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.
Read More »February 5, 2023
Artificial intelligence in the e-commerce market size will witness an appreciable gain on the back of the rising demand to predict shopping patterns. A dramatic shift towards online shopping has spurred the need for personalized product recommendation engines, smart chatbots, and voice searches.
Read More »
The growth of China e-commerce can be attributed to the growing smartphone-driven m-commerce culture, innovative digital payment systems, and expanding live e-commerce platforms. The Chinese e-commerce business has expanded significantly in recent years, owing to the increased internet and smartphone penetration, increased consumer confidence in online purchasing, the introduction of e-commerce platforms, and the availability of different alternative payment solutions.
Read More »
The Japan cross-border e-commerce market size was valued at USD 3.01 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.9% from 2023 to 2030. Cross-border e-commerce is also known as international online trade and involves trading between businesses and consumers (B2C), two businesses (B2B), or two consumers (C2C). Cross-border e-commerce occurs when a consumer buys a product from an online seller in another country. Several reasons, such as varied product pricing and differentiation, quality, shipping options, and payment methods, enable consumers to buy products through cross-border e-commerce.
Read More »November 2, 2023
The global business-to-business e-commerce market size was estimated at USD 18,665.95 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 18.2% from 2024 to 2030. Rapid technology improvements are crucial for the expansion of the B2B e-commerce market. The incorporation of cutting-edge technology such as AI, machine learning, and data analytics improves the functioning and capabilities of B2B platforms.
Read More »February 7, 2024
The global retail e-commerce market size was valued at USD 5,384.72 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 11.2% from 2023 to 2030. Increasing usage of smartphones and the convenience of purchasing daily essentials and luxury products from the comfort of home is primarily driving growth. Moreover, the availability of a plethora of options, lower prices compared to physical stores, and technology-enabled online trials of apparel and accessories are some of the other factors contributing to the burgeoning demand for retail e-commerce across the world.
Read More »November 8, 2023
The global metaverse in e-commerce market size was estimated at USD 11.11 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 40.0% from 2024 to 2030. The integration of blockchain technology is also driving the metaverse's impact on e-commerce. Blockchain ensures secure and transparent transactions within the virtual space, addressing concerns related to trust and security in online shopping.
Read More »January 9, 2024
The global B2C e-commerce market size was valued at USD 5,472.97 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 19.1% from 2024 to 2030. The widespread prevalence of high-speed internet, along with the increasing use of smartphones, has made accessible access to the internet. Consumers can examine and shop from any place at any time, which has increased online purchasing activity.
Read More »February 7, 2024
The global pet care e-commerce market size is expected to reach USD 54.95 billion by 2027, exhibiting a CAGR of 11.3% during the forecast period, according to a new report by Grand View Research, Inc. E-commerce mode of distribution is expected to grow at a lucrative growth rate owing to increasing internet usage around the globe. Advantages such as easy availability and multiple options through online platforms are projected to drive the adoption among pet owners.
Read More »July 3, 2020
The India e-commerce market size was valued at USD 88.6 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 19.6% from 2023 to 2030. The increasing penetration of 5G and 4G internet services in India, coupled with the adoption of low-cost smartphones and other consumer electronics devices such as laptops and tablets, is gaining momentum; thus, providing exposure to online shopping is a major factor driving the market growth.
Read More »December 28, 2023