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Explosive Growth Ahead: Global Retail E-Commerce Market Expected to Reach $5780.56 Billion by 2029 Driven by Mobile Commerce and AI Innovations
Explosive Growth Ahead: Global Retail E-Commerce Market
What Is The Projected Market Size Of The Global Retail E-Commerce Global Market Report 2025 And Its Growth Rate?
• The retail e-commerce market size is expected to grow from $3317.41 billion in 2024 to $3674.9 billion in 2025 with a compound annual growth rate (CAGR) of 10.8%.
• Rapid growth in the forecast period is expected. By 2029, the market will swell to $5780.56 billion (CAGR 12.0%).
• Growth drivers include mobile commerce, personalized shopping experiences, sustainable practices, supply chain optimization, and economic trends.
What Is Driving The Growth In The Retail E-Commerce Global Market Report 2025?
The growth of the retail e-commerce market is significantly accelerated by the increased usage of smartphones. These handheld devices, integrated with computers and an operating system, facilitate the buying and selling of goods and services. Data from the Consumer Technology Association (CTA), a US-based trade organization, reveals that smartphone shipments are projected to reach 154.1 million units with $74.7 billion in revenues in 2022, marking a 3% growth from 2021. This demonstrates the pivotal role of smartphones in propelling the retail e-commerce market.
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Who Are the Key Players Driving Retail E-Commerce Global Market Report 2025 Growth?
• Walmart Inc.
• Amazon.com Inc.
• Apple Inc.
• Costco Wholesale Corporation
• The Home Depot Inc.
• The Kroger Co
• Alibaba Group Holding Ltd.
• Target Corporation
• Dell Technologies Inc.
• Albertsons Companies Inc
• Best Buy Co Inc.
• Inter IKEA Systems B.V.
• Hewlett-Packard Company
• Macy's Inc.
• Coupang Corp
• Otto GmbH & Co KG
• Nordstrom Inc.
• Wayfair Inc.
• Rakuten Group Inc.
• eBay Inc.
• Shopify Inc.
• Etsy Inc.
• IndiaMART InterMESH Ltd.
• IKEA AB
• Ebates Inc.
• Taobao
• Clues Network Pvt Ltd.
What Are The Key Trends In The Retail E-Commerce Global Market Report 2025?
• Live commerce and shoppable livestreams
• Personalization through AI and machine learning
• Contactless payment solutions
• Localization and hyper-local e-commerce
• Ephemeral content and limited-time offers.
What Are The Segments Of The Global Retail E-Commerce Global Market Report 2025?
• By Type: Pure marketplace, Hybrid marketplace, Brand, Retail Chain
• By Sector: Organized, Unorganized
• By Distribution Channel: Super markets & Hyper markets, Convenience Stores, Specialty Stores, Department Stores, E-Commerce, Other Distribution Channels
Which Region Leads The Retail E-Commerce Global Market Report 2025?
Asia-Pacific was the largest region in the retail e-commerce market in 2024. Along with Asia-Pacific, other regions covered in the retail e-commerce market report are Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Retail E-Commerce Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Retail E-Commerce Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Retail E-Commerce Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Retail E-Commerce Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Retail E-Commerce Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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