The Home Shopping Market size is estimated at USD 5.44 billion in 2024, and is expected to reach USD 11.75 billion by 2029, growing at a CAGR of 16.66% during the forecast period (2024-2029).
The home shopping market is highly competitive, with a strong presence of regional and global players. Efficient delivery, brand preferences, and consumer awareness drive market demand. Some of the major players in the market globally include Alibaba Group, Amazon.com, JD.com Inc., eBay Inc., and Walmart Inc., among others. Established players that have invested heavily in marketing and expansion in the market studied have gained traction over the years. In the study period, market players were also involved in mergers and acquisitions and partnerships focused on expanding their presence in the market. Potential players are partnering with retailers, branded sports distributors, manufacturers, and online payment providers to achieve deeper market penetration.
For instance, in September 2021, Walmart Inc. announced a significant partnership with Litecoin. The large eCommerce company Walmart Inc wants to enable smooth cryptocurrency payments for its millions of customers worldwide.
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