group Holding Limited acquired NetEase’s import e-commerce platform Kaola for approximately US$2 billion to gain a competitive edge in the e-commerce industry

In May 2018, Walmart entered inked an agreement to acquire 77% stake of Flipkart for $16 billion to expand its services in India

 

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