According to the latest market research report title “B2C E-commerce Market By Application (Consumer Electronics, Automotive, Books & Stationery, Clothing & Footwear, Beauty & Personal Care, Media & Entertainment, Home décor & electronics, Travel & Tourism, Sports & Leisure, Information & Technology, Others), By Type (B2C Retailers, Classifieds), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific).– Forecast to 2024″, published by MarkNtel Advisors, 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.
The data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2024-30). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.
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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.
B2C E-commerce Market Segmentation
The B2C E-commerce Market is highly robust and fragmented into numerous segments;
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 Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
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Key Players Operating in the B2C E-commerce Market: –
Alibaba Group Holding Limited, Inc
-Business Description
-Product Segments
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Amazon
-Business Description
-Product Segments
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
ASOS
-Business Description
-Product Segments
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
eBay Inc
-Business Description
-Product Segments
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Key Questions Answered:
- What is the projected CAGR of the B2C E-commerce Market during the forecast period?
- Which segment is expected to lead the B2C E-commerce Market?
- Who are the prominent players driving market growth?
Key Offerings:
- Market Share, Size, and Revenue Forecast
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Landscape: Leading key players and other prominent participants
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
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