Dublin, June 09, 2021 (GLOBE NEWSWIRE) – The “e-commerce market by business model, navigation medium, payment method (card payment, bank transfer, digital wallet), offer (travel, electronics, beauty and fashion, household, Pharmaceuticals, Food & Beverages) and Region – Global Forecast to 2027 “has been added to ResearchAndMarkets.com offer.
The global e-commerce market is expected to reach $ 16,215.6 billion by 2027, growing at a CAGR of 22.9% during the forecast period of 2020 to 2027.
This market is primarily driven by the growing penetration of the internet and smartphones, the growing reliance on social media to promote e-commerce platforms, the growth of omnichannel business models, and the advent of new payment methods. Moreover, the automation of e-commerce offers immense growth opportunities for the players operating in the e-commerce market.
Highlights of the report
- Based on the business model, the horizontal e-commerce models segment held the largest share of the overall e-commerce market in 2020.
- On the basis of browsing support, the desktop / laptop segment accounted for the largest share of the overall e-commerce market in 2020.
- On the basis of payment method, the card payments segment held the largest share of the e-commerce market in 2020.
- On the basis of supply, the beauty and fashion segment accounted for the largest share of the global e-commerce market in 2020.
- Geographically, the Asia-Pacific region held the largest share of the overall e-commerce market in 2020.
Key questions answered in the report
- What are the high-growth market segments in terms of navigation support, payment method, business model, offer and country?
- What is the historical e-commerce market in the world?
- What are the market forecasts and estimates for the period 2020-2027?
- Who are the main players in the different countries and what market share do they have?
- What are the recent developments in the global e-commerce market?
- What are the different strategies adopted by the major players in the global e-commerce market?
- What are the geographic trends and high growth countries?
- Who are the emerging local players in the global e-commerce market and how do they compete with other players?
Market environment
Regulatory Analysis
North America
- Children’s Online Privacy Protection Act (COPPA)
- Cyber Squatting Consumer Protection Act (CAPA)
- Electronic Funds Transfer Act (Eft)
- Gramm-Leach-Bliley Act (GLB)
- Federal Law on Information Security Management (FISMA)
- Uniform Electronic Commerce Act
Europe
- Electronic Commerce Regulation 2002 (EC Directive)
- Data Protection Act 1998
- Distance Selling Act, 2000
- ICO Cookie Law
Asia Pacific
- Contract law and electronic signature law
- Consumer Rights and Interests Protection Act
- Cybersecurity law
- Electronic signature law
- Consumer Contract Law (Law No. 61 of May 12, 2000)
- Law on Specified Commercial Transactions (Law No. 57 of June 4, 1976)
- Law on the Protection of Personal Information (Law No. 57 of May 30, 2003)
- Law on the Regulation of the Transmission of Specified E-mails (Law No. 26 of April 17, 2002)
- Framework law on electronic documents and transactions
- The Information Technology (IT) Act 2000
- Electronic Transactions Act 1999
Rest of the world
- Electronic contracts
- Brazilian Code of Consumer Protection and Defense (Law 8 078/1990)
- Brazilian Internet Law (Law 12.965 / 2014).
- Electronic Transactions and Commerce Act (Federal Act No. (1) of 2006)
- Communications and Electronic Transactions Act (ECT)
- Privacy Act (POPIA)
Supply chain analysis
Pestel analysis
Porter’s Five Forces Analysis
Global e-commerce market trends and strategies
- Big Data in e-commerce
- Cloud-based e-commerce platforms
- Same day deliveries
- E-commerce businesses investing in brick and mortar stores
- M-Commerce in Electronic Commerce
Market Snapshot
Conductors
- Growing penetration of the Internet and smartphones
- Growing use of social media and social commerce
- Growth of the omnichannel business model
- Advancement of several payment methods
Constraints
- Online fraud and cybersecurity issues
Opportunities
- E-commerce automation
- Expansion of cross-border e-commerce
Challenges
- Local laws and legislation affecting cross-border e-commerce
- Confidence deficit due to lack of touch and experience
Tendencies
- Use of augmented reality and virtual reality in e-commerce
- On-site personalization and personalized experience
Impact of Covid-19 on the e-commerce market
Company Profiles
- Amazon.com Inc. (US)
- Alibaba Group Holding Limited (China)
- Walmart Inc. (United States) The Home Depot Inc. (United States)
- JD.com Inc. (China)
- Rakuten Inc. (Japan)
- Otto GmbH & Co KG (Germany)
- Zalando SE (Germany)
- Priceline.com (United States)
- B2W Digital (Brazil)
- Groupon Inc. (United States)
- Inter Ikea Systems BV (The Netherlands)
- Costco Wholesale Corporation (United States)
- Shopify Inc. (United States)
- Wayfair Inc. (United States)
- Suning.Com Co. Ltd. (China)
- Best Buy Co. Inc. (United States)
- Tesco Plc (United Kingdom)
For more information on this report, visit https://www.researchandmarkets.com/r/ds1dwi
