Quarterly retail e-commerce sales are estimated from the same sample used for the Monthly Retail Trade Survey (MRTS) to estimate preliminary and final U.S. retail sales. Coverage includes all retailers whether or not they are engaged in e-commerce. Online travel services, financial brokers and dealers, and ticket sales agencies are not classified as retail and are not included in either the total retail or retail e-commerce sales estimates.

The Social Commerce Market Report is Segmented by Business Model (Business-To-Consumer (B2C), Business-To-Business (B2B), Consumer-To-Consumer (C2C)), Product Type (Apparel, Personal and Beauty Care, and More), Device (Lptops and Desktops, Smartphone), Sales Channel (Video Commerce, Social Network-Led Commerce, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

The United States e-commerce market size reached approximately USD 1.11 Trillion in 2024. The market is further projected to grow at a CAGR of 14.70% between 2025 and 2034, reaching a value of USD 4.37 Trillion by 2034.

The Subscription E-Commerce Market Report is Segmented by Subscription Model Type (Access (membership), Replenishment, Ad More), by Product Category (Beauty & Personal Care, Food & Beverages, and More), by Payment Mode (Credit / Debit Card, Digital Wallets, and More), by Geography (North America, South America, and More), and More Segments. The Market Forecasts are Provided in Terms of Value (USD).

In 2024, global retail e-commerce sales reached an estimated ************ U.S. dollars. Projections indicate a ** percent growth in this figure over the coming years, with expectations to come close to ************** dollars by 2028. World players Among the key players on the world stage, the American marketplace giant Amazon holds the title of the largest e-commerce player globally, with a gross merchandise value of nearly *********** U.S. dollars in 2024. Amazon was also the most valuable retail brand globally, followed by mostly American competitors such as Walmart and the Home Depot. Leading e-tailing regions E-commerce is a dormant channel globally, but nowhere has it been as successful as in Asia. In 2024, the e-commerce revenue in that continent alone was measured at nearly ************ U.S. dollars, outperforming the Americas and Europe. That year, the up-and-coming e-commerce markets also centered around Asia. The Philippines and India stood out as the swiftest-growing e-commerce markets based on online sales, anticipating a growth rate surpassing ** percent.

Global Retail E-Commerce market size is expected to reach $5651.91 billion by 2029 at 11.6%, segmented as by type, pure marketplace, hybrid marketplace, brand, retail chain

Latvia E-Commerce Market is Segmented by Business Model (B2C, B2B), Device Type (Smartphone / Mobile, Desktop and Laptop, and More), Payment Method (Credit / Debit Cards, Digital Wallets, and More), B2C Product Category (Beauty and Personal Care, Consumer Electronics, Fashion and Apparel, Food and Beverages, and More). The Market Forecasts are Provided in Terms of Value (USD).

E-commerce Market Outlook

According to our latest research, the global e-commerce market size reached USD 6.9 trillion in 2024 and is expected to grow at a CAGR of 12.1% from 2025 to 2033. This robust growth trajectory will drive the market to a projected value of USD 19.3 trillion by 2033. The primary growth factor fueling this expansion is the accelerating adoption of digital technologies, coupled with increasing internet and smartphone penetration worldwide, which continues to transform traditional retail and business models into dynamic online marketplaces.

The e-commerce market is experiencing explosive growth, primarily attributed to the rapid digitalization of consumer behavior and business operations. The proliferation of affordable smartphones and high-speed internet connectivity has dramatically expanded the global online consumer base, making digital shopping accessible to populations previously underserved by traditional retail infrastructure. Additionally, the COVID-19 pandemic acted as a catalyst, compelling even technology-averse consumers and businesses to embrace online platforms for essential and discretionary purchases. The convenience, variety, and competitive pricing offered by e-commerce platforms have fostered a significant shift in shopping patterns, leading to sustained double-digit growth rates in both mature and emerging markets.

Another critical growth driver is the continuous innovation in payment systems and logistics infrastructure. The evolution of secure and user-friendly digital payment methods, including digital wallets, contactless payments, and buy-now-pay-later options, has removed significant barriers to online transactions. Simultaneously, advancements in supply chain management, last-mile delivery, and fulfillment centers have enabled e-commerce companies to offer faster and more reliable shipping, enhancing overall customer satisfaction. These improvements have not only attracted new customers but also increased the frequency and size of online purchases, further accelerating market expansion.

