Use of AR and VR in e-commerce & on-site adaptation and personalized experiences are gaining momentum

DUBLIN, June 10, 2021 / PRNewswire / – The “Ecommerce Market by Business Model, Browser Medium, Payment Mode (Card Payment, Bank Transfer, Digital Wallet), Offerings (Travel, Electronics, Beauty and Fashion, Household, Pharma, Food and Beverage), and Region – Global Forecast to 2027 “report was added to ResearchAndMarkets.com to offer.

The global e-commerce market is expected to reach $ 16,215.6 billion by 2027 and grows in the forecast period 2020 to 2027 with a CAGR of 22.9%.

This market is mainly driven by the proliferation of the internet and smartphones, the increasing reliance on social media to drive e-commerce platforms, growing omni-channel business models, and the emergence of new payment methods. In addition, e-commerce automation offers immense growth opportunities for players in the e-commerce market.

Report highlights

• In terms of the business model, the horizontal e-commerce model segment had the largest share of the entire e-commerce market in 2020.
• Measured in terms of the browsing medium, the desktop / laptop segment had the largest share of the entire e-commerce market in 2020.
• In terms of payment mode, the card payment segment had the largest share of the e-commerce market in 2020.
• In terms of range, the Beauty & Fashion Products segment had the largest share of the global e-commerce market in 2020.
• Geographically, it is Asia Pacific The region had the largest share of the total e-commerce market in 2020.

Important questions answered in the report

• Which are the fastest growing market segments in terms of browsing medium, payment method, business model, offer and countries?
• What is the historic global e-commerce market?
• What are the market forecast and estimate for the 2020-2027 period?
• Who are the main players in different countries and what is their market share?
• What are the recent developments in the global e-commerce market?
• What are the different strategies of the major players in the global e-commerce market?
• What are the geographic trends and high growth countries?
• Who are the local emerging players in the global e-commerce market and how do they compete with the other players?

Market environment

Regulatory analysis

North America

• Children’s Online Data Protection Act (COPPA)
• Anticybersquatting Consumer Protection Act (ACPA)
• Electronic Payments Act (Eft)
• Gramm-Leach-Bliley Act (GLB)
• Federal Law on Information Security Management (FISMA)
• Uniform Law on Electronic Commerce

Europe

• Ordinances on electronic commerce (EC Directive) 2002
• Data Protection Act 1998
• The Distance Selling Act 2000
• ICO cookie law

Asia Pacific

• Contract law and signature law
• Law to protect the rights and interests of consumers
• Cybersecurity law
• Electronic Signature Act
• Law on Consumer Contracts (Law No. 61 of May 12, 2000)
• Law on Certain Commercial Transactions (Law No. 57 of 4th June 1976)
• Law on the protection of personal data (Law No. 57 of the May 30, 2003)
• Law Regulating the Transmission of Specified Electronic Mail (Law No. 26 of April 17, 2002)
• Framework Law on Electronic Documents and Transactions
• The Information Technology Act (IT) of 2000
• Electronic Transactions Act 1999

Rest of the world

• Electronic contracts
• Brazilian Consumer Protection and Defense Law (Law 8.078 / 1990)
• Brazilian Internet Law (Law 12.965 / 2014).
• Law on Electronic Commerce and Commercial Transactions (Federal Law No. (1) of 2006)
• Electronic Communications and Transactions Act (ECT)
• Personal Data Protection Act (POPIA)

Analysis of the supply chain

Pestel analysis

Porter’s Five Forces Analysis

Global Ecommerce Market Trends and Strategies

• Big data in e-commerce
• Cloud-based e-commerce platforms
• Same day deliveries
• Ecommerce companies investing in brick and mortar stores
• M-commerce in e-retail

Market insights

driver

• Increasing use of the Internet and smartphones
• Growing use of social media and social commerce
• Growth in the omni-channel business model
• Promote multiple payment types

Restrictions

• Online Fraud and Cyber ​​Security Issues

Opportunities

• Ecommerce automation
• Expansion of cross-border e-commerce

challenges

• Local laws and regulations affecting cross-border e-commerce
• Confidence deficit due to a lack of touch and feeling experience

Trends

• Use of AR and VR in e-commerce
• On-site customization and personalized experience

Effects of Covid-19 on the e-commerce market

Company profiles

• Amazon.com Inc. (USA)
• Alibaba Group Holding Limited (China)
• Walmart Inc. (USA) The Home Depot Inc. (USA)
• JD.com Inc. (China)
• Rakuten Inc. (Japan)
• Otto GmbH & Co KG (Germany)
• Zalando SE (Germany)
• Priceline.com (USA)
• B2W-Digital (Brazil)
• Groupon Inc. (USA)
• Inter Ikea Systems BV (Netherlands)
• Costco Wholesale Corporation (USA)
• Shopify Inc. (USA)
• Wayfair Inc. (USA)
• Suning.Com Co. Ltd. (China)
• Best Buy Co. Inc. (USA)
• Tesco Plc (UK)

Please visit https://www.researchandmarkets.com/r/uqn7g6 for more information on this report

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SOURCE Research and Markets

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