E-Commerce Market is Expected to Grow at a CAGR of 13.8% by 2024

Posted on 2018-11-28 by Goldstein Research in Consumer Services // 0 Comments

New York, USA, 2018-Nov-28 — /EPR Network/ —According to Goldstein Research, eCommerce market has grown dramatically over the past few decade, and the good news for eCommerce businesses is that there doesn’t look like there will be a slowdown anytime soon. E-commerce industry adopt multiple promotional plans, for instance, prime loyalty programme of Amazon makes three-fold jump in orders from members while its arch-rival Flipkart has less promoted loyalty programme called Flipkart First. Global E-commerce Market Outlook also includes product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe.

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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)

Based on Geography

North America (U.S. & Canada) E-commerce Market {Market Share (%), Market Size(USD Billion)}
Latin America (Brazil, Mexico, Argentina & Rest of Latin America) E-commerce Market {Market Share (%), Market Size(USD Billion)}
Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) E-commerce Market {Market Share (%), Market Size(USD Billion)}
Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) E-commerce Market {Market Share (%), Market Size(USD Billion)}
Middle East & Africa (GCC, South Africa, North Africa, RoMEA) E-commerce Market {Market Share (%), Market Size(USD Billion)}

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“Global E-Commerce Market Outlook 2024” covers in depth overview of the global E-commerce market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by company type and by end users.

Further, for the detailed 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 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 the 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.

Key questions answered in this global E-commerce market report

What is the global E-commerce market Size by 2024 and what would be the expected growth rate of the industry?
What is the overall revenue per segment and geography in 2015-16 and what would be the projected revenue per segment and region over the forecast period?
What are the E-commerce market trends?
What are the factors which are driving this industry?
What are the major barriers to E-commerce industry growth?
What are the industry opportunities for the existing and entry level players?
What are the recent developments and business strategy of the key players?

Global E-commerce market is further bifurcated in various segments with separate market analysis mentioned below:

Payment Gateways Market

Payment processing system, a non-negotiable asset has to work seamlessly and without fail for every kind of business. PayPal has a secure protocol designed to ensure enhanced security and strong authentication for consumers when they use their debit or credit cards for online purchases. Payment Gateways Market size is set to reach USD 28.7 billion by 2024, at a CAGR of 14.1% over the forecast years.

Online Grocery Market

Adoption of intersecting point of physical and virtual world and leveraging technology to satisfy customers is success mantra in retailers and manufacturers. Global online grocery market is expected to grow at the considerable CAGR of 19.5% over the forecast period.

Smartphone Market

Telecommunication is the fastest growing industry where implementation of internet of things (IoT) is drastically changing the way of communication and lifestyle. The global smartphone market is valued USD 363.4 billion in 2016 and is projected to witness over 3.6 billion units shipments of smartphones by the end of 2024. The global smartphone market size is anticipated to grow at a CAGR of 7.5% during the forecast period.

Global Online On-demand Laundry Service Market

The online on-demand laundry service market is trending among the fast moving, career oriented people with a busy schedule who are offered convenient laundry services. Global online on-demand laundry service market size is set to grow at a CAGR of 35.2%% over the forecast years.

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