E-commerce Industry Data Book - B2B E-commerce Market and B2C E-commerce Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030
The global E-commerce market was valued at USD 13,497.0 billion in 2022 and is projected to grow at a CAGR of 12.0% from 2023 to 2030.
E-commerce Industry Data Book Coverage-
E-commerce Industry Data Book Coverage Snapshot
Markets Covered | |
E-commerce Industry USD 13.497 billion in 2022 15.0% CAGR (2023-2030) | |
B2B E-commerce Market Size USD 7,904.0 billion in 2022 22.8% CAGR (2023-2030) | B2C E-commerce Market Size USD 4,378.9 billion in 2022 9.7% CAGR (2023-2030) |
Access the Global E-commerce Industry Data Book, 2023 to 2030, compiled with details like market sizing information forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory technological framework studies
B2C E-commerce Market Growth Trends
The global B2C e-commerce market size is anticipated to reach USD 7.65 trillion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.7% over the forecast period. The increasing disposable income level, escalating usage of internet and smartphones, and an increasing number of online shoppers are expected to drive the market growth. Online goods and service providers offer various options to their customers, such as vast product portfolio, discounted price rates, convenient payment methods, same-day delivery, and easy return policies while purchasing any goods or services, resulting in growing customer preference toward e-commerce platforms.
The General Agreement on Trade in Services (GATS) provides the rules and regulations governing international trade in services, with significant implications for e-commerce. The anti-Spam Law is placed to protect consumers from receiving unsolicited marketing material. Although online businesses collect information from consumers, they are legally prohibited to spam people's inboxes without their consent. Technological advancement supported by increasing usage of Artificial Intelligence (AI) is providing customers with a real-time shopping experience. For instance, Augmented Reality (AR) technology offers customers ‘virtual changing rooms’ wherein customers can try a product virtually.
The rapid evolution of e-commerce has brought numerous opportunities to both nascent as well as established players in the market. However, online payment processes have witnessed few challenges in the recent past. The interconnected and instantaneous nature of online payment channels has increased vulnerability towards cybercrime, digital frauds, and other malpractices. To overcome these cybersecurity concerns, it is essential to emphasize service security and the protection of consumer’s data.
Order your copy of the Free Sample of “E-commerce Industry Data Book - B2B E-commerce Market and B2C E-commerce Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research
Competitive Landscape
Key players operating in the e-commerce industry are –
- Alibaba Group Holding Limited,
- Amazon.com, Inc.,
- Apple Inc.,
- Best Buy,
- eBay Inc.,
- Shopify Inc.
Grand View Research’s e-commerce Industry data book is a collection of market sizing information forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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