How E-commerce Industry is Revolutionizing the Retail Market?

E-commerce Industry Data Book - B2B E-commerce and B2C E-commerce Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

The global E-commerce Industry was valued at USD 13,497.0 billion in 2022 and is anticipated to increase at a significant CAGR of 15.0% from 2023 to 2030.

Grand View Research’s E-commerce industry databook is a collection of market sizing information & forecasts, 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.

Access the Global E-commerce Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

B2C E-commerce Market Growth & Trends

The global B2C e-commerce market size is projected to reach USD 17,770.52 billion by 2030, registering a CAGR of 9.7% from 2023 to 2030, according to a new study by Grand View Research Inc.Within the business-to-consumer (B2C) e-commerce market landscape, the diversification of product groups, assortments, and niche markets has catered to evolving consumer needs, preferences, and lifestyle trends, promoting innovation, differentiation, and competitive edge for businesses operating in the digital marketplace. Physical storefronts, significant brick-and-mortar infrastructure, and associated costs related to overhead are replaced by business-to-consumer (B2C) e-commerce platforms, allowing firms to deploy resources more efficiently, optimize operating expenses, and achieve larger profit margins in a highly competitive marketplace.

Market globalization, trade liberalization initiatives, and improvements in logistics, administration of supply chains, and global shipping facilities present opportunities for the B2C e-commerce market to broaden its reach, enter new markets, and capitalize on underserved consumer segments, thereby unlocking new revenue streams and expansion of B2C e-commerce market options. By embracing innovative strategies, partnership building, and customer-centric approaches, B2C e-commerce market platforms aim to differentiate their product offerings, provide disruptive solutions, and develop distinctive value propositions that stick with changing consumer needs, preferences, and objectives in the age of digital media. Integrating social media platforms, interactive elements, and shoppable content into B2C e-commerce market platforms enables seamless social commerce experiences, promotes viral marketing, and leverages user-generated content, amplifying brand visibility, involvement, and rates of conversion while fostering community-building and promoting the brand in the interconnected digital ecosystem.

Order your copy of the Free Sample of “E-commerce Industry Data Book - B2B E-commerce and B2C E-commerce Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

B2B E-commerce Market Growth & Trends

The global B2B e-commerce market was valued at USD 7,904.0 billion in 2022 and is projected to grow at a CAGR of 22.8% from 2023 to 2030. COVID-19 pandemic has accelerated the demand for e-commerce during a period of slow economic activity. In the first half of 2020, the pandemic affected several businesses across the globe. With stay-at-home constraints, numerous customers and organizations went digital to buy and sell goods and services online. Moreover, companies have been participating in/renewing partnerships with various vendors aimed at enabling the e-commerce companies to offer a better product range, enabling the companies to gain better traction in the market. For instance, In November 2022, Cartona renewed its partnership with Beyti (based in Egypt juice, milk, and other dairy products), which enabled Beyti to showcase its 94 products on the Cartona e-commerce platform.

Flexible payment options favor business owners. The changing B2B buyer behavior and a strong emphasis on streamlining purchasing processes are prompting B2B e-commerce companies. This, in turn, offers payment methods, such as third-party payments and mobile wallets, as part of their efforts to make B2B transactions more convenient. Moreover, e-comm companies have been involved in partnerships aimed at improving B2B e-comm payments, such initiatives have also been driving the growth of this market during the forecast period. For instance, in December 2022, Market Time LLC had partnered with Balance Payments, Inc. (Israel-based B2B payment platform) aimed at launching B2B payment solution. The partnership will enable Market Time to integrate Balance’s mtPay, which enables easy processing of pain points, and reduced cost, and time.

Go through the table of content of E-commerce Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Key players operating in the E-commerce Industry are:

• Alibaba Group Holding Limited
• Amazon, Inc.
• Apple Inc.
• Best Buy
• eBay Inc.

Check out more Industry Data Books, published by Grand View Research

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.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com/sector-reports-list
Follow Us: LinkedIn | Twitter

E-commerce Industry: B2C E-commerce Market Size to grow at a CAGR of 9.7% by 2030

E-commerce Industry Data Book - B2B E-commerce and B2C E-commerce Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

The global E-commerce Industry was estimated at USD 13,497.0 billion in 2022 and is anticipated to increase at a significant CAGR of 15.0% from 2023 to 2030.

