Which segment accounted for the largest e-commerce market share? Ultimate Intelligence Package. Technavio has been monitoring the business-to-consumer e-commerce market in China and it is poised to grow by USD 3851.34 billion during 2020-2024, decelerating at … Small and medium businesses are growing at a significant rate, especially in India, South Africa, and Russia. The report details the surge in ecommerce due to store closures, statewide lockdowns and consumers’ fear of contracting the virus in public. We are in compliance with GDPR & CCPR norms. 80% of consumers prefer detailed information about purchases and considered this crucial to make buying decisions. This website is secure and your personal details are safe. Increasing penetration of internet is bolstering the smartphone using population across the world. The vertical marketplaces offer a wide range of products in a product category. Ltd.; Gome Electrical Appliance Holdings Ltd.; JD.com, Inc.; Macy's Inc.; Otto Group; Sunning Commerce Group Co. Ltd; and Walmart, Inc. b. The global e-commerce market is expected to grow at a compound annual growth rate of 14.7% from 2020 to 2027 to reach USD 27,147.9 billion by 2027. b. Asia Pacific dominated the e-commerce market with a share of 55.31% in 2019. Increasing acceptance of technology is allowing the e-commerce sector to be more efficient and reachable. This is anticipated to bolster the segment growth over the forecast period. The report will account for Covid-19 as a key market contributor. The report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2016 to 2027. E Commerce Logistics Market size 2020-2025 report, added by Market Study Report, unveils the current & future growth trends of this business sphere in addition to outlining details regarding the myriad geographies that form a part of the regional spectrum of E Commerce Logistics market. This is positively effecting the F&B e-commerce, in 2019, it’s estimated there are 1.92 billion digital buyers, and e-commerce sales account for 14.1% of retail purchases worldwide and is expected to rise to 22% in 2023. What are the factors driving the e-commerce market? Database Memberships: Our proprietary data establishes the benchmark for digital commerce. Vietnam e-commerce market 2017 The penetration of online shopping is higher and tends to increase in years to come. Rise of specialized or vertical marketplaces in B2B e-commerce is generating avenues for the market. This report has a service guarantee. They are more aware of overconsumption and the environment. This acquisition is expected to benefit Flipkart Pvt. Title: Global Cross Border B2C e-Commerce Market 2020: Report highlights & methodology sharing Author: Alibaba Research Keywords: Measuring E-Commerce Day Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. The 2020 U.S. Ecommerce Market Report is the first-of-its-kind at Digital Commerce 360—covering exclusive research on 2020 ecommerce, including a full-year ecommerce and retail projection; ecommerce growth by category; a projection on U.S. marketplaces growth; and trends that will stick beyond the pandemic. Design an exclusive study to serve your research needs. Sufficient work done in market research and analysis. Report Overview. The growing importance of faster browsing has led to the development in the connectivity, thus leading to development in 4G and 5G technology. However, lack of implementation of technical infrastructure in the rural areas of countries, such as India, China, and Brazil, is expected to cause hindrance in the market growth. This acquisition enabled Alibaba Group Holding Limited to acquire NetEase’s import e-commerce platform known as Kaola and also gain a competitive edge in the e-commerce industry. The leading retailers in the market are trying to complement their traditional retailing with online commerce and tying up with other major e-commerce players. E-Commerce Profit Model Market Research Report is a Proficient and In-Depth Study on the Existing State of E-Commerce Profit Model Industry. Request discounts available for Start-Ups & Universities. Reports, prepared by a variety of market research companies, present data and analyses of specific national markets, offer insight into key trends and developments driving the industry, compare e-commerce activity to more traditional venues, and highlight opportunities for engaging in the market. Avail customized purchase options to meet your exact research needs. We stand by our report quality. Increasing number of small and medium enterprises is also projected to escalate the demand over the forecast period. Global Online E-commerce Business Market Report 2019 is a professional and in-depth research report on the world's major regional market conditions of the Online E-commerce Business industry, focusing on the main regions (North America, Europe and Asia) and the main countries (United States, Germany, Japan and China). The market is fragmented and is expected to face extreme competition in the coming years. All interactions are confidential. Hence, the evident impact on the market is projected in regions such as Europe and North America. Therefore, the growing use of smartphones is projected to propel the market growth over the forecast period. The most trusted source for ecommerce research, metrics, insights, web sales, data and rankings on the world's largest e-retailers. We’ve tracked thousands of retailers across thousands of metrics for over 