The Global B2C E-commerce Market size is valued at around USD 5.8 Trillion in 2023 and is projected to grow at a CAGR of around 11.5% during the forecast period, i.e., 2024-30. According to MarkNtel Advisors Study.
Global B2C E-commerce Market Driver:
Expanding Internet Penetration and Smartphone Usage – More individuals are using smartphones & internet to obtain information, which allows businesses to reach a larger audience and draw in previously untapped potential clients. As a result, the market size and opportunities for B2C e-commerce companies have increased. Regardless of location or time constraints, consumers can purchase online around the clock due to smartphones and internet connections. Online shopping is made easier by this accessibility and convenience, which promotes increased usage and market expansion.
Moreover, social networking sites, which are primarily accessible via smartphones, are becoming more and more integrated with online retailers. This promotes B2C e-commerce growth by giving brands and influencers the ability to directly drive online purchases within social media apps, engage with consumers, and showcase products. Businesses can use smartphone and internet data to target particular interest groups and demographics with tailored marketing efforts. By focusing on specific target audiences, marketing campaigns become more effective and generate more conversions, which in turn helps the market expand.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global B2C E-commerce Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- By Type
- B2C Retail- (Market Size & Forecast 2019-2030, (USD Million)
- Classifieds - (Market Size & Forecast 2019-2030, (USD Million)
- By Application
- Automotive - (Market Size & Forecast 2019-2030, (USD Million)
- Beauty & Personal Care - (Market Size & Forecast 2019-2030, (USD Million)
- Books & Stationery- (Market Size & Forecast 2019-2030, (USD Million)
- Consumer Electronics- (Market Size & Forecast 2019-2030, (USD Million)
- Clothing & Footwear- (Market Size & Forecast 2019-2030, (USD Million)
- Home Décor & Electronics- (Market Size & Forecast 2019-2030, (USD Million)
- Sports & Leisure- (Market Size & Forecast 2019-2030, (USD Million)
- Travel & Tourism- (Market Size & Forecast 2019-2030, (USD Million)
- Media & Entertainment- (Market Size & Forecast 2019-2030, (USD Million)
- Information Technology (Software) - (Market Size & Forecast 2019-2030, (USD Million)
- Others
- By Variety
- Golden Nugget
- Black Gold
- Honey Gold
- Lemon Gold
- Others
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Alibaba Group Holding Limited, Inc, Amazon, ASOS, eBay Inc, Flipkart Internet Private Limited, JD.com, Inc, MAKEMYTRIP PVT. LTD, OLX, Paypal Holdings Inc, Craigslist Inc., Booking Holdings Inc., Walmart, Others are looking forward to strengthening their market positions.
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Data-Driven Insights Backed by Proven Research
We follow a tried-and-tested research methodology that blends top-down and bottom-up approaches to deliver highly accurate market insights. Every report is powered by data triangulation, ensuring well-rounded and validated findings.
From smart sample selection and reliable data collection to in-depth analysis and precise forecasting, our process is designed to minimize error and maximize impact.
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
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