Meticulous Research®, a top global market research firm, has released a report titled ‘E-commerce Market by Business Model, Browsing Medium, Payment Mode (Card Payments, Digital Wallets, Bank Transfer), Operational Channel, Offering (Beauty & Fashion, Food & Beverage, Electronics, Household) - Global Forecast to 2030.’



This report projects that the E-commerce market will reach $21,168.6 billion by 2030, growing at a CAGR of 16.9% during the forecast period. Key drivers include increased Internet and smartphone usage, expanding social commerce, and advancements in payment methods. Despite these positive trends, challenges like online fraud and cybersecurity threats could impact growth.



Opportunities such as e-commerce automation and cross-border expansion are expected to drive market growth. However, local regulations and a lack of tangible product interaction may pose challenges. Noteworthy trends include on-site customization, personalized experiences, and the use of AR and VR in e-commerce.



The study, segmented by business model, browsing medium, payment mode, operational channel, offering, and geography, provides a detailed market analysis, including regional and country-level evaluations.

In 2023, horizontal e-commerce is projected to lead the market, catering to diverse product categories. Desktop/laptop browsing is anticipated to dominate, driven by pandemic-related demand and the need for detailed shopping experiences. Card payments are expected to hold the largest market share due to their security and convenience. Omni-channel e-commerce is set to capture a significant share, enhancing customer experience and loyalty. Beauty & fashion products are forecasted to be the largest segment, bolstered by changing consumer behavior and high demand. Asia-Pacific is expected to be the largest regional market due to its large consumer base and growing digital infrastructure.



Key Players

The key players operating in the E-commerce market are Amazon.com, Inc. (U.S.), Alibaba Group Holding Limited (China), eBay Inc. (U.S.), JD.com, Inc. (Jingdong) (China), Rakuten, Inc. (Japan), The Home Depot, Inc. (U.S.), Zalando SE (Germany), Otto GmbH & Co KG (Germany), Priceline.com (U.S.), B2W Digital Company (Brazil), Groupon, Inc. (U.S.), Walmart Inc. (U.S.), Inter IKEA Systems B.V. (Netherlands), Costco Wholesale Corporation (U.S.), Shopify Inc. (Canada), Wayfair Inc. (U.S.), Suning.com Co., Ltd. (Suning Commerce Group Co., Ltd.) (China), Best Buy Co., Inc. (U.S.), and Tesco plc (U.K.).



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Key questions answered in the report-

Which are the high-growth market segments in terms of business model, browsing medium, payment mode, operational channel, offering, and geography?
What is the historical market for E-commerce across the globe?
What are the market forecasts and estimates for the period 2023–2030?
What are the major drivers, restraints, and opportunities in the E-commerce market?
Which are the major players in the E-commerce market, and what market share do they hold?
How is the competitive landscape?
What are the recent developments in the E-commerce market?
What are the different strategies adopted by the major players in this market?
What are the geographic trends and high-growth countries?
Which are the local emerging players in the E-commerce market, and how do they compete with the other players?

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