10 years to assemble databases that set the standard for the industry. This Report … Get your queries resolved from an industry expert. Major economies such as U.S, China, India, and Italy are severely affected due to pandemic. Luxury goods and service providers are witnessing significant growth in China. Digital content, travel and leisure, financial services, e-tailing among others constitute a variety of e-commerce options available to the internet accessing customer base that are gaining momentum with increased internet usage. The report for Global Automotive e-commerce market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative and quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight into the market … U.S. consumers are open to foreign brands and products. Key factors that are driving the market growth include increasing number of small and medium enterprises, rising importance of faster browsing coupled with surging smartphone penetration. Upgrade to our Gold and Platinum membership plans to unlock the intelligence and in-depth analysis of all of our research reports yearly. Avail customized purchase options to meet your exact research needs: "The quality of research they have done for us has been excellent...". For the purpose of this study, Grand View Research has segmented the global e-commerce market report based on model type and region: E-Commerce: United States E-Commerce: United States This report forecasts to 2024 US e-commerce retail sales in nominal US dollars for electronic shopping (e-shopping) and mail-order houses. Please wait while we are processing your request... E-commerce Market Share, Growth & Trends Report, 2020-2027. Explore purchase options. It’s hard to fathom, but China only recently surpassed the US in ecommerce sales in 2013 for the first time. E-commerce offers the organization an easier reach for the customers, and hence necessary exposure to business is also achieved. Furthermore, the region is expected to witness a rise in demand for B2B e-commerce adoption, which can be attributed to smartphone proliferation. Addition or alteration to country, regional & segment scope. Moreover, B2B e-commerce platforms offer companies with new possibilities of buying and selling the products, thus reducing the operational as well as inventory costs. A report added to the rich database of Adroit Market Research, titled “Global E-commerce Market by Product Type, Market, Players and Regions-Forecast to 2025”, provides a 360-degree overview of the worldwide market. Rankings and metrics on 4,000+ global digital commerce businesses; 30+ data-rich research reports targeting key topics and market segments ... 2020 B2B Ecommerce Market Report $ 399.00. Brand consciousness is getting more importance in attracting Chinese consumers. (*Gold and Platinum plans include different database packages). Some key players operating in the e-commerce market include Alibaba Group Holding Limited; Amazon, Inc.; Apple, Inc.; Dell Technologies, Inc.; Flipkart Pvt. Ecommerce will grow 40% in 2020—faster than it has in at least two decades. Sales are segmented by merchandise - Market research report and industry analysis - … Let's take a look at our comprehensive report on Vietnam e-commerce market 2017 to find out the market characteristics, consumer behaviors and … In terms of revenue, Business to Business (B2B) dominated the market for e-commerce with a share of 63.1% in 2019 and is expected to witness the fastest growth from 2020 to 2027. The country’s population is large and growing, expected to become the world’s third largest by 2050. Additionally, the Chinese market is going through a consumer revolution, wherein international products are taking benefit of innovative marketing, research techniques, and advertising. E-commerce or online retail is changing the shopping experience for customers. The global e-commerce market size was estimated at USD 9,093.6 billion in 2019 and is expected to reach USD 10,361.0 billion in 2020. b. Copyright © 2020 Digital Commerce 360 | Vertical Web Media LLC. online dashboard trial. The global E-commerce market should reach $5,879.1 billion by 2022 from $2,682.1 billion … The global e-commerce market size was valued at USD 9.09 trillion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 14.7% from 2020 to 2027. Our support available to help you 24 hours a day, five days a week. View the table of contents for full details on what’s included in the report. E-Commerce - UK - Consumer market research report - company profiles - market trends - 2013 Businesses preferring B2B e-commerce platforms follow either the marketplace model or direct model to conduct their business. For the purpose of this study, Grand View Research has segmented the global e-commerce market report based on model type and region: Model Type Outlook (Revenue, USD Billion, 2016 - 2027), Regional Outlook (Revenue, USD Billion, 2016 - 2027). This is attributable to growing preference among businesses to carry out businesses through B2B e-commerce platform, developing infrastructure facilities, and surging number of internet users. Increasing usage of smartphones and the convenience of purchasing daily essentials and luxury products from the comfort of home is primarily driving the growth. The global retail e-commerce market size was valued at USD 4.25 trillion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 9.4% from 2020 to 2027. Get access to essential strategic content, in-depth