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. The apparel and accessories segment led the market and accounted for more than 30.3% revenue share in 2019. Rising demand for enhanced customer experience with voice recognition is expected to boost market growth over the projected period. 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. Introduction 2. As per Newzoo, U.K has the highest smartphone penetration followed by Netherlands, Sweden, Germany, and U.S. This acquisition is expected to benefit Flipkart Pvt. 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. 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. Moreover, the ongoing COVID-19 pandemic has led to declining market share for footwear, apparel and accessories, electronic goods, craft supplies, and other product segments owing to lockdown and change in consumer buying behavior across the globe. Addition or alteration to country, regional & segment scope. For instance, in May 2019, the e-commerce platform Shopify acquired a New York-based wholesale good selling platform called “Handshake” to expand its service and product portfolio. Chatbots and AI voice assistants are integrated with apps to provide the ease of shopping with real-time interaction. The company is strengthening its market position while competing at a global level with giants such as Alibaba and Amazon. The report will account for Covid-19 as a key market contributor. Please fill out the form below for a free PDF report sample & The region is expected to witness rapid growth over the forecast period post the pandemic on account of increasing mobile internet usage and changing lifestyles. Furthermore, developing infrastructure facilities and surging the number of internet users are expected to fuel the regional market growth. Hence, the evident impact on the market is projected in regions such as Europe and North America. Retailers indulging in online sales of products not only provide a desktop browsing version of the website but are also the mobile view friendly websites to attract more customers and increase the traffic on its website. online dashboard trial. All interactions are confidential. What are the factors driving the e-commerce market? Therefore, the growing use of smartphones is projected to propel the market growth over the forecast period. This includes key regional areas such as North … Increasing acceptance of technology is allowing the e-commerce sector to be more efficient and reachable. Global retail ecommerce sales will decelerate to a 16.5% growth rate in 2020. The concern over the collection and usage of personal data on shopping websites are restraining market growth. Moreover, the vendors have opted for organic and inorganic growth strategies to strengthen their market position. Also, platforms such as Shopify link their online stores with social media to reach large number of customers. Market players are focusing on unique changes to their business models in order to enable sellers and consumers to transact online. For instance, in September 2019, Alibaba Group Holding Limited announced the acquisition of NetEase, Inc., a company offering online e-commerce services. The grocery segment in the market is expected to expand at a rapid CAGR of 13.1% over the forecast period. 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. Key Topics Covered: 1. This report provides detailed information on the E-commerce Fulfillment Services market… This website is secure and your personal details are safe. The report on E-Commerce Platforms Market provides qualitative as well as quantitative analysis in terms of market dynamics, competition scenarios, opportunity analysis, market growth, etc. As China has started to recover from the pandemic, the country will be focusing on reviving its business and overcoming the economic crisis. Understand the impact of the crisis on your market. 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. They are more aware of overconsumption and the environment. UK E-commerce Payment Market 6. Moreover, increasing consumer wealth is estimated to propel the market growth over the forecast period. The rapid growth of the market for retail e-commerce is also contributed by the advent of technology such as Artificial Intelligence (AI), Chatbot, and Machine Learning. Paypal Holdings. However, the grocery segment has observed an upsurge in demand with the heavy purchase of essential products by the consumers during the pandemic period. Report Overview 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. The prominent vendors competing in the market include Alibaba Group Holding Ltd, Amazon.com Inc.; Inter IKEA Systems B.V.; and Walmart Inc. For instance, In June 2018, IKEA partnered with Adidas, Lego, and Sonos to expand its product portfolio. The MarketWatch News Department was not involved in the creation of this content. However, e-commerce is expected to grow with the increased purchase of hand sanitizer, toilet paper, disinfectants, bottled/packaged water, tissue, hand soap, and toilet paper. Alibaba Group Holding Ltd; Amazon.com Inc; Coupang Corp.; Ebates Inc. dba Rakuten; eBay Inc.; Inter IKEA Systems B.V.; Otto (GmbH & Co KG); The Kroger Co.; Walmart Inc. Free report customization (equivalent up to 8 analysts working days) with purchase. North America and Europe are anticipated to witness steady growth over the forecast period. Also, in May 2018, Walmart acquired Flipkart to expand its reach in the market, while maintaining the Flipkart brand to remain distinct from that of Walmart. This report has a service guarantee. Avail customized purchase options to meet your exact research needs. The report also helps in understanding India e- commerce sector dynamics, structure by analyzing the market segments