Furthermore, the integration of artificial intelligence (AI), big data analytics, and personalized marketing strategies has revolutionized the e-commerce landscape. Retailers and platforms are leveraging these technologies to deliver highly tailored shopping experiences, optimize inventory management, and predict consumer trends with unprecedented accuracy. The rise of omnichannel commerce, where businesses seamlessly blend online and offline experiences, is also contributing to the market's growth by providing consumers with greater flexibility and choice. These technological advancements are expected to continue driving innovation and differentiation in the highly competitive e-commerce sector.

Regionally, Asia Pacific remains the dominant force in the global e-commerce market, accounting for the largest share due to its massive population, burgeoning middle class, and rapid digital adoption. North America and Europe follow closely, driven by high internet penetration, advanced logistics networks, and mature digital payment ecosystems. Meanwhile, Latin America, the Middle East, and Africa are emerging as high-growth regions, supported by improving infrastructure, favorable government policies, and increasing consumer trust in online transactions. This regional diversification is expected to further stimulate global e-commerce growth over the forecast period.

Business Model Analysis

The e-commerce market is segmented by business models, including B2B (Business-to-Business), B2C (Business-to-Consumer), C2C (Consumer-to-Consumer), and C2B (Consumer-to-Business), each contributing uniquely to the market's dynamics. The B2C segment remains the most dominant, driven by the massive influx of consumers shopping online for a wide range of products, from electronics to fashion and groceries. This segment benefits from extensive marketing campaigns, seamless user experiences, and a vast array of payment and delivery options, making it the primary

The North America E-Commerce Watch Market Report is Segmented by Product Type (Quartz/Mechanical and Digital Watch), Category (Mass and Premium), End User (Men, Women, and Unisex), Platform Type (Third-Party Marketplace and Company-Owned Platform), and Geography (United States, Canada, Mexico, and Rest of North America). The Market Forecasts are Provided in Terms of Value (USD).

The global e-commerce market size reached USD 26.8 Trillion in 2024. Looking forward, IMARC Group expects the market to reach USD 214.5 Trillion by 2033, exhibiting a growth rate (CAGR) of 25.83% during 2025-2033. Rising need for AI-powered features, notable expansion in cross-border trade opportunities, and innovations of secure digital payment systems are contributing to the market growth.

The Department of Commerce reports these aggregate performance metrics for its Central Business Licensing System (CBL) to the Governor's Office of Performance Improvement (GOPI) each month. The Department of Information Technology (DoIT) formats and uploads the data to data.maryland.gov, and generates the descriptive analytics included here.

Legend for asterisks in column names: *This represents business registrations from CBL and does not include tax accounts **Comptroller tax account filings added ***Prior to June, 2014 this number included both SDAT and Comptroller numbers of businesses incorporated. As of June, the number only includes SDAT numbers. ****Adoption rate-percentage calculation = CBL registrations divided by SDAT registrations

Market Overview and Drivers: The global retail e-commerce software market is experiencing significant growth, driven by the increasing penetration of internet connectivity, the proliferation of mobile devices, and the convenience of online shopping. Market size was valued at USD 14,330 million in 2025 and is projected to reach USD 27,290 million by 2033, exhibiting a CAGR of 8.9% during the forecast period 2025-2033. Key drivers include the growing adoption of omnichannel retail strategies, advancements in artificial intelligence (AI) and machine learning (ML), and the customization of online shopping experiences. Trends and Segments: The retail e-commerce software market is segmented by type (on-premise, SaaS) and application (PC terminal, mobile terminal). SaaS deployment is gaining popularity due to its flexibility and cost-effectiveness. The PC terminal segment currently dominates the market, but the mobile terminal segment is expected to grow at a faster pace in the coming years. Key trends in the market include the integration of AI and ML to enhance customer engagement and personalization, the adoption of headless commerce to create seamless omnichannel experiences, and the emergence of voice-based shopping. Major players in the market include Magento, WooThemes, Shopify, and SAP Hybris.

Global Omnichannel Retail Commerce Platform market size is expected to reach $12.74 billion by 2029 at 14.3%, segmented as by e-commerce, online storefront, mobile commerce (mcommerce), social commerce integration, marketplace integrations

The North America e-commerce market reached approximately USD 1286.19 Billion in 2024. The market is projected to grow at a CAGR of 10.20% between 2025 and 2034, reaching a value of around USD 3397.20 Billion by 2034.

