E-Commerce Market size to grow by USD 12,951.56 billion between 2022 and 2027; Alibaba Group Holding Ltd, and Amazon.com Inc. among others, identified as key vendors

NEW YORK, May 17, 2023 /PRNewswire/ — The e-commerce market size is set to grow by USD 12951.56 billion between 2022 and 2027, and register a CAGR of 27.15%, according to Technavio’s latest market research report. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.

Technavio has announced its latest market research report titled Global E-Commerce Market 2023-2027

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alibaba Group Holding Ltd, Amazon.com Inc., Apple Inc., Best Buy Co. Inc., Costco Wholesale Corp., Ebates Performance Marketing Inc., eBay Inc., Flipkart Internet Pvt. Ltd., Groupon Inc., Inter IKEA Systems B.V., JD.com Inc., Lojas Americanas S.A., Otto GmbH and Co. KG, priceline.com LLC, Shopify Inc., The Home Depot Inc., Walmart Inc., Wayfair Inc., Zalando SE, and Etsy Inc. are some of the major market participants. The advantages of e-commerce platforms, the advanced targeting options, and the rise in online spending and smartphone penetration will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

E-Commerce Market 2023-2027: Segmentation

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E-Commerce Market 2023-2027: Vendor Analysis and Scope

Some of the major vendors of the e-commerce market include Alibaba Group Holding Ltd, Amazon.com Inc., Apple Inc., Best Buy Co. Inc., Costco Wholesale Corp., Ebates Performance Marketing Inc., eBay Inc., Flipkart Internet Pvt. Ltd., Groupon Inc., Inter IKEA Systems B.V., JD.com Inc., Lojas Americanas S.A., Otto GmbH and Co. KG, priceline.com LLC, Shopify Inc., The Home Depot Inc., Walmart Inc., Wayfair Inc., Zalando SE, and Etsy Inc. To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 15+ vendors operating in the market.

The report also covers the following areas:

The e-commerce market is fragmented, and the degree of fragmentation will accelerate. The advantages of e-commerce platforms will offer immense growth opportunities. However, the regulatory issues will hamper the market growth.

Market Driver

  • Advantages of e-commerce platforms

  • Advanced targeting options

  • Rise in online spending and smartphone penetration

Market Trend

  • Enhancement of consumer experience through technologies

  • Rise of social media commerce

  • The emergence of omnichannel retailing

Market Challenges

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E-Commerce Market 2023-2027: Key Highlights

  • CAGR of the market during the forecast period 2023-2027

  • Detailed information on factors that will assist e-commerce market growth during the next five years

  • Estimation of the e-commerce market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the e-commerce market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of e-commerce market vendors

Related Reports:

Online Travel Booking Platform Market– The online travel booking platform market is estimated to grow at a CAGR of 14.85% between 2022 and 2027. The size of the market is forecasted to increase by USD 1,107.21 Billion.

Wine E-commerce Market– The wine e-commerce market is estimated to grow at a CAGR of 8.15% between 2022 and 2027. The size of the market is forecasted to increase by USD 12,062.31 million.

E-Commerce Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 27.15%

Market growth 2023-2027

USD 12951.56 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

26.6

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 48%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Alibaba Group Holding Ltd, Amazon.com Inc., Apple Inc., Best Buy Co. Inc., Costco Wholesale Corp., Ebates Performance Marketing Inc., eBay Inc., Flipkart Internet Pvt. Ltd., Groupon Inc., Inter IKEA Systems B.V., JD.com Inc., Lojas Americanas S.A., Otto GmbH and Co. KG, priceline.com LLC, Shopify Inc., The Home Depot Inc., Walmart Inc., Wayfair Inc., Zalando SE, and Etsy Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Application

7 Market Segmentation by Type

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

Global E-Commerce Market 2023-2027

Global E-Commerce Market 2023-2027

Cision

Cision

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SOURCE Technavio

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