How big is the E-Commerce Market?

The E-Commerce Market size is expected to reach USD 8.80 trillion in 2024 and grow at a CAGR of 15.80% to reach USD 18.81 trillion by 2029. Read More

What is the current E-Commerce Market size?

In 2024, the E-Commerce Market size is expected to reach USD 8.80 trillion. Read More

Who are the key players in E-Commerce Market?

Amazon.com Inc., Alibaba Group Holding Limited, Airbnb, Inc., Walmart Inc. and JD.com Inc. are the major companies operating in the E-Commerce Market. Read More

Which is the fastest growing region in E-Commerce Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in E-Commerce Market?

In 2024, the North America accounts for the largest market share in E-Commerce Market. Read More

What years does this E-Commerce Market cover, and what was the market size in 2023?

In 2023, the E-Commerce Market size was estimated at USD 7.41 trillion. The report covers the E-Commerce Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the E-Commerce Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the future trends in E-Commerce Market?

The future of e-commerce promises booming mobile shopping, seamless AR/VR experiences, and eco-conscious choices. Expect faster checkouts, social commerce integration, and AI-powered personalization driving customer satisfaction. Read More

E-Commerce Market Analysis | Industry Growth, Size & Forecast Report

E-commerce Industry Overview

In the e-commerce business, many local and worldwide firms have expanded, resulting in fierce competition. Some of the key players are Amazon.com Inc., Alibaba Group Holding Limited, Walmart Inc., and Costco Wholesale Corporation. Product launches, high expenses on R&D, acquisitions, and partnerships, etc., are the growth strategies adopted by such companies to sustain the intense competition.

In June 2022, the introduction of Etsy Purchase Protection was announced by Etsy. In the unlikely event that an item did not match the item description, did not come, or did not arrive at all, consumers were to obtain a full refund through this for transactions made on Etsy's website.

In May 2022, Alibaba, which is a Chinese e-commerce company, expanded its Lazada marketplace into Europe. Lazada was to focus on local merchants rather than cross-border sales, such as AliExpress. Cainiao, Alibaba's logistics company, is new to Belgium. Alibaba's marketplace, AliExpress, is currently present in the European market. However, cross-border sales from China are AliExpress's most profitable source of revenue. Lazada instead focuses on local European sellers.