Press release
UK online retail, online travel market and online advertising market is expected to witness forecasted CAGR of 6.5% in terms of gross merchandise value, 1.9% in terms of gross transaction value and 7.9% in terms of online ad spent respectively which is an
o The total number of trips to abroad from UK is expected to grow at a CAGR of 1.9% to a value of 84.8 million by the year ending 2025. This is also expected to give a boost to the expenditure made on online travelling in UK. The online travel market is projected to grow at a CAGR of 1.9% in terms of GTV for the period 2018-2025.
o As per We Are Social Statistical Database, UK was evaluated with a total of 45.0 million active social media users therefore, making a social media penetration of 67% and 71.7 million mobile subscription users as of January 2019. The total increase in social media penetration within UK alongside positive growth in the smart phone penetration will further aid in increasing the popularity of digital platforms in the country.
Robust Digital Infrastructure: The well developed digital infrastructure in the country owing to the high internet speed and good connectivity in UK will attract more users towards the digital platforms. The internet users are expected to increase at a CAGR of 2.3% during 2018-2025 leading to the increase in online activities of the people. It was also observed that a U.K. based consumer spends on an average of over GBP 42.0 per transaction to around GBP 110.5 per month transaction and this average is expected to increase over long term. Similarly, an average download speed in UK was evaluated around 49 Mbps where 51Mbps was easily attained in urban areas and about 32 Mbps for rural areas. Growing monthly data volume consumption from 190 GB in 2017 to 240 GB in 2018 indicates growth in future.
Rising Tourism Expenditure in UK: The expectation of increasing inbound traffic in UK will surge the growth of online travelling industry. The tourism expenditure in UK is expected to grow at CAGR of 1.4% during 2018-2025 leading to the growth of number of travel packages and hotel bookings in UK. The country was ranked 7th in terms of inbound tourist traffic and spending. Approximately 37.9 million tourist arrivals have been registered with spending of around GBP 22.9 billion in the year 2018 and the same is expected to increase over long term.
Growing Need for Customization: Rapid technological innovation in the country will create the demand for customization / personalization in the market owing to rapid increase in total social media users and smart phone users which are further expected to increase at a CAGR of 3.8% and 1.9%respectively during 2018-2025 in UK.
Analysts at Ken Research in their latest publication "UK E-Commerce Market Outlook to 2025 - Online Retail (By Product Categories, By Desktop and Mobile Transaction Type, By Gender and By Mode of Payment); Online Travel (By Intermediary and Direct Online Sale and By Desktop and Mobile Booking Type); Online Advertising (By Desktop and Mobile Ad Spend, By Type of Advertising, By Type of Display Advertising, By Sectors and By Advertising Model); Online Movie Ticket Booking; Video Streaming; Music Streaming and Online Gambling" https://www.kenresearch.com/technology-and-telecom/it-and-ites/uk-e-commerce-market-outlook/321671-105.html observed that the market in UK is at a growing stage and it will further witness growth owing to factors such as rising digital advertising spent, increase in number of websites on desktop and mobile and increasing penetration of smartphones across the country. UK E-commerce market including online retail, online travel, online advertising and entertainment space (movie ticket booking, video streaming, music streaming and gambling) is expected to register a positive CAGR of 6.5% in terms of gross merchandise value, 1.9% in terms of gross transaction value, 7.9% in terms of online ad spent, 7.0% in terms of gross transaction value, 8.3% in terms of subscription revenue, 24.2% in terms of subscription revenue and lastly, 7.8% in terms of gross gambling yield respectively during the forecast period 2018-2025.
