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International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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Global E-commerce Market Research Report 2023-2028:
According to the latest report by IMARC Group, titled " E-Commerce Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2 028
," the global e-commerce market size reached US$ 16.6 Trillion in 2022.
E-commerce, also known as electronic commerce, refers to the commercial transaction of goods and services conducted electronically through the internet. It involves buying and selling services and goods, online ticketing, online auctions, payment gateways and internet banking. It offers numerous benefits over conventional retail solutions, such as reduced inventory costs, higher profit margins, various discounts, and enhanced delivery of goods and services.
As a result, e-commerce platforms are extensively utilized across diverse industries, including retail, travel and leisure, media streaming, and financial services.
Request for a PDF sample of this report: https://www.imarcgroup.com/e-commerce-market/requestsample
The rising internet penetration, and the increasing usage of smart devices, such as smartphones, laptops, and tablets, represent one of the primary factors driving the market growth. Moreover, the market is propelled by the shifting consumer preferences toward online shopping. This can be attributed to the growing popularity of online retail channels among individuals as they provide a hassle-free shopping experience while displaying a wide variety of products at affordable prices. Additionally, due to the spread of coronavirus disease (COVID-19), consumers are rapidly shifting toward online platforms to acquire daily essentials, including food, clothing, and electronics, amid lockdown and social distancing measures. Besides this, the emergence of private-label and direct-to-consumer-based business models is also contributing to the market growth. Furthermore, rapid urbanization, growing consumer awareness towards numerous benefits of e-commerce platforms, and the rising integration of ecommerce platforms with various advanced technologies, such as artificial intelligence, machine learning and cloud computing, are some of the other factors anticipated to propel the market growth in the coming years.
Looking forward, IMARC Group expects the market value to reach US$ 70.9 Trillion by 2028, exhibiting a CAGR of 27.43% during 2023-2028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/e-commerce-market
Key Market Segmentation
The research report includes the following segments:
Breakup by Type:
• Home Appliances
• Apparel, Footwear and Accessories
• Books
• Cosmetics
• Groceries
• Others
Breakup by Transaction:
• Business-to-Consumer
• Business-to-Business
• Consumer-to-Consumer
• Others
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Competitive Landscape with Key Players:
• Alibaba Group Holding Limited
• Amazon.com Inc
• Apple Inc
• B2W Companhia Digital (Lojas Americanas S/A)
• Ebay Inc
• Groupon Inc
• Rakuten
• Walmart Inc
• Zalando SE
• etc
1. How big is the global e-commerce market in 2022?
2. What is the expected growth rate of the global e-commerce market during 2023-2028?
3. What are the key factors driving the global e-commerce market?
4. What has been the impact of COVID-19 on the global e-commerce market?
5. What is the breakup of the global e-commerce market based on the type?
6. What is the breakup of the global e-commerce market based on the transaction?
7. What are the key regions in the global e-commerce market?
8. Who are the key players/companies in the global e-commerce market?
Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/e-commerce-market/toc
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