Uttar Pradesh News Desk

B2C E-commerce Market To Show Tremendous Progress With Revenue of $6.2 Trillion By 2027 Due To Growing Trend of Online Shopping | Million Insights

 Breaking News
  • No posts were found

B2C E-commerce Market To Show Tremendous Progress With Revenue of $6.2 Trillion By 2027 Due To Growing Trend of Online Shopping | Million Insights

September 06
07:29 2021
B2C E-commerce Market To Show Tremendous Progress With Revenue of $6.2 Trillion By 2027 Due To Growing Trend of Online Shopping | Million Insights
Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global B2C E-commerce industry research report offers thorough insights on key players, application, global demand and impact of COVID-19. It also offers ready, data-driven answers to several industry-level questions.

The global B2C e-commerce market size is estimated to attain USD 6.2 trillion by the end of 2027 and is projected to register a CAGR of 7.9% from 2020 to 2027, according to the new report by Million Insights. Increasing penetration of smartphones & the internet along with the growing trend of online shopping is projected to surge the growth of market. In addition, online sellers provide various offers like discounts, easy payment methods, fast delivery and availability of a wide range of products is projected to propel the growth of the market.

General agreement in Trade Services (GATS) includes regulations regarding trade services internationally, which is expected to have a positive impact on market growth. Anti-spam laws help to protect the consumer from unwanted materials. Online shopping companies collect data from consumers. In addition, growing trend of virtual reality (VR) & artificial intelligence in shopping help in providing greater consumer experience. For example, augmented reality based solutions provide virtual room experience to consumers to try out products virtually.

To download the sample PDF of B2C E-commerce Market Report “please” click here: https://www.millioninsights.com/industry-reports/b2c-e-commerce-market/request-sample 

 

The rising e-commerce sector has opened up ample opportunities for both new & experienced players in the industry. Online channels have faced many challenges owing to factors such as interconnected issues including digital frauds, malpractices, and other cybercrimes. To avoid these cybersecurity problems, it is important to protect consumer data & service security.   

 

To browse report summary & detailed TOC, “please” click the link below: https://www.millioninsights.com/industry-reports/b2c-e-commerce-market

Further key findings from the report suggest:

• In 2019, clothing & footwear segment contributed to highest share in the market. Growing penetration of retailer network and increasing footwear spending is supporting market growth.

• In 2019, Asia Pacific led the market, and is projected to grow at significant rate of CAGR from 2020 to 2027.

• Key players in the market focus on strategic collaborations & to remain competent in the industry.

Million Insights has segmented the global B2C e-commerce market based on type, application and region:

B2C E-Commerce Type Outlook (Revenue, USD Trillion, 2016 – 2027)

    • B2C Retailers

    • Classifieds

B2C E-Commerce Application Outlook (Revenue, USD Trillion, 2016 – 2027)

    • Automotive

    • Beauty & Personal Care

    • Books & Stationery

    • Consumer Electronics

    • Clothing & Footwear

    • Home Décor & Electronics

    • Sports & Leisure

    • Travel & Tourism

    • Media & Entertainment

    • Information Technology (Software)

    • Others

B2C E-Commerce Regional Outlook (Revenue, USD Trillion, 2016 – 2027)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • U.K.

        • France

    • Asia Pacific

        • China

        • India

        • Japan

    • Latin America

        • Brazil

        • Mexico

    • Middle East & Africa

List of Key Players of B2C E-commerce Market

    • ALIBABA GROUP HOLDING LIMITED

    • Amazon.com, Inc.

    • ASOS

    • eBay Inc.

    • Flipkart Internet Private Limited

    • JD.com, Inc.

    • MakeMytrip Pvt.Ltd.

    • OLX

    • PayPal Holdings, Inc.

    • Craigslist, Inc.

Browse latest market research reports available with Million Insights:

• Automotive Transmission Market: The global automotive transmission market was prized by USD 152.32 billion in 2020. It is estimated to witness 5.2% CAGR from 2021 to 2028.

• Food Container Market: The global food container market was prized by USD 145.6 billion in 2020. It is estimated to witness 4.2% CAGR from 2021 to 2028.

About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive marketplace that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/b2c-e-commerce-market

Related Articles