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Global ECommerce Market 2023 : SWOT Analysis Of Key Driving Factors For Growing CAGR Value | Amazon.com Inc., JD.com Inc., Suning Commerce Group Co. Ltd., Apple Inc., Walmart Inc., Dell Technologies Inc
ECommerce Global Market
The Business Research Company's ECommerce Global Market Report 2023 identifies the Rising internet penetration and the growing use of smartphones are predicted to contribute to the growth of the e-commerce market. The growing usage of the internet and smartphones is shifting consumer preferences towards online shopping.
The global e-commerce market size will grow from $2,837.76 billion in 2022 to $3,183.16 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global e-commerce market size is expected to grow to $4,902.06 billion in 2027 at a CAGR of 11.4%.
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Major players in the e-commerce market are Amazon.com Inc., JD.com Inc., Suning Commerce Group Co. Ltd., Apple Inc., Walmart Inc., Dell Technologies Inc., Vipshop Holdings Ltd., Gome Electrical Appliances Holding Ltd., Macy's Inc., and Otto Group.
A key trend in the ECommerce market includes the Increasing government and companies' initiatives to promote e-commerce sales is a leading trend in the e-commerce market. According to Entracker's news published in April 2022, Indian government launched pilot phase of Open network for digital commerce (ONDC) to democratize e-commerce sector to facilitate e-commerce of small retailers. which is projected to boost the sector's growth in the country.
Read More On The Global ECommerce Market Report Here:
https://www.thebusinessresearchcompany.com/report/ecommerce-global-market-report
The ECommerce market is segmented -
1) By Model Type: Business to Business (B2B), Business to Consumer (B2C)
2) By Payment Mode: Card Payments, Bank Transfers, Digital Wallets, Cash Payments, Other Payment Modes
3) By Application: Home Appliances, Clothing and footwear, Books, Cosmetics, Baby Goods, Groceries, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the ECommerce market.
The Business Research Company's "Global ECommerce Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The ECommerce Market Include:
1. Executive Summary
2. ECommerce Market Characteristics
3. ECommerce Market Trends And Strategies
4. ECommerce Market - Macro Economic Scenario
5. ECommerce Market Size And Growth
……
27. ECommerce Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The ECommerce Market
29. ECommerce Market Future Outlook and Potential Analysis
30. Appendix
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