and project the India e - commerce sector size. The latest report on ' E-commerce Payment market' as Added by Market Study Report, LLC, offers comprehensive details on industry size, regional spectrum and revenue estimates of the business. Furthermore, due to the on-going COVID-19 pandemic, customers’ inclination towards online shopping is rising since brick and mortar shops are closed. The market growth is evident from the increase in the sale of grocery which strained the supply and workforce capacity leading to the addition of more workers by vendors such as Walmart, Amazon, Dollar General, and CVS, and Albertsons. The vertical marketplaces offer a wide range of products in a product category. This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. Report Overview 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. The report will account for Covid-19 as a key market contributor. Businesses preferring B2B e-commerce platforms follow either the marketplace model or direct model to conduct their business. 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. The companies are engaging in partnerships, mergers, and acquisitions, aiming to strengthen their product portfolio, improve its reach with a better chain across the countries and regions. Increasing … However, the increasing severity of the COVID-19 worldwide has compelled the governments across major countries to issue orders of complete lockdown, thereby impacting sales from retail e-commerce platforms too. Search reports, statistics & slideshows on E-Commerce. Design an exclusive study to serve your research needs. E-retailers are also investing in Augmented Reality (AR) to provide an immersive experience to their customers. The report on E-commerce Payment Market offers in-depth analysis of market trends, drivers, restraints, opportunities etc. The business to business e-commerce comprises the buying and selling of goods and services between business corporations. Many players are implementing various strategies to sustain their presence in the market for e-commerce. The impact has been evidently reflected in the U.S. where the apparel industry witnessed declining sales in April 2020 compared to March 2020. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the India e-commerce … Our reports on e-commerce technology market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. Detailing the regional analysis of the E-commerce Package Equipment market: The report includes a thorough geographical analysis of this market bifurcating it into North America, Europe, Asia-Pacific, South America, Middle East & Africa, South East Asia. We stand by our report quality. Some of the prominent players in the retail e-commerce market include: Revenue in USD billion and CAGR from 2020 to 2027, Revenue forecast, competitive ranking, competitive landscape, growth factors and trends, North America, Europe, Asia Pacific, Latin America, Middle East & Africa, U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico. 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 offers the organization an easier reach for the customers, and hence necessary exposure to business is also achieved. The demand for online grocery is rising in the current COVID-19 pandemic owing to ease of shopping from home and contactless purchase which is expected to have a lasting effect leading to a permanent behavioral shift towards digital purchases. Major economies such as U.S, China, India, and Italy are severely affected due to pandemic. Hence, technological awareness among customers is expected to have a positive impact on market growth. The growing importance of faster browsing has led to the development in the connectivity, thus leading to development in 4G and 5G technology. 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. 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 ' Business-to-business E-commerce market' research report now available with Market Study Report, LLC, is a compilation of pivotal insights pertaining to market size, competitive spectrum, geographical … Additionally, the Chinese market is going through a consumer revolution, wherein international products are taking benefit of innovative marketing, research techniques, and advertising. UK E-commerce Payment Market Share Analysis 6.1 By Category 6.2 By Payment Method 7. People are shifting towards urban lifestyles engaging in the more work-oriented culture. The companies are offering affordable products to cater to the demand for various goods such as grocery, office supplies, art supplies, footwear, and apparel and accessories among others. North America is expected to grow significantly over the forecast period. Rely on our Market … Furthermore, the affordable pricing, timesaving, and a plethora of choices in shopping have led to a staggering trajectory across the world and are expected to augment over the forecast period. This is anticipated to bolster the segment growth over the forecast period. Business expansion through strategic partnerships, mergers, and acquisitions remains the premiere strategy of players operating in the e-commerce industry. United Kingdom's e-commerce payment market is expected to be US$ 203.08 Billion by 2026 The United Kingdom's e-commerce sector continues to be one with high growth, innovation, and … Please wait while we are processing your request... Retail E-Commerce Market Size & Share Report, 2020-2027, Request discounts available for Start-Ups & Universities. Therefore, we are currently working on our analysis to capture the exact cumulative impact of COVID-19 on the retail e-commerce market. 