The Business Research Company’s latest report E-commerce Global Market Report 2020 covers E-commerce market drivers, E-commerce market trends, E-commerce market segments, E-commerce market growth rate, E-commerce market major players, and E-commerce market size. The report provides in-depth analysis of the impact of COVID-19 on the E-commerce industry, along with revised market numbers due to the effects of the coronavirus.
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E-commerce Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global e-commerce market is expected to grow from $1,808.5 billion in 2019 to about $2,405.3 billion in 2020. Due to COVID-19, a significant growth is seen in the demand for essential supplies such as food, medicine, hand sanitizers, tissue, and disinfectants. With people avoiding visiting marketplaces and preferring to stay indoors, the online or e-commerce market is seeing a significant growth. The market is expected to stabilize and reach $3,056.3 billion at a CAGR of 14% through 2023.
The report covers the E-commerce market’s segments-
By Application: Home Appliances, Clothing And Footwear, Books, Cosmetics, Baby Goods, Groceries, Others.
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