Grand View Research’s E-commerce industry databook is a collection of market sizing information & forecasts, 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.

B2B E-commerce Market Insights

The global B2B e-commerce market was valued at USD 7,904.0 billion in 2022 and is projected to grow at a CAGR of 22.8% from 2023 to 2030. COVID-19 pandemic has accelerated the demand for e-commerce during a period of slow economic activity. In the first half of 2020, the pandemic affected several businesses across the globe. With stay-at-home constraints, numerous customers and organizations went digital to buy and sell goods and services online. Moreover, companies have been participating in/renewing partnerships with various vendors aimed at enabling the e-commerce companies to offer a better product range, enabling the companies to gain better traction in the market. For instance, In November 2022, Cartona renewed its partnership with Beyti (based in Egypt juice, milk, and other dairy products), which enabled Beyti to showcase its 94 products on the Cartona e-commerce platform.

Flexible payment options favor business owners. The changing B2B buyer behavior and a strong emphasis on streamlining purchasing processes are prompting B2B e-commerce companies. This, in turn, offers payment methods, such as third-party payments and mobile wallets, as part of their efforts to make B2B transactions more convenient. Moreover, e-comm companies have been involved in partnerships aimed at improving B2B e-comm payments, such initiatives have also been driving the growth of this market during the forecast period. For instance, in December 2022, Market Time LLC had partnered with Balance Payments, Inc. (Israel-based B2B payment platform) aimed at launching B2B payment solution. The partnership will enable Market Time to integrate Balance’s mtPay, which enables easy processing of pain points, and reduced cost, and time.

Order your copy of the Free Sample of “E-commerce Industry Data Book - B2B E-commerce and B2C E-commerce Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

B2C E-commerce Market Insights

The global B2C e-commerce market size was valued at USD 4.39 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.7% from 2023 to 2030. The growth can be attributed to rising disposable income, global per capita income, and expanding internet penetration. The increasing technological adoption, accompanied by the easy availability of smartphones, has enabled the e-commerce sector to be more reachable and efficient. The increasing use of social networks further drives the demand for online purchasing of various products and services. The market is expected to witness high growth over the forecast period, mainly due to growing digital dependency and the convenience of shopping on online platforms. It has evolved amid a busy lifestyle and an overabundance of options available to shop from the comfort of home.

Convenience is the major factor driving the growth of the overall online shopping industry. Customers can find their interested products by visiting the website and gaining additional insights on various products. The market is witnessing a paradigm shift toward m-commerce from e-commerce, as customers increasingly use smartphones to purchase goods and services online. The lack of an organized offline retail sector is also driving growth on a global scale.

Go through the table of content of E-commerce Industry Data Book to get a better understanding of the Coverage & Scope of the study

E-commerce Industry Data Book Competitive Landscape

Companies in the market have engaged in partnerships, mergers & acquisitions to capture the market. Adopting new technologies by the e-commerce platforms plays a major role in enhancing the customer experience, which has contributed to the growth.

Key players operating in the E-commerce Industry are:

• Alibaba Group Holding Limited
• Amazon Inc.
• Apple Inc.
• Best Buy
• eBay Inc.

Check out more Industry Data Books, published by Grand View Research

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. 

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com/sector-reports-list
Follow Us: LinkedIn | Twitter

E-commerce Industry Growth is driven by A Strong Emphasis on Streamlining Purchasing Processes

E-commerce Industry Data Book - B2B E-commerce Market and B2C E-commerce Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

Grand View Research’s E-commerce industry databook is a collection of market sizing information & forecasts, 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.

Access the Global E-commerce Industry Data Book, 2022 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.

B2B E-commerce Market Report Highlights

The global B2B e-commerce market was valued at USD 7,904.0 billion in 2022 and is projected to grow at a CAGR of 22.8% from 2023 to 2030.

