E-Commerce Retail Market 2024-2028
The e-commerce retail market is forecasted to grow by USD 4061.3 billion during 2023-2028, accelerating at a CAGR of 11.2% during the forecast period. The report on the e-commerce retail market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advent of personalized shopping, increased internet penetration, and rising disposable income.
Technavio's e-commerce retail market is segmented as below:
- By Product
- Apparel and accessories
- Groceries
- Footwear
- Personal and beauty care
- Others
- By Modality
- Business to business (B2B)
- Business to consumer (B2C)
- Consumer to consumer (C2C)
- By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the integration of ai as one of the prime reasons driving the e-commerce retail market growth during the next few years. Also, strategic partnerships among e-commerce retailers and subscription based models will lead to sizable demand in the market.
The report on the e-commerce retail market covers the following areas:
- E-Commerce Retail Market sizing
- E-Commerce Retail Market forecast
- E-Commerce Retail Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading e-commerce retail market vendors that include Alibaba Group Holding Ltd., Amazon.com Inc., Apple Inc., Best Buy Co. Inc., Blink Commerce Pvt. Ltd., Coupang Inc., eBay Inc., Etsy Inc., Flipkart Internet Pvt. Ltd., Inter IKEA Holding BV, Manash E-Commerce Pvt. Ltd., Nykaa E-Retail Ltd., Otto GmbH and Co. KG, Rakuten Group Inc., Reliance Retail Ltd., Shopify Inc., Snapdeal Ltd., Target Corp., The Kroger Co., and Walmart Inc.. Also, the e-commerce retail market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.