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E-commerce Market Size To Reach $83.26 Trillion By 2030

  E-commerce   Industry Overview The global  e-commerce market size was estimated at USD 25.93 trillion in 2023  and is projected to grow at a CAGR of 18.9% from 2024 to 2030. Changes in the purchasing habits of consumers have significantly facilitated the expansion of e-commerce. Due to time constraints, a need for a smooth shopping process, and the ease of online buying, consumers increasingly select the digital marketplace. With the increasing use of smartphones and tablets, mobile technology especially has been essential in allowing customers to buy seamlessly from any location. In addition, the development of encryption technology and safe payment gateways has increased customer trust and promoted electronic transactions. The development of social media platforms has had a major effect on online shopping. Social media is an effective tool for marketing because it lets companies interact with their target market, highlight their goods, and increase traffic to the...

E-commerce Industry projected to grow at a CAGR of 12.0% from 2023 to 2030.

  E-commerce Industry | Forecast 2030 E-commerce Industry Data Book - B2B E-commerce Market and B2C E-commerce Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030   The global E-commerce market was valued at USD 13,497.0 billion in 2022 and is projected to grow at a CAGR of 12.0% from 2023 to 2030.      Access the Global E-commerce Industry Data Book, 2023 to 2030 , compiled with details like market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies   B2C E-commerce Market Growth & Trends The global B2C e-commerce market size is anticipated to reach USD 7.65 trillion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.7% over the forecast period. The increasing disposable income level, escalating usage of internet and smartphones, and an increasing number o...