• COVID-19 pandemic has accelerated the demand for e-commerce during a period of slow economic activity. In the first half of 2020, the pandemic affected several businesses across the globe.
• With stay-at-home constraints, numerous customers and organizations went digital to buy and sell goods and services online.
• Moreover, companies have been participating in/renewing partnerships with various vendors aimed at enabling the e-commerce companies to offer a better product range, enabling the companies to gain better traction in the market.
• The changing B2B buyer behavior and a strong emphasis on streamlining purchasing processes are prompting B2B e-commerce companies.

Order your copy of 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

B2C E-commerce Market Report Highlights

The B2C service segment of the e-commerce market by model type was estimated to be USD 4,398.9 billion in 2022 and is expected to have a CAGR of 9.7% during the forecast period 2023-2030.

• The percentage of e-shoppers across the world has been increasing over the years across regions. Moreover, the number of internet users has also been on the high side in the past years.
• The B2C segment will hold the largest market share by model type in 2022. The segment's growth can be attributed to many regional/country-based e-commerce companies.
• Such companies also have high revenue in the respective region/country. For instance, Flipkart.com (acquired by Walmart) platform operating in India, witnessed 1 billion visits and 35 million app downloads during the annual flagship sales, which took place in September 2022.
• The presence of such regional companies will gain better acceptance among the local population, further driving the growth of the B2C segment of the e-commerce market during the forecast period.

Go through the table of content of E-commerce Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Shopify Inc. Companies in the market have engaged in partnerships, mergers & acquisitions to capture the market. For instance, in July 2022, Shopify Inc partnered with YouTube to offer merchants new pathways for reaching customers. Shopify merchants can sell their products to users via YouTube shorts and live and video-on-demand content. Such initiatives enable wider research on e-commerce companies, driving the growth of the e-commerce market.

Key players operating in the E-commerce industry are:

• Alibaba Group Holding Limited
• Amazon Inc.
• Apple Inc.
• Best Buy
• eBay Inc.
• Mercado Libre
• Otto Group
• Shopify Inc.
• Walmart

Check out more Industry Data Books, published by Grand View Research

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.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com/sector-reports-list
Follow Us: LinkedIn | Twitter

E-commerce Payment Market Segmentation by Top Players, Users and Application

Global e-Commerce payment market is anticipated to witness an exponential growth in the forecast period. e-Commerce Payment implies transactions that occur while selling or buying online. Electronic commerce payment constitutes electronic funds transfer, mobile commerce, Internet banking, electronic data interchange (EDI), automated data collection systems, and online transaction processing.

The factors that propel the growth of the market include increasing preference for making online payments, growing acceptance of smartphones, growing banking population, rapid digitalization, and technological advancement. On the other hand, there are factors that may hamper the growth of the market including privacy and security concerns. E-Commerce payment market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Increasing mobile biometrics for payments is an emerging trend in the e-Commerce payment market. As per the current market situation, use of mobile devices for conducting e-Commerce and financial transactions has improved significantly. Thus, rising trend is important towards the innovation of biometrics technologies such as voice recognition, fingerprint recognition, iris recognition, keystroke recognition, facial recognition, and signature recognition.

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Market could be explored by type, application, and geography. Market could be explored by type as direct debits, Real-time bank transfers & offline bank transfers, Cash on delivery, Digital wallets, E-invoices, Prepay, Post-pay, Debit cards, Pre-paid cards, Charge cards, and Credit cards.

The key applications that could be explored in the market include Bank transfer, Cards, Direct debits, Mobile, and E-wallets. The “Cards” segment led the e-Commerce payment market in 2017 and will continue to lead in the forecast period. The key factors that may be attributed to the growth of the market include steady reduction in the shares and e-wallets and increasing demand.

North America accounted for the major share of the market in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include governing compliance, rising demand for secure payment methods, and easy usability. North America is followed by the Asia-Pacific region owing to presence of youth populace, rapidly growing economies, substantial growth in the spending capacity, and advancement in the e-Commerce technologies.

Some of the key players that fuel the growth of the e-Commerce payment market comprise Amazon Payments, Inc., PayPal Holdings, Inc., We Pay Inc., CCBill, LLC, Visa, Inc., Alipay, Stripe Inc., MasterCard Incorporated, UnionPay International Co., Ltd., and American Express Company. The leading companies are taking up strategies such as partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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