E-commerce Industry Is Projected To Reach USD 13,497.00 Billion By 2022Posted by rahul nikade on April 13th, 2023 E-commerce Industry Data Book Covers B2B E-commerce Market and B2C E-commerce Markets. The global E-commerce markets was valued at USD 13,497.0 billion in 2022 and is projected to grow at a CAGR of 12.0% from 2023 to 2030. Grand View Research’s E-commerce industry databook is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research. Business-to-Business E-commerce Market Insights The global business-to-business e-commerce market size was valued at USD 7,907.07 billion in 2022 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 20.2% from 2023 to 2030. Based on deployment type, the market can be segmented into supplier-oriented, buyer-oriented, and intermediary-oriented models. The intermediary-oriented segment dominated the market in 2022, recording a revenue share of above 50.0%. This model regulates trade among manufacturers and consumers. Moreover, it frees up businesses, particularly MSMEs, from the high cost of website development, logistics, and customer support, making it a popular choice. Based on applications, the market has been segmented into books & stationery, consumer electronics, sports apparel, beauty & personal care, healthcare, home & kitchen, clothing, industrial & science, and automotive. The home & kitchen segment was valued at a market size of USD 1,760.15 billion in 2022, accounting for the largest share of the overall B2B e-commerce market in the same year. The impact of COVID-19 and the rising popularity of online shopping have contributed to segment growth. Access the Global E-commerce Industry Data Book, 2022 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competition benchmarking, macro-environmental analyses, and regulatory & technological framework studies B2C E-commerce Market Insights The global B2C e-commerce market size was valued at USD 3.67 trillion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 9.7% from 2021 to 2028. The B2C retailer's segment accounted for the largest revenue share of 99.4% in 2020 and is expected to continue its dominance over the forecast period. An increase in mobile transactions and internet banking is expected to drive retailers’ segments over the forecast period. Furthermore, urbanization and smart city development in developing countries have contributed to the westernized lifestyle, which is further changing the shopping pattern from traditional to online. The clothing and footwear segment accounted for the largest revenue share of 24.71% in 2020 and is expected to continue its dominance over the forecast period. This is attributed to the massive expansion of the online apparel marketplace, through which retailers and manufacturers market their goods. Shopping through fashion websites is beneficial, including multiple payments and goods options, home delivery, and easy return. E-commerce Market – Global Industry Segmentation
E-commerce Industry, By Model Type
E-commerce Industry, By End-use
B2C E-commerce Market, By End-Use
B2B E-commerce Market, By End-use
Order your copy of the Free Sample of “E-commerce Industry Data Book - B2B E-commerce Market and B2C E-commerce Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research E-commerce Industry Data Book Regional Outlook
E-commerce Industry Data Book Competitive Landscape Adopting new technologies by the e-commerce platforms plays a major role in enhancing the customer experience, which has contributed to the growth. For instance, in May 2022, Snap Inc. expanded its e-commerce capabilities enabling brands to create AR (augmented reality) shopping content for engaging mobile users. Key players operating in the E-commerce industry are –
Go through the table of content of E-commerce Industry Data Book to get a better understanding of the Coverage & Scope of the study About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Like it? Share it! More by this author |