Report ID: SQMIG45C2068
E-Commerce Market Size, Share, Growth Analysis, By Type (B2B, C2C), By Application (Consumer Electronics, Home Appliances), Region - Industry Forecast 2025-2032
Report ID:
SQMIG45C2068 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|
Tables:
120 |
Figures:
77
E-Commerce Market Dynamics
E-Commerce Market Driver
- Proliferation of the Internet, particularly in developing and underdeveloped countries, is primarily responsible for the exponential growth of e-commerce. Many people benefit from online services, including e-commerce, as a result of the Internet's ease of use. Consumers are drawn to internet subscriptions by rising smartphone penetration, rising government initiatives to digitalize various aspects of its society, and lower and more affordable network services. According to Internetworldstats.com, approximately 5.05 billion people have access to some form of the internet. E-commerce sectors are expanding rapidly as the Internet continues to spread, consumer awareness of e-commerce grows, and consumer spending capacity improves in developing and underdeveloped countries.
E-Commerce Market Restraint
- Issues such as online frauds or cybercrimes leads to distrust of consumers thereby restraining the E-Commerce market growth. In addition, restraining of local laws and regulations for international E-commerce and lack of touch and feel for experience are major roadblocks for the overall E-Commerce market growth.
E-Commerce Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
