Press release
Africa E-Commerce Market Size, Industry Analysis, Growth Opportunities, and Forecast - 2028
Africa E-Commerce Market Size, Industry Analysis, Growth Opportunities, and Forecast - 2028
Market Size, CAGR and Froecast Value: 2023-2028
The Africa e-commerce market size reached US$ 241.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 567.6 Billion by 2028, exhibiting a growth rate (CAGR) of 15.3% during 2023-2028.
E-commerce or electronic commerce is the process of buying and selling goods and services through the internet. It also allows the transfer of money as well as data to complete the transaction. E-commerce platforms are increasingly used by firms and individuals to execute businesses online. Books, music, plane tickets, stock investing, and online banking are common products and services available through e-commerce. In Africa, the increasing demand for smartphones, tablets, computers and laptops has led to the emergence of e-commerce platforms. These mediums act as a digital version of mail-order shopping catalogs, making every imaginable product and service available to consumers.
Report Sample: https://www.imarcgroup.com/africa-e-commerce-market/requestsample
Market Trends and Growth Drivers:
The Africa e-commerce market is primarily driven by the growing penetration of the internet and smart devices. Besides this, improved internet connectivity across Africa due to rapid urbanization has also encouraged consumers to shift their preference from physical brick-and-mortar shops to e-commerce. It enables a business to continue without the need for a physical presence. In addition to this, the spread of the coronavirus disease (COVID-19) pandemic across the region escalated the demand for e-commerce platforms as governments of various countries have imposed strict lockdown and social distancing measures to combat the spread of the virus.
Furthermore, the decreasing overhead operational costs and improving efficiency provided by e-commerce solutions are expected to bolster the market growth in the coming years.
Some of the Top Key Players Operating in the Market are Given Below:
• 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.
Speak to an Analyst Or Inquire Before Buying: https://www.imarcgroup.com/request?type=report&id=3842&flag=C
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Business Model:
• B2C
• B2B
• C2C
• Others
Breakup by Mode of Payment:
• Payment Cards
• Online Banking
• E-Wallets
• Cash-On-Delivery
• Others
Breakup by Service Type:
• Financial
• Digital Content
• Travel and Leisure
• E-Tailing
• Others
Breakup by Product Type:
• Groceries
• Clothing and Accessories
• Mobiles and Electronics
• Health and Personal Care
• Others
Breakup by Country:
• South Africa
• Nigeria
• Egypt
• Morocco
• Kenya
• Others
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• 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.
Contact US
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/
About Us
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.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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:
Copy
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 Size, Industry Analysis, Growth Opportunities, and Forecast - 2028 here
News-ID: 3189726 • Views: …
More Releases from IMARC Group
Pre-Cut Veggies Manufacturing Plant Setup Report 2025: Machinery, Utilities & Co …
Pre-cut vegetables are fresh vegetables that have been washed, peeled, chopped, sliced, or diced and packaged for immediate use. They save time for consumers, restaurants, and food service providers by eliminating the need for manual preparation, while maintaining freshness, hygiene, and convenience. Common pre-cut veggies include carrots, bell peppers, onions, cabbage, and leafy greens, often sold in sealed bags or containers.
Setting up a pre-cut vegetable manufacturing plant involves sourcing quality…
Philippines Digital Wallet Market to Reach USD 61.8 Billion by 2033
The latest report by IMARC Group, "Philippines Digital Wallet Market Size, Share, Trends and Forecast by Type, Deployment Type, Industry Vertical, and Region, 2025-2033," provides an in-depth analysis of the Philippines digital wallet market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Philippines digital wallet market size reached USD 11.6 billion in 2024 and is projected to grow to USD…
Australia Foreign Exchange Market to Surge to USD 323.32 Billion From 2025 to 20 …
The latest report by IMARC Group, "Australia Foreign Exchange Market Size, Share, Trends and Forecast by Counterparty, Type, and Region, 2025-2033," provides an in-depth analysis of the Australia foreign exchange market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Australia foreign exchange market size reached USD 160.4 billion in 2024 and is projected to grow to USD 323.32 billion by…
Australia Stock Market Expected to Reach USD 114.4 Million During 2025-2033 | Ex …
The latest report by IMARC Group, "Australia Stock Market Size, Share, Trends and Forecast by Market Capitalization, Industry Sectors, and Region, 2025-2033," provides an in-depth analysis of the Australia stock market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Australia stock market size reached USD 72.9 million in 2024 and is projected to grow to USD 114.4 million by 2033,…
More Releases for Africa
ONShine Africa Awareness Expands Through ONSAFX and Develop Africa Partnership
ONSA FX, a forex broker licensed by South Africa's Financial Sector Conduct Authority (FSCA), is extending its social impact through a strategic partnership with Develop Africa, under the umbrella of its social responsibility platform, ONShine Africa. This collaboration focuses on delivering critical educational support to children across Africa and reinforcing ONSA FX's commitment to sustainable development through long-term, values-based initiatives.
Develop Africa is a respected nonprofit organization founded in 2006 with…
Zetu Africa: Designing a Sustainable Future for Education Across Africa
In the heart of Kampala, Uganda, lies a bustling hub of creativity and purpose: Zetu Africa [https://www.zetuafrica.org/]. This award-winning design company has garnered acclaim not only for its stunning products but also for its unwavering commitment to social and environmental impact. At the core of Zetu's ethos is the belief that design can be a powerful force for positive change, and this belief is reflected in everything they do.
Image: https://www.abnewswire.com/uploads/83a984ca8ea183848376ae0ab0fea376.jpg
The…
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…
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…
