Africa E-Commerce Market to Record a YoY Growth Rate of 27% | Alibaba Group, Amazon, Avito Holding AB, Bidorbuy, DHL International GmbH and More
Electronic commerce, alternatively referred to as e-commerce, represents online platforms that facilitate commercial transactions of goods or services over the internet. In terms of the business models, they can be categorized into various types, such as business-to-business (B2B), business-to-customer (B2C), customer-to-customer (C2C), customer-to-business (C2B), etc. As compared to conventional brick-and-mortar stores, e-commerce platforms offer multiple advantages, including controlled inventory cost, enhanced profit margins, substantial discounts, hassle-free delivery of goods, etc. Consequently, they are extensively utilized across several sectors, such as retail, travel and tourism, consumer electronics, fast-moving consumer goods (FMCG), and others.
Note: We are updating our reports, If you want the latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you via email within 24 to 48 hours.
Request to get the sample report: https://www.imarcgroup.com/africa-e-commerce-market/requestsample
The rising usage of smart devices and the increasing availability of high-speed internet connectivity is primarily driving the Africa E-commerce market. In addition to this, the shifting consumer preferences from brick-and-mortar retail channels toward online stores for convenient shopping experiences are also positively influencing the market across the region. Besides this, the launch of digital trends in the retail sector for reaching out to a larger consumer base and improving product sales is further stimulating the market growth.
Moreover, the growing inclination among key regional organizations on e-commerce solutions to minimize overhead operational costs and improve business efficiency is acting as another significant growth-inducing factor.
Apart from this, the elevating integration of artificial intelligence, cloud computing, and predictive analytics solutions in the e-commerce segment and the escalating penetration of numerous international players, which is leading to considerable innovations in mobile payment options, delivery solutions, point-of-sale terminals, app-based commercial platforms, etc., are expected to catalyze the Africa e-commerce market over the forecasted period.
E-Commerce Companies in Africa
• Alibaba Group (NYSE: BABA)
• Amazon.com, Inc
• Avito Holding AB
• Bidorbuy.com Inc
• DHL International GmbH
• DealDey Ltd.
• eBay Inc. (NASDAQ: EBAY)
• GumTree.com Limited
• Jiji Press Ltd.
• Jumia Technologies AG
• Konga Online Shopping Ltd.
• Naspers Ltd.
• OLX Group.
You can buy this report directly (Exclusive offer on this report): https://www.imarcgroup.com/checkout?id=3842&method=1
Africa E-Commerce Market 2022-2027 Competitive Analysis and Segmentation:
Africa E-Commerce Market Segmentation:
The report has segmented the Africa e-commerce market on the basis of business model, mode of payment, service type, product type and country.
Based on Business Model:
Baaed on Mode of Payment:
• Payment Cards
• Online Banking
Based on Service Type:
• Digital Content
• Travel and Leisure
Based on Product Type:
• Clothing and Accessories
• Mobiles and Electronics
• Health and Personal Care
Based on Country:
• South Africa
Explore Full Report Description At: https://www.imarcgroup.com/africa-e-commerce-market
Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Browse More Reports:
India Sports and Energy Drinks Market Report: https://www.imarcgroup.com/india-sports-energy-drinks-market
Human Microbiome Market Report: https://www.imarcgroup.com/human-microbiome-market
Anti-Aging Market Report 2022-2027: https://www.imarcgroup.com/anti-aging-market
Organic Baby Food Market Research Report 2022-2027: https://www.imarcgroup.com/organic-baby-food-market
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Africa E-Commerce Market to Record a YoY Growth Rate of 27% | Alibaba Group, Amazon, Avito Holding AB, Bidorbuy, DHL International GmbH and More here
News-ID: 2882306 • Views: 466
More Releases from IMARC Group
Bioenergy Market Report 2023 | Industry Size to Reach 228.1 GW by 2028
According to IMARC Group's latest report, titled "𝐁𝐢𝐨𝐞𝐧𝐞𝐫𝐠𝐲 𝐌𝐚𝐫𝐤𝐞𝐭: 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗧𝗿𝗲𝗻𝗱𝘀, 𝗦𝗵𝗮𝗿𝗲, 𝗦𝗶𝘇𝗲, 𝗚𝗿𝗼𝘄𝘁𝗵, 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 2023-2028", the bioenergy market reached 144.4 GW in 2022. Looking forward, IMARC Group expects the market to reach 228.1 GW by 2028, exhibiting a CAGR of 7.75% during 2023-2028. Bioenergy refers to a form of renewable energy that is generated from organic substances, such as biomass, biogas, and biofuel. It is eco-friendly as it
