About E-Commerce
E-commerce is an online retailing platform for trading of products and services using digital networks. E-commerce rope in technologies like mobiles, online banking systems, supply chain management, logistics & procurement, customer service management, etc. Improving online payment methods, cybersecurity and reliability will help to improve the e-commerce market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United Kingdom Players will contribute the maximum growth to Global E-Commerce market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Costco (United States), Shopify (United States) and Flipkart (India).
Segmentation Overview
AMA Research has segmented the market of Global E-Commerce market by Type (B2B (Business to Business), B2C (Business to Consumer) and C2C (Consumer to Consumer)), Application (Supply Chain Management, Inventory Management, Procurement and Logistics, Online Marketing and Advertisement, Remote Banking, Home Shopping and Customer Service) and Region.
On the basis of geography, the market of E-Commerce has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User Industry, the sub-segment i.e. Automotive will boost the E-Commerce market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The growing use of Artificial Intelligence (AI) and Chatbots to create Better User Experience
Market Growth Drivers:
Increasing Penetration of Smartphones and Technology and Growing Disposable Income of people in Developing Economies
Challenges:
Increasing Cybersecurity related issues can hamper the Market Growth
Restraints:
Lack of Technological Advancement in Underdeveloped economy can hinder the growth of the Market
Opportunities:
Easy Payment and Reliable Payment Methods will increase the market Growth
Market Leaders and their expansionary development strategies
In May 2023,Meta and PayPal partnered on "Shop Pay": This integration allows users to seamlessly checkout within Instagram and Facebook using their PayPal accounts, streamlining the social commerce experience.
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.
Key Target Audience
E-commerce Industry Associations, Research and Development Institutes, Financial Institutions and Venture Capital, Logistics and Suppliers, Payment Platforms, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.