The article cited AMA's Global E-Commerce Market Study explored substantial growth with CAGR of %. According the report, The growing use of Artificial Intelligence (AI) and Chatbots to create Better User Experience is one of the primary growth factors for the market. Increasing Penetration of Smartphones and Technology
is also expected to contribute significantly to the E-Commerce market. Overall, Supply Chain Management
applications of E-Commerce, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Walmart Inc. (United States), Amazon (United States), Alibaba (China), Otto Group (Germany), JD.com (China), eBay (United States), Rakuten (Japan), Zalando (Germany), Groupon (United States) and Home Depot (United States) may see astonishing sales in this Market and certainly improve revenue growth.
The End User Industry, such as Automotive, is boosting the E-Commerce market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global E-Commerce market identified that the demand is rising in many different parts of the world as "Easy Payment and Reliable Payment Methods will increase the market Growth". Furthermore, some recent industry insights like "In October 2023 Walmart launched "Walmart Live Brands" this initiative introduces new private label brands across various categories, focusing on high-quality products at competitive prices." is constantly making the industry dynamic. One of the challenges that industry facing is "Increasing Cybersecurity related issues can hamper the Market Growth"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of E-Commerce market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of E-Commerce market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the E-Commerce market tight? Which application/end-user category or Product Type [B2B (Business to Business), B2C (Business to Consumer) and C2C (Consumer to Consumer)] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the E-Commerce market and other related sub-markets covered in the study.
o Key & emerging players in the E-Commerce market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall E-Commerce market size is calculated using market estimation process, the E-Commerce market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global E-Commerce market size has been validated using both top-down and bottom-up approaches.