Global e-Commerce Markets, 2020-2021 & Forecast to 2027: Use of AR and VR In E-Commerce & On-site Customization and Personalized Experience Gaining Momentum

DUBLIN, June 10, 2021 /PRNewswire/ -- The "E-commerce Market by Business Model, Browsing Medium, Payment Mode (Card Payment, Bank Transfer, Digital Wallet), Offering (Travel, Electronics, Beauty & Fashion, Household, Pharmaceuticals, Food & Beverages), and Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The global e-commerce market is expected to reach $16,215.6 billion by 2027, growing at a CAGR of 22.9% during the forecast period of 2020 to 2027.

This market is majorly driven by rising penetration of the Internet and smartphones, growing dependency on social media to promote e-commerce platforms, growing omni-channel business models, and the advent of new payment modes. In addition, e-commerce automation offers immense growth opportunities for players operating in the e-commerce market.

Report Highlights

• Based on business model, the horizontal e-commerce models segment commanded the largest share of the overall e-commerce market in 2020. 
• Based on browsing medium, the desktop/laptop segment accounted for the largest share of the overall e-commerce market in 2020.
• Based on payment mode, the card payment segment commanded the largest share of the e-commerce market in 2020. 
• Based on offering, the beauty & fashion products segment accounted for the largest share of the global e-commerce market in 2020.
• Geographically, the Asia-Pacific region commanded the largest share of the overall e-commerce market in 2020. 

Key questions answered in the report

• Which are the high growth market segments in terms of the browsing medium, payment mode, business model, offering, and countries?
• What is the historical market for e-commerce across the globe?
• What are the market forecasts and estimates from the period of 2020-2027?
• Who are the major players in various countries, and what share of the market do they hold?
• What are the recent developments in the global e-commerce market?
• What are the different strategies adopted by the major players in the global e-commerce market?
• What are the geographical 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 Privacy Protection Act (COPPA)
• Anticybersquatting Consumer Protection Act (ACPA)
• Electronic Fund Transfer Act (Eft)
• Gramm-Leach-Bliley Act (GLB)
• Federal Information Security Management Act (FISMA)
• Uniform Electronic Commerce Act

Europe

• Electronic Commerce (EC Directive) Regulations 2002
• Data Protection Act 1998
• The Distance Selling Act 2000
• ICO Cookie Law

Asia-Pacific

• Contract Law and Electronic Signature Law
• Law on Protection of the Rights and Interests of Consumers
• Cybersecurity Law
• Electronic Signature Law
• Consumer Contracts Act (Act No. 61 of 12 May 2000)
• Act on Specified Commercial Transactions (Act No. 57 of 4 June 1976)
• Act on the Protection of Personal Information (Act No. 57 of 30 May 2003)
• Act on Regulation of Transmission of Specified Electronic Mail (Act No. 26 of 17 April 2002)
• Framework Act on Electronic Documents and Transactions
• The Information Technology (It) Act of 2000
• Electronic Transactions Act 1999

Rest of the World

• Electronic Contracts
• Brazilian Consumer Protection and Defense Code (Law 8,078/1990)
• Brazilian Internet Act (Law 12,965/2014).
• Electronic Transactions and Commerce Law (Federal Law No. (1) of 2006)
• Electronic Communications and Transactions Act (ECT)
• Protection of Personal Information Act (POPIA)

Supply Chain Analysis

Pestel Analysis

Porter's Five forces Analysis

Global E-Commerce Market Trends and Strategies

• Big Data in E-Commerce
• Cloud-Based E-Commerce Platforms
• Same-Day Deliveries
• E-Commerce Companies Investing in Brick-and-Mortar Stores
• M-Commerce In E-Retailing

Market Insights

Drivers

• Rising Penetration of the Internet and Smartphones
• Growing Usage of Social Media and Social Commerce
• Growth in the Omni-Channel Business Model
• Advancement of Multiple Payment Modes

Restraints

• Online Frauds and Cybersecurity Issues

Opportunities

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

Challenges

• Local Laws and Legislation Affecting Cross-Border E-Commerce
• Trust Deficit due to Lack of touch and Feel Experience

Trends

• Use of AR and VR In E-Commerce
• On-site Customization and Personalized Experience

Impact of Covid-19 On the E-Commerce Market

Company Profiles

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

For more information about this report visit https://www.researchandmarkets.com/r/uqn7g6

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