E-Commerce & Online Auctions in the UK - Industry Market Research Report

E-Commerce & Online Auctions in the UK - Industry Market Research Report

E-Commerce & Online Auctions in the UK

Companies in the E-Commerce and Online Auction industry sell a diverse range of goods through online portals. Over the past decade, the industry has undergone considerable change, switching from focusing on mail orders and direct TV and telephone sales to e-commerce, driven by the expansion and accessibility of internet services. The increasingly integrated nature of the internet and smartphones in everyday life has been pivotal in developing mobile applications and driving growth. Over the five years through 2022-23, e-commerce revenue is expected to expand at a compound annual rate of 8% to reach £47.4 billion.

Companies in this industry retail a wide variety of products via the internet, mail order, TV and phone. Online auction sites are included, but the sale of motor vehicles and associated parts is not covered. The industry excludes sales made through bricks-and-mortar stores. Purchased products can be either directly downloaded from the internet or physically delivered to the customer.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."