The global e-commerce industry is expected to reach $52 trillion by 2027 | Panda Anku

DUBLIN, August 16, 2022 /PRNewswire/ — The Global E-Commerce Market: Analysis by Product Category, by Model Type (Business-to-Business and Business-to-Consumer, by Region Size and Trends Impacted by COVID-19 and Forecast to 2027) report has been published published added to Offer.

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The Global E-Commerce Market in 2021 has been rated $14.30 trillionand is likely to be achieved $52.06 trillion by 2027. In recent years, sales through e-commerce platforms have always increased very rapidly. Ecommerce has evolved dramatically over the years.

The advancement of both technical hardware and the internet over the past decade has been directly related to e-commerce. E-commerce has become a competitor to traditional shopping in many ways, just as the Internet has become the preferred medium for marketing, advertising, and purchasing products, goods, and services.

E-commerce is a platform for buyers and sellers to buy or sell goods and services online. The online platforms are accessible via the Internet and can be accessed using a mobile phone, laptop or computer. The continued rise of e-commerce is inevitable, fueled by the proliferation of mobile and ubiquitous internet.

Traditional brick-and-mortar categories are rapidly shifting towards online. The global e-commerce market is anticipated to grow at a CAGR of 26.55% during the forecast period 2022-2027.

Global E-Commerce Market Dynamics:

  • Growth drivers: Young consumers, mainly Millennials and Gen Z, are digital natives who are familiar and comfortable with using technology in their everyday lives. Additionally, they shop online due to factors like low prices, flexible returns, and equal delivery. In addition, the market is expected to grow due to increasing internet connectivity, increasing penetration of smartphones, increasing adoption of m-commerce, rapid urbanization, increasing acceptance of digital transactions, expansion of regional localization of internet content, improvement of shopping experience, etc .in the past few years.

  • Challenges: The e-commerce industry is known to be the most vulnerable industry in terms of cybersecurity. Malware attack hijacks target user’s System, web server and all confidential data for some time and demands certain amount of money in exchange for returning user’s data. It is a threat to ecommerce websites as it loses trust from customers. Therefore, the increasing malware applications would negatively affect the growth of the e-commerce market. In addition, other factors such as ambiguity in cross-border trade, asymmetry in information (virtual vs. reality), etc. are some challenges for the market.

  • Trends: The advent of 5G technology would present potential opportunities to enhance consumer shopping experiences and simplify adoption across many different industries. The 5G network is recognized as a powerful tool to support applications like VR and AR in the e-commerce industry. Therefore, it can be expected that the potential of 5G will create further significant synergies in the coming years, which will lead to a digital transformation in e-commerce. Other trends in the market are believed to drive the e-commerce market growth over the forecast period, including the growing influence of social media, the expansion of e-commerce’s share of total retail sales, the increasing use of search engine optimization, and the rising Popularity of own self-service platforms, increasing acceptance of omnichannel platforms, growing green consumption trend, technological innovations, integration of augmented reality and virtual reality into e-commerce industry, etc.

Impact analysis of COVID-19 and further course of action:

The global e-commerce market has been impacted by the COVID-19 pandemic in many ways. COVID-19 brought many changes in the world, the digital transformation of economic activities took place quickly, moreover, the world witnessed a restriction on shopping (but only buying essential goods or services), growing startups moving into the Entered online business, big increases in its purchases of hardware and sporting goods, and greater reliance on real-time and digital payments. The changes introduced by COVID-19, such as B. the rapid shift to online, mobile first, omnichannel, etc., will have long-term effects in the post-COVID era.

Competitive landscape and current developments:

Compared to a few years ago, today’s e-commerce world is almost unrecognizable. Due to the pandemic, online trading has gained prominence and has become a requirement for many businesses. As a result, the market is considered fragmented and strong rivalry is expected in the years to come. Many companies employ various techniques to maintain their position in the e-commerce market.

Other Major Players in Ecommerce Market are:

Main topics covered:

1. Summary

2. Introduction
2.1 E-Commerce: An Overview
2.1.1 Definition of E-Commerce
2.1.2 Elements of E-Commerce
2.2 E-Commerce Segmentation: An Overview
2.2.1 Ecommerce Segmentation

3. Global Market Analysis
3.1 Global E-Commerce Market: An Analysis
3.2 Global E-Commerce Market: Product Category Analysis
3.3 Global E-Commerce Market: Model Type Analysis