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Digital Commerce Market Size 2024-2028

The digital commerce market size is forecast to increase by USD 3,634 billion at a CAGR of 16.6% between 2023 and 2028. The market is experiencing significant growth, driven by vigorous internet penetration and advancements in technological digital commerce platforms. The increasing use of smartphones and the convenience they offer for online shopping have contributed to the market's expansion. Additionally, the trend towards contactless transactions and social distancing during the COVID-19 pandemic has accelerated the shift towards digital commerce. Robotics and advanced technologies like smartphones and laptops facilitate seamless transactions. However, challenges persist, including growing data privacy and security concerns, which require strong security measures and transparency from digital commerce platforms to maintain consumer trust. The market's future growth is expected to be fueled by continued technological advancements and the increasing adoption of digital commerce solutions by businesses of all sizes.

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The market refers to the buying and selling of goods and services through an electronic network, specifically the Internet. This market encompasses various types of transactions, including Business-to-Consumer (B2C), Business-to-Business (B2B), Consumer-to-Business (C2B), and Consumer-to-Consumer (C2C). The market is driven by the increasing use of the Internet in homes and offices, and the widespread adoption of computers, tablets, cell phones, and broadband connections. E-commerce sector players require digital marketing expertise to establish an online presence and attract customers. Retailers in industries such as industrial and logistics are increasingly leveraging e-commerce to reach a broader audience. Women and social networking sites also play a significant role in driving e-business growth. Overall, the market is transforming traditional business models and offering new opportunities for businesses and consumers alike.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Business Segment

  Business to business
  Business to consumer


Geography

  APAC

    China
    Japan


  North America

    US


  Europe

    Germany
    UK


  South America



  Middle East and Africa

By Business Segment Insights

The business to business segment is estimated to witness significant growth during the forecast period. The market is experiencing significant growth due to the proliferation of smart phones, multiple payment modes, and cross-border e-commerce. CXOs are increasingly focusing on digital commerce visibility to expand their businesses, leveraging AI, machine learning, and in-memory technologies. Small and medium-sized businesses are embracing SaaS delivery models to enhance their online presence and reach a wider customer base. Cyber security issues and online frauds are major concerns, necessitating the implementation of advanced security measures such as block chain and memorandums of understanding with logistics, warehouse, and transportation service providers. Online sales are no longer limited to homes and offices, with the rise of mobile commerce, social commerce, and local commerce.

Additionally, digital marketing expertise is essential for retailers to effectively engage with consumers through web contacts, social media, and mobile payments. The e-commerce sector is transforming rapidly, offering immense opportunities for innovation and growth.

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The business to business segment accounted for USD 1,294.40 billion in 2018 and showed a gradual increase during the forecast period.

Regional Insights

APAC is estimated to contribute 54% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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Digital commerce refers to the buying and selling of goods and services through an electronic network, specifically the Internet. This encompasses various business models such as business-to-consumer (B2C), business-to-business (B2B), consumer-to-business (C2B), and consumer-to-consumer (C2C). E-commerce and e-business are interchangeable terms used to describe this phenomenon, with e-tail being a specific term for businesses that sell products online. Digital commerce software and inventory management solutions facilitate the process, enabling retailers to manage sales and marketing efforts across multiple channels. The automotive segment, manufacturing, r

Maryland Department of Commerce, Customer Service Report FY 2021 (Title Page)

The Global E-Commerce Market size is USD 25.93 trillion in 2023, highlighting market outlook, segmentation, and future trends. Explore growth opportunities, challenges, and top players.

E-commerce Software Market Outlook

According to our latest research, the global E-commerce Software market size reached USD 8.9 billion in 2024, reflecting the robust digital transformation across retail and other industries. The market is projected to grow at a CAGR of 14.2% during the forecast period, reaching an estimated USD 25.1 billion by 2033. The primary growth factor driving this surge is the accelerated adoption of digital commerce platforms by businesses of all sizes, fueled by evolving consumer preferences and the need for seamless online shopping experiences.

One of the most significant growth drivers for the E-commerce Software market is the exponential rise in online retail activity worldwide. As consumer behavior shifts towards digital-first purchasing, retailers and brands are investing heavily in advanced e-commerce solutions to enhance customer engagement, streamline operations, and provide personalized shopping experiences. The proliferation of smartphones and high-speed internet connectivity has further enabled consumers to shop online with greater convenience, compelling businesses to adopt scalable and feature-rich e-commerce platforms. Additionally, the integration of artificial intelligence, machine learning, and data analytics into these platforms allows for smarter inventory management, targeted marketing, and dynamic pricing strategies, which collectively boost sales and customer satisfaction.

