SAN FRANCISCO, October 23, 2017 /PRNewswire/ --
The global B2C e-commerce market is anticipated
to reach USD 7,724.8 billion by 2025,
growing at a CAGR of 11.7%, according to a new report by Grand View
Research, Inc. The rising disposable income level, increasing
middle-class population and increasing internet & smartphones
penetration is likely to spur the market demand over the forecast
period. The increasing acceptance of technology is allowing the
e-commerce sector to be more efficient and reachable. The growing
middle-class population and intense use of social media is also
aggravating the demand of online purchasing of various products and
services.
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MEA region have a dynamic young population with one of the
highest global per capita income. In addition to it, high level
internet penetration is rapidly evolving online shopping market in
the region. Chinese market is going through a consumer revolution,
international products taking benefit of innovative marketing,
research techniques and advertising. Brand consciousness is getting
more importance in attracting Chinese consumers. Luxury goods and
service providers are experiencing great growth in China.
The General Agreement on Trade in Services (GATS) provides the
rules and regulations governing international trade in services,
with great implications for e-commerce. Anti-Spam Law is placed to
protect consumers from receiving unsolicited marketing material. As
online business collects information of consumers, it cannot
legally spam people without having them consent to it.Technological
advancement is driving the global market. Retailers and e-commerce
players are using augmented reality (AR) technology to enhance the
shopping experience. This allow customers to try a product
virtually.
The market is very volatile in nature and is experiencing a
fierce competition, therefore, marked by an extensive presence of
mergers and acquisitions. The key players in the market include
Amazon, Alibaba, Jindong, Flipkart, and PayPal. E-commerce market
players are focusing on unique changes to their business models in
order to enable sellers & consumers to transact online. The big
retailers in the market are trying to complement their traditional
retailing with online commerce and tying up with other big
e-commerce players.
Browse full research report with TOC on "B2C
e-commerce Market Analysis By Type (B2C Retailers, Classifieds), By
Application (Automotive, Personal Care, Consumer Electronics,
Clothing & Footwear, Travel & Tourism) And Segment
Forecasts, 2014 - 2025" at:
http://www.grandviewresearch.com/industry-analysis/b2c-e-commerce-market
Further Key Findings From the Report Suggest:
- The escalating middle-class population and technological
advancements are expected to drive the market.
- The travel & tourism segment is expected to portray high
growth rate with a CAGR of 15.8% over the projected period
- Increasing internet penetration and growing acceptance of
smartphones are expected to be the drivers of the market over the
forecast period.
- The Asia Pacific region
dominated the B2C e-commerce market in terms of revenue in 2016 and
is expected to have significant growth over the forecast
period.
- The key players of the market include Alibaba (China), Amazon.com, Inc.(U.S.), and
eBay Inc. (U.S.)
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Grand View Research has segmented the B2C e-commerce market
based on type, application and regions:
- Type Outlook (Revenue, USD Billion; 2014 - 2025)
- B2C Retailers
- Classifieds
- Application Outlook (Revenue, USD Billion; 2014 -
2025)
- Automotive
- Beauty & Personal Care
- Books & Stationery
- Consumer Electronics
- Clothing & Footwear
- Home Décor
- Industrial & Science
- Sports & Leisure
- Travel & Tourism
- Regional Outlook (Revenue, USD Billion; 2014 -
2025)
- North America
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- South America
- Middle East and Africa (MEA)
Read Our Blog By Grand View Research:
http://www.grandviewresearch.com/blogs/technology
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company
provides syndicated research reports, customized research reports,
and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant
and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: http://www.grandviewresearch.com
SOURCE Grand View Research, Inc.