4. Regional Market Analysis
4.1 E-Commerce Market in Asia-Pacific: An Analysis
4.1.1 E-Commerce Market in Asia-Pacific: An Overview
4.1.2 Asia-Pacific E-Commerce Market by Value
4.1.3 Asia-Pacific E-Commerce Market by Model Type (Business-to-Business (B2B) and Business-to-Consumer (B2C))
4.1.4 Asia Pacific B2B Ecommerce Market by Value
4.1.5 Asia Pacific B2C E-Commerce Market by Value
4.1.6 Asia-Pacific E-Commerce Market by Regions (China, India, Japan, South Koreaand rest of Asia Pacific)
4.1.7 China E-Commerce Market by Value
4.1.8 Japan E-Commerce Market by Value
4.1.9 India E-Commerce Market by Value
4.1.10 E-Commerce Market in South Korea by Value
4.1.11 Rest of Asia-Pacific e-commerce market by value
4.2 North America E-Commerce Market: An Analysis
4.2.1 North America E-Commerce Market: An Overview
4.2.2 North America E-Commerce Market by Value
4.2.3 North America E-Commerce Market by Model Type (Business-to-Business (B2B) and Business-to-Consumer (B2C))
4.2.4 North America B2B Ecommerce Market by Value
4.2.5 North America B2C E-Commerce Market by Value
4.2.6 North America E-Commerce Market by Regions (United States, Mexicoand Canada)
4.2.7 The US E-Commerce Market by Value
4.2.8 Mexico E-Commerce Market by Value
4.2.9 Canada E-Commerce Market by Value
4.3 European E-Commerce Market: An Analysis
4.3.1 European E-Commerce Market: An Overview
4.3.2 Europe E-Commerce Market by Value
4.3.3 Europe E-Commerce Market by Regions (UK, Germany, France, Spainand rest of Europe)
4.3.4 UK E-Commerce Market by Value
4.3.5 Germany E-Commerce Market by Value
4.3.6 France E-Commerce Market by Value
4.3.7 Spain E-Commerce Market by Value
4.3.8 Rest of Europe E-Commerce Market by Value
4.4 Rest of the World E-Commerce Market: An Analysis
4.4.1 Rest of the World E-Commerce Market: An Overview
4.4.2 Rest of the worldwide E-Commerce Market by Value

5. Effects of COVID
5.1 Effects of COVID-19
5.1.1 Impact of COVID-19 on E-Commerce Market
5.1.2 Impact of COVID-19 on Ecommerce Product Categories
5.1.3 Impact of COVID-19 on Digital Transactions
5.1.4 Post-COVID-19 Retail Megatrends

6. Market Dynamics
6.1 Growth Drivers
6.1.1 Increase in Internet Connectivity
6.1.2 Growing Generation Z and Millennials
6.1.3 Increasing penetration of smartphones
6.1.4 Increasing adoption of m-commerce
6.1.5 Rapid urbanization
6.1.6 Growing acceptance of digital transactions
6.1.7 Extension of regional localization of Internet content
6.1.8 Higher shopping experience
6.2 Challenges
6.2.1 Increasing Malware Applications
6.2.2 Ambiguity in Cross-Border Trade
6.2.3 Information asymmetry (virtual vs. reality)
6.3 Market Trends
6.3.1 Mobile 5G subscription growth
6.3.2 Growing influence of social media
6.3.3 Expanding the share of e-commerce in total retail sales
6.3.4 Escalating Use of Search Engine Optimization
6.3.5 Rising Popularity of Self-Service Platforms
6.3.6 Increasing acceptance of omnichannel platforms
6.3.7 Growing trend of green consumption
6.3.8 Technological Innovations
6.3.9 Integration of augmented reality and virtual reality in the e-commerce industry

7. Competitive Landscape
7.1 Global E-Commerce Players by Market Share
7.2 The US E-Commerce Players by Market Share
7.3 Global Ecommerce Players by Visit Share

8. Company Profiles
8.1, Inc.
8.1.1 Business Overview
8.1.2 Business Segment
8.1.3 Business Strategy
8.2 eBay Inc.
8.2.1 Business Overview
8.2.2 Region of Operation
8.2.3 Business Strategy
8.3 Alibaba Group Holding Limited
8.3.1 Business Overview
8.3.2 Business Segment
8.3.3 Business Strategy
8.4 Walmart Inc.
8.4.1 Business Overview
8.4.2 Business Segment
8.4.3 Business Strategy
8.5 Rakuten Group, Inc.
8.5.1 Business Overview
8.5.2 Business Segment
8.5.3 Business Strategy
8.6, Inc.
8.6.1 Business Overview
8.6.2 Business Segment
8.6.3 Business Strategy
8.7 The Home Depot, Inc.
8.7.1 Business Overview
8.7.2 Net Sales by Product Line
8.7.3 Business Strategy
8.8 Zalando SE
8.8.1 Business Overview
8.8.2 Business Segment
8.8.3 Business Strategy
8.9 Shopify Inc.
8.9.1 Business Overview
8.9.2 Region of Operation
8.9.3 Business Strategy
8.10 Wayfair Inc.
8.10.1 Business Overview
8.10.2 Business Segment
8.10.3 Business Strategy
8.11 Apple Inc.
8.11.1 Business Overview
8.11.2 Business Segment
8.11.3 Business Strategy
8.12 Meituan
8.12.1 Business Overview
8.12.2 Business Segment

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