Global E-commerce Market By Model Type, By Geographic Scope And Forecast
E-Commerce Market Insights
E-Commerce Market was valued at USD 8.63 trillion in 2019 and is projected to reach USD 23.95 trillion by 2027 growing at a CAGR of 13.61% from 2020 to 2027.
The E-Commerce Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The E-Commerce Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.
Global E-Commerce Market Overview
The surge in internet penetration of internet has led to an increase in the number of smartphone users which is directly correlated with the e-commerce market traffic. More smartphone users tend to engage and browse for products on various e-commerce avenues available on the internet. There is also a rise in the small and medium-sized enterprises which are operating on an online platform. As a result, the market demand is expected to escalate over the forecasted period.
This report provides an all-inclusive environment for the analysis of the E-Commerce Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews, and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political, and economic factors along with the current market dynamics affecting the E-Commerce Market growth.
Along with the market overview, which comprises the market dynamics the chapter includes Porter’s Five Forces analysis which explains the five forces: namely buyers’ bargaining power, suppliers’ bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the E-Commerce Market. It explains the various participants, such as system integrators, intermediaries, and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the E-Commerce Market.
|Base year considered||2019|
|Forecast period considered||2020-2027|
|Base year market size||8.63 $ trillion in 2019|
|Market size forecast||23.95 $ trillion by 2027|
|Units considered||$ Trillion|
|Segments covered||By Model Type, By Geographic Scope|
|Industry covered||Retail & eCommerce|
Global E-Commerce Market Segmentation Analysis
The Global E-Commerce Market is segmented based on Model Type and Geography.
Key Players In E-Commerce Market
The Global E-Commerce Market study report will provide a valuable insight with an emphasis on the global market. The major players in the market are The Home Depot, Best Buy, eBay Inc, Walmart Inc, Flipkart Private Limited, Alibaba Group Holding Limited, Apple Inc, JD.com Inc & Amazon.com Inc. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
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