According to the latest report of the IMARC group, entitled “E-commerce Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027the global e-commerce market reached a value of US$13 trillion in 2021. Looking ahead, IMARC Group expects the market to reach US$55.6 trillion by 2027, with a CAGR of 27.4% in 2022-2027.
We regularly monitor the direct effect of COVID-19[feminine] in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
Electronic commerce (e-commerce) refers to digital transactions carried out over the Internet. It facilitates the buying and selling of products, the provision of customer services, online ticketing and Internet banking. It also enables fast and hassle-free delivery of products and services, enables direct communication, and offers wide geographic reach. As a result, organizations around the world rely on e-commerce channels to deliver fashion items, electronics, travel items, furniture, groceries, and personal care products.
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Rapid urbanization, improving income levels, and growing preference for hassle-free shopping experience are some of the key factors supporting the growth of the market. Additionally, the integration of e-commerce platforms with AI-enabled chatbots and voice assistants is helping the market grow. Additionally, e-commerce technology helps in optimizing user experience and predicting customer behavior for targeted advertising and service delivery as per user needs. This, in conjunction with rising smartphone sales, is expected to influence the market positively.
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List of key companies covered in this market report:
- Alibaba Group Holding Limited
- com inc.
- Apple Inc.
- B2W Companhia Digital (Lojas Americanas S/A),
- eBay Inc.
- Groupon Inc.
- Walmart Inc.
- Zalando SE
The report has segmented the market based on type, transaction, and geography.
Breakdown by type:
- Some products
- Household appliances
- Clothing, shoes and accessories
- Beauty products
- digital content
- Travel and Leisure
Breakdown by transaction:
- Business to consumer
- Business to business
- consumer to consumer
Geographical distribution :
- North America (USA and Canada)
- Europe (Germany, UK, France, Italy, Spain, Russia and others)
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Australia and others)
- Latin America (Brazil, Mexico)
- Middle East and Africa
Main highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
Other reports from the IMARC group
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