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). Free report customization (equivalent up to 8 analysts working days) with purchase. Furthermore, in December 2018, Walmart entered into a partnership with Walmart under its revamping strategy to open its first eCommerce store in Japan. The evolution of mobiles and the shift from calling to browsing has driven the online retailing along with the rising penetration of internet connections. Who are the key players in e-commerce market? 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. We are in compliance with GDPR & CCPR norms. We are in compliance with GDPR & CCPR norms. It is complete Research Study and Industry Analysis of Online E-commerce Business market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market. Luxury goods and service providers are witnessing significant growth in China. Some key players operating in the e-commerce market include Alibaba Group Holding Limited; Amazon, Inc.; Apple, Inc.; Dell Technologies, Inc.; Flipkart Pvt. … Furthermore, the region is expected to witness a rise in demand for B2B e-commerce adoption, which can be attributed to smartphone proliferation. E-commerce is also driven owing to the increasing importance of online marketing tools, such as Google ads and Facebook ads. 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. Established organizations and large enterprises are leaning towards online business due to lesser expenditure in communication and infrastructure. Explore purchase options. Customers are increasingly using smart speakers to place online orders in the U.S. region as orders placed via voice provide more optimized search results. Regional demand was followed by Europe owing to high-speed internet facilities coupled with the well-established supply chain for goods delivery. for the forecast year up to 2029. Germany Ecommerce Payment Market Report 2020-2026 with Overview, Recent Initiatives & Sales Analysis of Paypal, AmazonPay, PayDirekt, Giropay News provided by Research and Markets Rising consumer spending with an increasing number of smartphone users across the world has fueled retail e-commerce demand. Increasing … Increasing usage of smartphones and the convenience of purchasing daily essentials and luxury products from the comfort of home is primarily driving the growth. Asia Pacific dominated the market and accounted for over 41.0% revenue share in 2019. In 2020, the region has gain prominence owing to the increased online sale between the end of January and the beginning of March 2020. Get your queries resolved from an industry expert. Increasing penetration of internet is bolstering the smartphone using population across the world. This website is secure and your personal details are safe. Additionally, China is also one of the largest markets for C2C vendor-driven by auction and second hand or handmade product selling. The changing mindset during the pandemic is bound to bring structural change in consumer shopping for grocery online which would add into the burgeoning grocery segment growth over the e-commerce platform. The recent report on Live E-commerce market offers fact-based research to help clients grasp a deeper understanding of the market dynamics with respect to the major growth drivers, challenges, and opportunities. 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. Global Info Research offers a latest published report on Cross-Border E-commerce Platform Analysis and Forecast 2020-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.This report focuses on the key global Cross-Border E-commerce Platform Concentrate players, to define, describe and analyze the value, market share, market … The study further presents conclusive data referring to the commercialization aspects, industry size and profit estimation of the market. Get real time updates on the E-Commerce Industry with the latest reports, critical insights and stats from official sources. Copyright © 2020 Grand View Research, Inc. All rights reserved. Addition or alteration to country, regional & segment scope. 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. Companies Covered in Germany Ecommerce Payment Market Research Report. Will the service providers be able to overcome the logistical challenges amidst such lockdowns, and improve their revenue and profitability? Global E-commerce Fulfillment Services Market Forecast 2020-2026 The Global E-commerce Fulfillment Services Market 2019 Research Report is a professional and in-depth study on the current state of the E-commerce Fulfillment Services Market industry. As Alibaba and Amazon internet users are expected to have a positive impact on market growth the product, composition... Market players are implementing various strategies to sustain their presence in the connectivity, thus leading to in. The market and accounted for the customer segment over the collection and usage of smartphones in small countries and is! As orders placed via voice provide more optimized search results providers be able to overcome the logistical amidst... Has transformed the way people sell and buy goods and services through the B2B e-commerce platform in compliance with &! Europe are anticipated to bolster the market e commerce market analysis report over the forecast period the concern over the forecast.! Online marketing tools, such as Shopify link their online stores with social media to USD... Assistants are integrated with apps to provide the ease of shopping with real-time.... Benefit from consumer stockpiling to place online orders in the market for e-commerce of. Development in 4G and 5G technology into country-wise analysis first quarter, retailers with online! America is expected to have a positive impact on the market are trying to complement traditional. 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e commerce market analysis report

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