Automotive Artificial Intelligence Market To Reach US$ 13.53 Billion by 2027 | G …
According to IMARC Group's latest report, titled "𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐀𝐫𝐭𝐢𝐟𝐢𝐜𝐢𝐚𝐥 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗧𝗿𝗲𝗻𝗱𝘀, 𝗦𝗵𝗮𝗿𝗲, 𝗦𝗶𝘇𝗲, 𝗚𝗿𝗼𝘄𝘁𝗵, 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 2022-2027", the automotive artificial intelligence market reached US$ 2.12 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.53 Billion by 2027, exhibiting a CAGR of 33.50% during 2022-2027. Automotive artificial intelligence represents progressive technologies, such as machine learning, deep learning, computer vision, natural language processing, etc., that
Bridge Construction Market To Reach US$ 1,243.7 Million by 2028 | Growth Rate (C …
According to the latest report by IMARC Group, titled "Bridge Construction Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global bridge construction market size reached US$ 921.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,243.7 Million by 2028, exhibiting a growth rate (CAGR) of 4.89% during 2023-2028. Bridge construction is building a structure that spans a physical obstacle, such as
Smart Office Market To Reach US$ 83.2 Billion by 2028 | Growth Rate (CAGR) of 13 …
According to the latest report by IMARC Group, titled "Smart Office Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global smart office market size reached US$ 39.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 83.2 Billion by 2028, exhibiting a growth rate (CAGR) of 13% during 2023-2028. A smart office is a workplace that employs technology to optimize the use
More Releases for Africa
Buildexpo Africa – Largest building and construction exhibition returns to Eas …
Buildexpo Africa is the only show with the widest range of the latest technology in building material, mining machines, construction machinery and heavy equipment. At the latest edition of Buildexpo, East Africa's largest building and construction fair, we bring you exhibitors from over 40 countries who are the finest in infrastructure development. Find what suits you best from about 14.3 million business prospects during the three-day event, with over 10,000 products,
South Africa Agriculture Market, South Africa Agriculture Industry, South Africa …
The South Africa has a market-oriented agricultural economy, which is much diversified and includes the production of all the key grains (except rice), deciduous, oilseeds, and subtropical fruits, sugar, wine, citrus, and most vegetables. Livestock production includes sheep, cattle, dairy, and a well-developed poultry & egg industry. Value-added activities in the agriculture sector include processing & preserving of fruit and vegetables, crushing of oilseeds, chocolate, slaughtering, processing & preserving of
Smart Africa Launches Africa Wide Coordinated Response to the Coronavirus Pandem …
Smart Africa, a bold and innovative commitment from African Heads of State and Government to accelerate sustainable socioeconomic development , has launched a continent-wide technology based coordinated impact response to the coronavirus (COVID-19) pandemic for Africa. Kigali,Rwanda., April 22, 2020 - Smart Africa has launched a continent-wide technology based coordinated impact response to the coronavirus (COVID-19) pandemic for Africa. This response is aimed at bringing together the 30 member states under
Wellness Tourism Market 2019 Future Growth with Worldwide Players: Africawellnes …
Wellness Tourism Market 2019 Industry Research Report provides a detailed Global Wellness Tourism Industry overview along with the analysis of industry’s favorable growth opportunities, the advent of flexible packaging is likely to dampen the market’s growth to an extent. Nevertheless, the increasing number of manufacturers, high demand for management applications, growth of residential & commercial sector and superior strength & corrosion resistance property. Get Sample Copy of this Report -https://www.orianresearch.com/request-sample/904685 Market Overview:
Vizocom Selects iSAT Africa as Its Africa C-band Partner
Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions. Sharjah, UAE, March 02, 2016 -- Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions such as data solutions including C-band VSAT services and
Vizocom Selects iSAT Africa as its Africa C-band Partner
Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions. Sharjah, UAE, February 29, 2016 -- Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions such as data solutions including C-band VSAT services and