Key Segments Covered
Online Retail Market:
By Product Category Type (Apparel and Footwear, Beauty and Personal Care, Consumer Appliance, Consumer Electronics, Consumer Health, Food and Drink, Home Care, Home Improvement & Gardening, Homewares/Home Furnishings, Media Products, Personal Accessories and Eyewear, Pet Care, Traditional Toys and Games, Video Games Hardware and Other Internet Retailing)
By Type of Device (Mobile and Desktop)
By Gender (Female and Male)
By Mode of Payment (Cash on Delivery, Debit + Credit Card and Net Banking and M-Wallets)
Online Travel Market:
By Categories (Intermediary Online Sales and Direct Online Sales)
By Type of Device (Desktop Travel Sales and Mobile Travel Sales)
By Intermediary Online Sales (OTA Online Sales to Residents and Other Travel Intermediaries Online Sales to Residents)
By Intermediaries Corporate Business Online Sales & Intermediaries Leisure Online Sales By Direct Online Sales to Residents (Airlines Direct Online Sales, Lodging Direct Online Sales, Car Rental Online Sales and Other Transport Direct Online Sales)
By Intermediary Corporate Business Online Sales (Air Online Sales Only, Lodging Online Sales Only, Car Rental Online Sales Only, Transport Online Sales Only and and Other Online Sales Only)
By Intermediary Leisure Online Sales (Package Holidays Online Sales Only, Air Online Sales Only, Lodging Online Sales Only, Cruise Online Sales Only, Car Rental Online Sales Only, Other Transport Online Sales Only and Other Online Sales Only)
Online Advertising Market:
By Type of Device (Desktop and Mobile)
By Type of Advertising (Paid Search, Display and Online Classifieds and Others include Affiliate Marketing, Email Marketing and Native Advertising)
By Sectors (Retail and Consumer, Automotive, Financial Services, Hospitality, Entertainment and Media and Others include Technology, Education, Sports)
By Type of Display Advertising (Social Media Advertising, Video Advertising and Others include Banner Ads and Sponsored Ads)
By Model (Cost Per Click, Cost Per Mile and Cost Per Action)
Online Movie Ticket Booking Market:
By Type of Device (Desktop and Mobile)
By Gender (Female and Male)
Video Streaming Market:
By Gender (Female and Male)
By Age Group (15-30 years, 31-45 years and 46-55+ years)
Music Streaming Market:
By Gender (Female and Male)
By Age Group (15-30 years, 31-45 years and 46-55+ years)
Online Gambling Market:
By Type of Device (Desktop and Mobile)
By Age Group (21-40 years and 41-55 years)
Key Target Audience
Online Retail Companies
Third Party Websites of Online Retail
Online Travel Companies
Online Advertising Agencies
Online Advertising Platforms
Cinema Theatres
Third Party Movie Ticket Booking Websites
Online Video Streaming Companies and Platforms
Online Music Streaming Companies and platforms
Online Gambling Companies
Time Period Captured in the Report:
Historical Period: 2013-2018
Forecast Period: 2018-2025F
Companies Covered:
UK Online Retail Market:
Amazon.com Inc
eBay Inc
Tesco Plc
J Sainsbury Plc
John Lewis Partnership Plc
UK Online Travel Market:
TUI Travel Plc
Booking.com
Thomas Cook Group Plc
Expedia Group Inc
British Airways Plc
UK Online Advertising Market:
Online Advertising Agencies in UK
Split An Atom
Absolute Digital
Crowd
Bulldog Digital Media
Soap Media
Online Advertising Platforms in UK
YouTube
UK Online Entertainment Market
UK Online Movie Ticket Booking Market:
Odeon Cinema
Showcase Cinema
Reel Cinema
Cineworld Cinema
Vue Cinema
UK Online Video Streaming Market:
Netflix
Amazon Prime Video
NowTV
Disney Life
UK Online Music Streaming Market:
Spotify
Amazon Prime Music
Apple Music
Amazon Music Unlimited Standalone
UK Online Gambling Market:
Bet 365
Paddy Power Betfair
Landbrokes Coral
William Hills
888 Holdings
Key Topics Covered in the Report
UK E-Commerce Industry Overview
UK Online Retail Market
Market Overview and Genesis
Business Models in UK Online Retail Market
U.K. Online Retail Market Size, 2013-2018
UK Online Retail Market Segmentation, 2013-2018
Government Regulations in the U.K. Online Retail Market
Growth Drivers of U.K. Online Retail Market
Trends and Developments in U.K. Online Retail Market
Issues and Challenges in UK Online Retail Market
Competitive Landscape in U.K. Online Retail Market
