The Business Research Company’s E-commerce Global Market Report 2020-30: Covid 19 Implications and Growth. The report covers market size, key players, market share and trends to 2030.
E-commerce Global Market Report 2020-30: Covid 19 Implications and Growth is one of a series of new reports from The Business Research Company that provide E-commerce market overviews, analyze and forecast market size and growth for the whole market, E-commerce market segments and geographies, E-commerce market trends, E-commerce market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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The e-commerce market consists of sales of merchandise such as apparel, electronics, furniture, books, cosmetics, and other products through online channels. This industry includes e-commerce and m-commerce companies that offer home delivery services. The sales transaction between the retailers and their customers through the use of information technology including telephone and internet and delivery of merchandise is typically done through mail or couriers. The e-commerce industry also includes direct mailers who are selling their merchandise and retailing through online websites.
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The global e-commerce market is expected to grow from $1,808.5 billion in 2019 to about $2,405.3 billion in 2020. Due to Covid-19, a significant growth is seen in the demand for essential supplies such as food, medicine, hand sanitizers, tissue, and disinfectants. With people avoiding visiting market places and preferring to stay indoors, the online or e-commerce market is seeing a significant growth. The market is expected to stabilize and reach $3,056.3 billion at a CAGR of 14% through 2023.
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