reports, industry intelligence, and exclusive data. Purchase the E-Commerce in Ukraine country report as part of our internet retailing market research for March 2020. As countrywide lockdowns come into force and consumers shun in-store purchases, the E-commerce market is likely to grow. Furthermore, developing infrastructure facilities and surging the number of internet users are expected to fuel the regional market growth. The report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2016 to 2027. The report titled “Global E-commerce Logistics Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2025” offers strategic insights into the global logistics market along with the market size and estimates for the duration 2015 to 2025. The business to business e-commerce comprises the buying and selling of goods and services between business corporations. Nowadays, the marketing options are in abundance due to the popularity of social media applications, which, in turn, helps in driving the market for e-commerce towards growth trajectories. Will the service providers be able to overcome the logistical challenges amidst such lockdowns, and improve their revenue and profitability? Consumers are very specific about the quality of the product, its composition, and its price. For instance, in September 2019, Alibaba Group Holding Limited announced the acquisition of NetEase, Inc., a company offering online e-commerce services. Purchase the E-Commerce in Vietnam country report as part of our internet retailing market research for March 2020. Moreover, increasing consumer wealth is estimated to propel the market growth over the forecast period. Gain access to our full library of research reports, charts and data, and paywall content on the site. For instance, in September 2018, Flipkart completed its acquisition of Upstream Commerce, an analytics start-up based in Israel. Hence, technological awareness among customers is expected to have a positive impact on market growth. b. This market research report segments the e-commerce payment market by type (e-wallets, cards, online banking, and direct debits) and geography (APAC, North America, Europe, South America, and MEA). Copyright © 2020 Grand View Research, Inc. All rights reserved. Who are the key players in e-commerce market? The marketplace model involves companies selling their products on a common platform alongside their competitors, while the direct model involves companies setting up their private B2B platforms and selling directly to the buyers. Middle East and Africa and Latin America are expected to witness significant growth in the forthcoming years owing to the growing young population and rapidly evolving online shopping market. Implementation of 4G and 5G technology for the connectivity purpose is expected to have a positive impact on the market growth as it provides an uninterrupted, seamless experience to the user. Gold and Platinum members gain access to all published research reports, paywall content on the site (includes charts and data), and Online Databases*, which rank, profile and include data on over 2,500 e-retailers globally. Free report customization (equivalent up to 8 analysts working days) with purchase. Business expansion through strategic partnerships, mergers, and acquisitions remains the premiere strategy of players operating in the e-commerce industry. Furthermore, due to the on-going COVID-19 pandemic, customers’ inclination towards online shopping is rising since brick and mortar shops are closed. Euromonitor International is the leading provider of strategic market research reports. E-commerce is not exempt from good business planning and the fundamental laws of supply and demand. For instance, as per the data provided by Emarsys and GoodData, revenue earned is up by 37% and orders are up by 54% since January in U.S. This is attributed to a growing preference among businesses to carry out businesses through the B2B e-commerce platform. The retail e-commerce software market is poised to grow by $ … We never share your personal data. Established organizations and large enterprises are leaning towards online business due to lesser expenditure in communication and infrastructure. Euromonitor International is the leading provider of strategic market research reports. The internet has transformed the way people sell and buy goods and services. This is attributed to the growing inclination of the companies towards online selling and buying of goods and services. b. Please fill out the form below for a free PDF report sample & Growing middle-class population and intense use of social media are also aggravating the demand for online purchasing of various products and services, thereby positively impacting the Business to Consumer (B2C) segment growth. Avail of the most up-to-date Internet and E-Commerce market research reports, offering comprehensive market segmentation and industry analysis. for full details on what’s included in the report. The latest E-Commerce Search Software market research report exhibits a comprehensive analysis of the historic, current, and future industry trends with respect … Furthermore, increasing penetration of smartphones, coupled with internet usage, is anticipated to drive the B2B e-commerce segment over the forecast period. Digital Commerce 360 researchers conducted a months-long, in-depth analysis on the current state and future of the industry that will cross a jaw-dropping $839 billion this year. Percentage of Top 400 retailers that offer curbside pickup as of October, Ecommerce share in total retail sales in 2020, An analysis of U.S. online retail data in 2020. Some of the prominent players in the global e-commerce market are: Revenue in USD billion and CAGR from 2020 to 2027, Revenue forecast, company ranking, competitive landscape, growth factors, and trends, North America; Europe; Asia Pacific; Latin America; MEA, U.S.; Canada; U.K.; Germany; France; China; India; Japan; Brazil; Mexico, Amazon.com, Inc.; JD.com, Inc.; Apple, Inc.; Alibaba Group Holding Limited; Flipkart Private Limited; Walmart, Inc.; eBay, Inc.; Best Buy; The Home Depot. North America has one of the highest internet penetration rates. 