Press release
Home Shopping Market 2024-2033 : Market Size, Top Segments, Leading Region Forecast
Home Shopping Market Trends
As per the report, the home shopping market size has grown rapidly in recent years. It will grow from $4,344.28 billion in 2023 to $5,003.96 billion in 2024 at a compound annual growth rate (CAGR) of 15.2%. The home shopping market size is expected to see rapid growth in the next few years. It will grow to $8,886.95 billion in 2028 at a compound annual growth rate (CAGR) of 15.4%.
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What Is Driving The Growth Of The Global Home Shopping Market?
The Role Of Increasing E-Commerce Activities In Propelling The Home Shopping Market
The increasing e-commerce activities are expected to propel the growth of the home shopping market going forward. E-commerce, also known as electronic commerce, refers to the buying and selling goods and services over the internet. The increasing e-commerce activities are due to the widespread availability of high-speed internet, improved logistics and shipping solutions, and increasing secure and efficient online payment gateways. E-commerce platforms can offer a superior and convenient shopping experience, attract a broader customer base, and optimize their operations for growth and efficiency.
What Is The Key Trend In The Global Home Shopping Market?
Technological Advancements In Home Shopping With Immersive Digital Shopping Experience
Major companies operating in the home shopping market are focused on technological advancements, such as immersive digital shopping experiences, to explore and buy products from the comfort of their homes. An immersive digital shopping experience is a multi-sensory experience that combines various interactions to create intuitive and emotional value for the user. This type of experience can be presented through different interfaces, including flat screens, natural interfaces (voice, spatial, gesture-based, auditory, or olfactory), and extended reality (3D, augmented, virtual, or mixed reality) technologies.
How Is The Global Home Shopping Market Segmented?
The home shopping market covered in this report is segmented -
1) By Product Type: Groceries, Apparels And Accessories, Footwear, Personal And Beauty Care, Furniture And Home Décor, Electronic Goods, Other Product Types
2) By Payment Mode: Card Payments, Digital Wallets, Bank Transfers, Cash Payments, Other Payment Modes
3) By market Type: Teleshopping, E-Commerce And Mobile Shopping, Other market Types
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How Is The Competitive Landscape Of The Global Home Shopping Market?
Major companies operating in the home shopping market are Walmart Inc., Amazon.com Inc., JD.com Inc., Alibaba Group Holding Limited, Majid Al Futtaim, eBay Inc., Flipkart Private Limted, HSE Home Shopping GmbH, Croma, Vaibhav Global Limited, Meesho, Naaptol Company, Shop LC, Hammacher Schlemmer, American Swan, ShopHQ, HomeShop18, Ubuy, Koovs PLC, Tata Cliq, Planet Shopping, Sears, Roebuck and Co.
Contents Of The Global Home Shopping Market
1. Executive Summary
2. Home Shopping Market Report Structure
3. Home Shopping Market Trends And Strategies
4. Home Shopping Market - Macro Economic Scenario
5. Home Shopping Market Size And Growth
…..
27. Home Shopping Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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