Global E-Commerce Market to Grow at a CAGR of 18.6% (2016-2024)

e-commerce industry

New York, USA, 2018-May-07 — /EPR Network/ —According to Goldstein Research, global e-commerce market is expected to grow from USD 22.1 trillion in 2016 at a CAGR of 18.6% over the forecast period 2016-2024. Switching to an online shopping portal, researching purchases online before buying in store, smartphone and tablet penetration and transparent public feedback facilities are driving the growth of the market.

E-commerce market segmentation has been carried out on the basis of company type and end-user industry. Based on end-user industry, retail segment has a largest market share, accounts for 15.0% of total retail sales all over the world and is expected to generate revenue of USD 5 trillion by 2024 in the global retail e-commerce market. The global e-commerce market is dominated by Asia-Pacific with China securing largest market share globally with USD 1.01 trillion in 2016 followed by the U.S., the U.K., Japan, Germany, France and South Korea.

Market Segmentation

On the basis of our in-depth analysis, Global E-Commerce Market can be segmented as follows:

By Company Type

  • Pure Marketplace (Alibaba, eBay)
  • Hybrid Marketplace (Amazon, JD.com)
  • Brand (Apple, Xiomi, Dell)
  • Retail Chain (Suning, Wal-Mart)

By End User Industry

  • Retail
  • Consumer Electronics
  • Books
  • Apparel
  • House Hold Goods
  • Packaged Goods
  • Groceries
  • Cosmetics
  • Others ( Toys, etc)
  • Travel and Tourism
  • Automotive
  • Entertainment/Media
  • Healthcare
  • E-Health Services
  • Telemedicine
  • E-Prescription
  • Others (Telecom, etc)

 By Region

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

 

Download Exclusive Sample Report: E-Commerce Market Report Sample

Global E-Commerce Market Outlook 2024” contains a detailed overview of the global e-commerce market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by company type and end-user industry.

Further, for the in-depth analysis, Global E-Commerce Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Alibaba, eBay, Flipkart, Myntra, Rakuten, Amazon, JD.com, Apple, Xiomi, Dell, Suning, Wal-Mart, Google, PayPal, ASOS.com, Barnes & Noble, Best Buy, Costco, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global e-commerce market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

Browse full Report @ https://www.goldsteinresearch.com/report/e-commerce-market-outlook-2024-global-opportunities-assessment-and-demand-analysis-market-forecast-2016-2024

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