From GlobeNewswire: 2025-02-27 10:00:00

The E-Commerce Market was valued at USD 21,327 billion in 2023 and is projected to reach USD 113,060 billion by 2032, growing at a CAGR of 20.41% from 2024 to 2032. Advancements in logistics, mobile commerce, and AI-powered customer engagement are driving this rapid growth.

Major players in the E-Commerce Market include Amazon, Alibaba, eBay, Walmart, and more. The market scope covers key regions like North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Global internet expansion is a key driver boosting the market.

Driving the growth of E-Commerce are AI, mobile commerce, and cross-border expansion. M-commerce and AI technologies have improved customer experience, while secure transactions and cloud-based platforms enhance efficiency. Cross-border trade and global logistics networks have made international e-commerce more accessible.

In the E-Commerce Market, the B2B segment leads with 69% revenue share due to automation in supply chains and digital procurement strategies. B2C is expected to grow fastest, driven by personalized shopping experiences and direct-to-consumer brands. Home Appliances dominate, while Fashion Products show rapid growth.

North America dominates the E-Commerce Market with over 38% revenue share, while Asia-Pacific leads in growth. Recent developments include AI-driven recommendations by Amazon, Alibaba’s logistics partnership, and Shopify’s AI-powered search tool. The market analysis includes segmentation by model type, product, and region, along with company profiles and best practices. The E-Commerce Market Analysis Report for 2024-2032 is now available with complete details. For more information or customization, contact [email protected]. SNS Insider offers consulting services such as Go To Market Assessment, Total Addressable Market Assessment, and Competitive Benchmarking. The company aims to provide clients with current, accurate market data and insights to make confident decisions.



Read more at GlobeNewswire: E-Commerce Market to Reach USD 113,060 Billion by 2032| SNS