Excellent Growth In Online to Offline Commerce Market Forecast to 2027 with Global Key Players | Booking Holdings, Expedia, Uber, Didi Chuxing, Airbnb, Ctrip, Suning.com, Meituan Dianping And Many More
O2O (online to offline) refers to a new-type e-commerce model in which through the websites in the online shopping malls or their own websites, the merchants show the information of products and services to customers; meanwhile, through QR code, APP or location-based service (LBS), customers login the online stores or filter the online products and services and then make the order and pay the bills, but they validate and experience the consumptions offline. This model not only meets the personalized demand of customers but also helps the merchants to propagate their information of products and services faster, farther and wider.
From this report, both the current as well as forecasted market can be referred to form internal strategies. The report provides breakdown of this market based on various segments, sub-segments and regions. The report also helps the reader to understand market opportunities in various countries by region which includes North America, Europe, Asia Pacific, and Rest of the World.
The following manufacturers are covered in this report: Booking Holdings, Expedia, Uber, Didi Chuxing, Airbnb, Ctrip, Suning.com, Meituan Dianping, 58.com, Tuniu Corporation, Fang Holdings Limited, Leju Holding Limited, Alibaba Health, Ping An Good Doctor, Grab Holdings, eHi Auto Services Limited
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The report provides a detailed description of competitive scenario in this market and profiles major manufacturers, service providers, material suppliers operating in this industry. Report includes information on company's financial information, products and service offerings, organic and inorganic growth strategies adopted by the players in the market.
The growth of the online travel market is driven by the increase in internet penetration, rise in disposable income of people in emerging markets, and ease of comparing a variety of travel options online. Market players are introducing innovative travel and vacation package deals to assist travelers in making sound travel decisions as per their spending capability, such as affordable packages for an international destination, discounts on car rentals and cash back on international flights.
According to this study, over the next five years, the Online to Offline Commerce market will register a 15.3% CAGR in terms of revenue, the global market size will reach US$ 242700 million by 2024, from US$ 119200 million in 2019. In particular, this report presents the global revenue market share of key companies in Online to Offline Commerce business, shared in Chapter 3.
A consumer in online to offline model searches for the product online; however, purchases it through an offline channel. A local store which hesitated to sell their products online due to the discounting nature of online marketplaces finds this model lucrative. Additionally, few products such as jewelry and electronics products are explored by customers online; however, due to the dynamics of certain products and its associated price are purchased offline. "Touch and Feel" factor is driving the online to offline commerce market.
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Segmentation by product type:
Online Shopping Platform
Segmentation by application:
Travel & Tourism
The primary sources included C-level executives, director level executives, marketing professionals, and industry experts. Further, in-house database and consultants were used to estimate the market size.
Key questions answered in the report include
What will the market size and the growth rate be in 2027?
What are the key factors driving the global Online to Offline Commerce market?
What are the key market trends impacting the growth of the global Online to Offline Commerce market?
What are the challenges to market growth?
Who are the key vendors in the global Online to Offline Commerce market?
What are the market opportunities and threats faced by the vendors in the global Online to Offline Commerce market?
Trending factors influencing the market shares in APAC, Europe, and the US?
What are the key outcomes of the five forces analysis of the global Online to Offline Commerce market?
Who Should Read This Report?
Original Equipment Manufacturers (OEMs)
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TABLE OF CONTENT
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Online to Offline Commerce Market Size 2014-2024
2.1.2 Online to Offline Commerce Market Size CAGR by Region
2.2 Online to Offline Commerce Segment by Type
2.2.1 Group-Buying Platform
2.2.2 Online Shopping Platform
2.2.3 Business Circle Platform
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