About E-commerce of Consumer Electronics Products
E-commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These e-commerce transactions typically fall within four types business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business. The terms e-commerce and e-business are often used interchangeably. The term e-tail is also sometimes used in reference to the transactional processes that make up online retail shopping. the e-commerce market for CE products is undergoing a dynamic transformation, with exciting opportunities and challenges ahead. By understanding the key trends, drivers, and challenges, businesses can leverage the power of e-commerce to reach new customers, optimize their offerings, and thrive in this competitive landscape.
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 Vendors will contribute the maximum growth to Global E-commerce of Consumer Electronics Products market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Newegg (United States), Alibaba (China), EBay (United States), Rakuten (Japan), JD (China), Walmart (United States), Amazon (United States), Flipkart (India) and Target (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Samsung Electronics (South Korea), BOE Technology Group Co., Ltd. (China), Dell Technologies (China), Sharp Corporation (Japan) and MSI (Micro-Star International Co., Ltd.) (Taiwan).
Segmentation Overview
AMA Research has segmented the market of Global E-commerce of Consumer Electronics Products market by , Application (B2B and B2C) and Region.
On the basis of geography, the market of E-commerce of Consumer Electronics Products 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 Pricing, the sub-segment i.e. Standard will boost the E-commerce of Consumer Electronics Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Electronics Products , the sub-segment i.e. Television will boost the E-commerce of Consumer Electronics Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Augmented Reality (Ar) Technology Enhances the Online Shopping Experience
Market Growth Drivers:
Consumers are Shifting from Offline to Online Shopping and Growing Number of Distributers, Retailers, and Traders Globally
Challenges:
Lack of an Integrated End-To-End Logistics Platform for Delivery of Electronics Purchased Online
Restraints:
Risks of Cyber Frauds
Opportunities:
Increased Penetration Of Online Shopping In Consumers’ Lives and Growing Number of Internet Users and Smartphones
Market Leaders and their expansionary development strategies
In May 2023, Walmart and Google partnered on "Walmart Voice Shopping": This collaboration allows customers to use voice commands through Google Assistant to shop for consumer electronics on Walmart's website, offering a convenient hands-free shopping experience.
In October 2023, Amazon launched "Amazon Prime Early Access Sale": This new event, separate from Prime Day, offered exclusive deals on consumer electronics, signifying the growing importance of online shopping events in the space.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, E-commerce of Consumer Electronics Products Provider, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
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.