Key Trend Reshaping the E-Commerce Market in 2025: 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

What combination of drivers is leading to accelerated growth in the e-commerce market?
The expansion of the e-commerce market is expected to be driven by the increase in internet usage and the surge in smartphone ownership. Consumer behavior is altering due to the increasing accessibility of the internet and smartphones, steering people towards online shopping. To exemplify, Uswitch Limited, a UK-based firm that provides price comparison and switching services, revealed in February 2023 that 86% of people in the UK used the internet through mobile devices in 2022. Predictions also suggest that smartphone ownership in the UK will reach 95% of the population by 2025.

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What is the projected compound annual growth rate (CAGR) of the e-commerce market from 2025 to 2034, and what factors influence it?
The expansion of the e-commerce market has been swift and impressive in the past few years. The sector is set to enlarge from a worth of $4490.17 billion in 2024 to $5060.7 billion in 2025, boasting a compound annual growth rate (CAGR) of 12.7%. This remarkable growth during the historic phase is attributable to factors such as the proliferation of the internet, changing consumer habits, the availability of secure methods of payment, widespread use of mobile devices and apps, as well as globalization and overseas commerce.

Anticipated rapid expansion of the e-commerce market size is projected over the coming years, ballooning to a substantial $7856.66 billion by 2029 with a compound annual growth rate (CAGR) of 11.6%. This promising growth during the forecast period can be credited to a variety of factors including marketplace diversification, the rise of the subscription economy, innovative payment solutions, ethical and sustainable consumerism, and the broadening of AR and VR integration. Key trends to look out for during the forecast period encompass the merge of social commerce, the ascendancy of mobile commerce, personalized shopping experiences, the prevalence of subscription-based models, and the emergence of omnichannel retailing.

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How are the latest trends influencing the growth of the e-commerce market?
The growing trend in the e-commerce market is being driven by heightened efforts from both the government and corporations to encourage online sales. In April 2022, Entracker reported the commencement of the Open Network for Digital Commerce's trial phase by the Indian government. This initiative aims to level the playing field in the e-commerce sector, particularly benefiting small retailers, and is anticipated to stimulate the sector's expansion in the nation.

What are the major segments of the e-commerce market and their role in driving growth?
The e-commerce market covered in this report 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

Subsegments:
1) By Business To Business (B2B): Wholesale marketplaces, Supplier-Distributor Platforms, Procurement Services, B2B Subscription Services
2) By Business To Consumer (B2C): Online Retail Stores, Direct-To-Consumer Brands, marketplaces, Online Service Platforms

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Which regions are key players in the growth of the e-commerce market?
North America was the largest region in the e-commerce market in 2024. Asia-Pacific was the second largest region in the global e-commerce market share. The regions covered in the e-commerce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the key firms paving the way for growth in the e-commerce market?
Major companies operating in the e-commerce market include Walmart Inc., Amazon.com Inc., Apple Inc., JD.com Inc., Target Brands Inc., Dell Technologies Inc., PayPal Holdings Inc., Macy's Inc., Pinduoduo Inc., Vipshop Holdings Ltd., Carvana Co., Wayfair LLC, Zalando SE, MercadoLibre Inc., Suning Commerce Group Co. Ltd., eBay Inc., Chewy Inc., Flipkart Private Limited, Shopify Inc., Etsy Inc., Best Buy Canada Ltd., Gome Electrical Appliances Holding Ltd., Farfetch Limited, Otto Group, Myntra Fashion Technologies Private Limited, BigCommerce Pty. Ltd., Lenskart Solutions Private Limited, Alibaba Group, Snapdeal Limited, VTEX Commerce, Magento Commerce Inc., PrestaShop S.A., Big Cartel LLC, Volusion LLC, Squarespace Inc., Weebly Inc., Shift4Shop Inc., Miva Inc.

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What Is Covered In The E-Commerce Global Market Report?

•Market Size Forecast: Examine the e-commerce market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the e-commerce market for a structured understanding.
•Key Players Overview: Analyze major players in the e-commerce market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the e-commerce market.
•Segment Contributions: Evaluate how different segments drive overall growth in the e-commerce market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the e-commerce market.
•Industry Challenges: Identify potential risks and obstacles affecting the e-commerce market.
•Competitive Landscape: Review strategic developments in the e-commerce market, including expansions, agreements, and new product launches.

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