The latest report on E-Commerce Market by Infinium Global Research gives complete coverage of the E-Commerce Market by in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and applications trends in the regional markets of E-Commerce such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
“Infinium Report Evaluates the Impact of COVID-19 on E-Commerce Market the period of 2020-25”
We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report Shall be Revised to 2020-2026.The Section on the Impact of COVID-19 on this Market is Included in the Report for Free.
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Factors Driving the Growth of E-Commerce Market Includes Decreasing the Cost of Communication, Infrastructure, and Another Related Cost
E-commerce is the activity of buying or selling of products through online services or over the Internet. E-commerce consist of online goods and services such as software; e-books, marketplace services such as e-wallet, retail services such as ordering foods, and customer support. E-commerce is further classified on the basis of the dealing parties such as B to B, B to C, C to C, and C to B, or through distribution channels adopted by them that includes brick-&-click, pure click, or click-to-brick. Travel & leisure, financial services, e-tailing, digital content, and other well-known online services in the wide range of e-commerce are gathering momentum with enlarged internet use.
Factors driving the growth of e-commerce market includes decreasing the cost of communication, infrastructure, and another related cost, and also, the use of e-commerce that helps in speeding up in the transactions by removing many unwanted intermediaries. Furthermore, customer interaction, customer interaction and marketing forces boost the e-commerce market.
In addition to this, women preferring online shopping and augmented impact of social networking on society is fueling the growth of this market. Increasing internet penetration, better economic performance, the rise in digital literacy, an increase in awareness about the benefits of online trading are some of the factors that are increasing the market growth.
Shopping websites permit the consumers to create multiple payment options with the help of debit and credit cards, net banking, electronic wallets, cash on delivery and cryptocurrency that provides convenience to users for the payment of the products. It also helps in tracking the consumer’s loyalty, as several e-commerce companies are introducing various incentives such as free shipping to customers, free exchange and return policies to grow their brand proposal and this results in the growth of e-commerce market.
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“’We have Decided to Extend our Support to the Industry on Account of Corona Outbreak by Offering Flat Discount 30% on All Our Studies and Evaluation of the Market Dynamics in E-Commerce Market Amidst COVID-19.”
One of the Latest Trend Observed in the E-Commerce Market is Social Media Advertising
One of the latest trend observed in the e-commerce market is social media advertising. This not only allows advertisers to use display banner but also sponsor the content to attract the consumers. However, on the flip side, mechanical failures and delay in the supply chain can cause unpredictable effects on the total processes and these factors hamper the growth of the e-commerce market.
Among the geographies, North America is the largest region in the E-commerce market followed by the Asia Pacific. In North America, the growth of this market is due to high-speed internet facilities joint with the well-established supply chain for goods delivery, protected internet transactions and growing consumer awareness regarding the e-commerce market. Factors such as growing mobile internet usage, increasing internet penetration, increase in awareness about the benefits of online trading and trend to adopt Western culture is driving the growth of this market in the Asia Pacific region.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the E-Commerce.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.