Company Profiles of Major NBO Companies (Amazon.com Inc, EBay Inc, Tesco plc, J. Sainsbury Plc and John Lewis Partnership plc) Operating in UK Online Retail Market
U.K. Online Retail Market Future Outlook and Projections, 2018-2025F
Failure Case Study
Impact of Brexit on Online Retailers in UK
Analyst Recommendations
UK Online Travel Market
Market Overview and Genesis
Business Models in UK Online Travel Market
U.K. Online Travel Market Size, 2013-2018
UK Online Travel Market Segmentation, 2013-2018
Competitive Landscape in U.K. Online Travel Market
Company Profiles of Major Players (TUI Group, Booking Holding Inc, Thomas Cook Group Plc, Expedia Group Inc and British Airways Plc ) Operating in UK Online Travel Market
U.K. Online Travel Market Future Outlook and Projections, 2018-2025F
Success Case Study in UK Online Travel Market
Impact of Brexit on Travel Industry In UK
Analyst Recommendations
UK Online Advertising Market
Market Overview and Genesis
Value Chain Analysis in UK Online Advertising Market
U.K. Online Advertising Market Size, 2013-2018
UK Online Advertising Market Segmentation, 2013 & 2018
Competitive Landscape in U.K. Online Advertising Market
Customer Profiles
Company Profiles of Online Advertising Agencies (Split an Atom, Absolute Digital Media, Crowd, Bulldog Digital Media and Soap Media) Operating in UK Online Advertising Market
Profiles of Online Advertising Platforms (Google UK, Facebook UK, YouTube UK, Instagram UK and Linkedin UK) Operating in UK Online Advertising Market
U.K. Online Advertising Market Future Outlook and Projections, 2018-2025F
UK Online Advertising Market Segmentation, 2018-2025F
Success Case Study in UK Online Advertising Market
Impact of Brexit on Online Advertising Industry In UK
Analyst Recommendations
UK Online Movie Ticket Booking Market
Market Overview and Genesis
U.K. Online Movie Ticket Booking Market Size, 2013-2018
UK Online Movie Ticket Booking Market Segmentation, 2013 & 2018
Competitive Landscape of U.K. Online Movie Ticket Booking Market
Company Profiles of Online Movie Ticket Booking Companies
U.K. Online Movie Ticket Booking Market Future Outlook and Projections, 2018-2025F
Impact of Brexit On Online Movie Ticket Booking Industry In UK
Analyst Recommendations
UK Video Streaming Market
Market Overview and Genesis
Business Models in UK Video Streaming Market
U.K. Video Streaming Market Size, 2013-2018
UK Video Streaming Market Segmentation, 2018
Competitive Landscape in UK Video Streaming Market
Company Profiles of Subscription Based Video Streaming Companies
U.K. Video Streaming Market Future Outlook and Projections, 2018-2025F
Analyst Recommendations
UK Music Streaming Market
Market Overview and Genesis
Business Models in UK Music Streaming Market
U.K. Music Streaming Market Size, 2013-2018
UK Music Streaming Market Segmentation, 2018
Competitive Landscape in UK Music Streaming Market
Company Profiles of Subscription Based Music Streaming Companies
U.K. Music Streaming Market Future Outlook and Projections, 2018-2025F
Analyst Recommendations
UK Online Gambling Market
Market Overview and Genesis
U.K. Online Gambling Market Size, 2013-2018
UK Online Gambling Market Segmentation, 2018
Competitive Landscape in UK Online Gambling Market
Company Profiles of Major Online Gambling Companies
U.K. Online Gambling Market Future Outlook and Projections, 2018-2025F
Impact of Brexit on Online Gambling Market In UK
Analyst Recommendations
For more information on the research report, refer to below links:
https://www.kenresearch.com/technology-and-telecom/it-and-ites/uk-e-commerce-market-outlook/321671-105.html
Related Reports:
https://www.kenresearch.com/media-and-entertainment/advertising/us-online-advertising-market-outlook-2025/274276-94.html
https://www.kenresearch.com/media-and-entertainment/advertising/singapore-online-advertising-market-research-report/213483-94.html
https://www.kenresearch.com/media-and-entertainment/advertising/oman-online-advertising-market/222336-94.html
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a Global aggregator and publisher of Market intelligence, equity and economy reports. We provides business intelligence and operational advisory in 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies.
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