2 with $586.92 billion. Market players are focusing on unique changes to their business models in order to enable sellers and consumers to transact online. Electronics leads in E-Commerce purchases in Nigeria Nigeria’s retail E-Commerce market harbours a high growth potential, as only a small fraction of overall retail spending currently is online. View Details. The 2020 U.S. Ecommerce Market Report is the first-of-its-kind at Digital Commerce 360—covering exclusive research on 2020 ecommerce, including a full-year ecommerce and retail projection; ecommerce growth by category; a projection on U.S. marketplaces growth; and trends that will stick beyond the pandemic. Inclination of companies towards selling and buying of goods and services through the B2B e-commerce platform can be clearly observed worldwide. We are working on understanding the impact of Covid19 on the E-commerce market and the strategies adopted by companies to keep up with the surging demand while keeping their workers safe. Includes all Gold Membership benefits and access to our Basic Plus Database packages. Similarly, specialized marketplaces provide value-added services, such as quantity discounts, and multiple payment options. E-commerce is also driven owing to the increasing importance of online marketing tools, such as Google ads and Facebook ads. Initiatives such as Make in India and Start-up India have led to an increased number of start-ups in the country, which adopt the online marketplace for business, thus powering the market growth. Many players are implementing various strategies to sustain their presence in the market for e-commerce. Asia Pacific dominated the market for e-commerce with a share of 55.3% in 2019 and is expected to witness the fastest growth from 2020 to 2027. Ltd. to price and position its products in an economical way. The "Global Retail E-Commerce Software Market 2020-2024" report has been added to ResearchAndMarkets.com's offering. Banks and other players in the e-commerce industry are allowing a safe and secure online platform to pay easily via payment gateway. What’s included in the 2020 U.S. Ecommerce Market Report: this year, including ecommerce and retail sales and growth projections, , based on projected 2020 ecommerce sales, Ecommerce growth projections for 13 merchandise categories, for the top five retailers in 13 categories, Benefits of Upgrading to a 360 Memberships. The impact of the coronavirus has caused a seismic shift in retail, and businesses cannot afford to wait until next year to learn how the pandemic has shaped, and transformed, ecommerce forever. Our report on business-to-consumer e-commerce market in China provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. In 2019, the top global ecommerce market will be China, with $1.935 trillion in ecommerce sales—more than three times greater than the US at No. North America and Europe are anticipated to witness steady growth over the forecast period. E-commerce includes internet retailing, home shopping, and direct selling. Technavio has announced its latest market research report titled Business-To-Consumer E-Commerce Market in China 2020-2024 (Graphic: Business Wire) Click & Get a Free sample report … Privacy Policy. Moreover, the adoption of smartphones is gaining momentum at a significant rate, thus increasing the exposure of online shopping for the customer. Our new database memberships let you access the level of information you need. The coming years the Global e-commerce market is likely to grow benchmark for digital commerce 360 | vertical Media... Processing your request... e-commerce market 2017 the penetration of internet users are expected to fuel the regional growth... 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And position its products in an economical way development in the e-commerce industry the comfort of home primarily! The companies towards selling and buying of goods and service providers are witnessing significant growth China... Smartphones, coupled with internet usage, is anticipated to bolster the segment growth over the forecast period business in! Also driven owing to the on-going COVID-19 pandemic, customers ’ inclination towards online selling and buying of goods services... Mergers, and multiple payment options segmentation and industry analysis to pay easily payment! On what ’ s population is large and growing, expected to fuel the market... North America has one of the companies towards online selling and buying goods. Share, growth & Trends report, 2020-2027 to face extreme competition in the connectivity, thus leading development! For digital commerce 360 | vertical web Media LLC online Retail is changing shopping... 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