Another critical factor fueling the growth of the E-commerce Software market is the increasing demand for omnichannel commerce solutions. Modern consumers expect a seamless shopping journey across multiple touchpoints, including web, mobile, social media, and physical stores. E-commerce software providers are responding by developing solutions that unify inventory, order management, and customer data, enabling businesses to deliver consistent experiences regardless of the channel. This trend is particularly prominent among large enterprises and established retailers seeking to maintain competitiveness in a rapidly evolving digital landscape. Furthermore, the COVID-19 pandemic has accelerated digital adoption, with many small and medium enterprises (SMEs) embracing e-commerce platforms to survive and thrive amid shifting market dynamics.

The evolution of payment technologies and logistics infrastructure is also playing a pivotal role in expanding the E-commerce Software market. Secure and flexible payment processing solutions, coupled with advanced order fulfillment and last-mile delivery capabilities, are critical components of modern e-commerce ecosystems. Vendors are increasingly offering integrated solutions that address these needs, helping businesses reduce cart abandonment rates and improve customer loyalty. Moreover, regulatory advancements and supportive government initiatives aimed at promoting digital commerce are further catalyzing market growth, especially in emerging economies where e-commerce penetration is still on the rise.

Regionally, Asia Pacific is emerging as the fastest-growing market for E-commerce Software, driven by the rapid expansion of online retail in countries such as China, India, and Southeast Asia. North America remains a dominant market, owing to the high concentration of established e-commerce players and early adoption of advanced technologies. Europe is witnessing steady growth, supported by strong digital infrastructure and increasing cross-border e-commerce activities. Meanwhile, Latin America and the Middle East & Africa are experiencing rising adoption rates, propelled by improving internet access and a growing base of digital-savvy consumers. This diverse regional landscape underscores the global momentum of the E-commerce Software market.

Deployment Type Analysis

The E-commerce Software market is segmented by deployment type into Cloud-Based and On-Premises solutions, each offering distinct advantages to businesses. Cloud-based e-commerce platforms have gained

Fresh E-commerce Market Analysis The global fresh e-commerce market is experiencing robust growth, driven by surging internet penetration, urbanization, and evolving consumer preferences. With a market size of $2462 million in 2025, the sector is projected to expand at a CAGR of 6.2% during the forecast period 2025-2033, reaching a value of $3876 million by 2033. Key drivers include the convenience and time-saving advantages of online grocery shopping, as well as the growing demand for fresh and organic products. The market exhibits distinct segmentation based on type (local and cloud-based) and application (including fruits & vegetables, crops, milk, flowers, and others). Prominent players in the industry include Amazon Fresh, Dingdong, FreshDirect, Instacart, JD, and Thrive Market. Regionally, North America and Asia-Pacific hold significant market shares, with the United States and China being major contributors. The market is also witnessing the emergence of new technologies such as AI and machine learning, which are expected to enhance operational efficiency and customer experience.

M-Commerce Market Outlook

According to our latest research, the global M-Commerce market size reached USD 1.56 trillion in 2024, demonstrating robust expansion driven by rapid digital transformation and the proliferation of mobile devices worldwide. The market is poised for remarkable growth, projected to reach USD 7.18 trillion by 2033, progressing at a strong 18.3% CAGR during the forecast period. Key growth factors fueling this upward trend include the increasing penetration of smartphones, the evolution of secure mobile payment technologies, and the rising adoption of mobile applications for retail, banking, and ticketing transactions. This comprehensive analysis draws from the most recent data and market trends, providing a detailed outlook on the future of the M-Commerce industry.

One of the primary drivers for the explosive growth in the M-Commerce market is the escalating adoption of smartphones and high-speed internet connectivity. As of 2024, over 6.8 billion people worldwide use smartphones, which has significantly enhanced the accessibility of mobile-based commerce platforms. The advent of affordable mobile devices and improved mobile broadband infrastructure, especially in emerging economies, has democratized access to digital services. This ubiquity of mobile connectivity has enabled consumers to shop, bank, and manage finances seamlessly from virtually any location, thereby accelerating the shift from traditional e-commerce to mobile-first commerce. Furthermore, the integration of advanced features such as biometric authentication, AI-driven recommendations, and seamless payment gateways has elevated user trust and engagement, further propelling market growth.

Another significant growth factor is the evolution of secure and convenient mobile payment solutions. The rise of mobile wallets, contactless payments, and mobile banking applications has revolutionized the way consumers transact, making payments faster, more secure, and highly convenient. Companies like Apple Pay, Google Pay, and Samsung Pay have transformed the payment landscape by offering multi-layered security and frictionless user experiences. Additionally, regulatory support for digital payments and fintech innovation has fostered an environment conducive to M-Commerce expansion. The increasing acceptance of mobile payments among merchants and the integration of loyalty programs and personalized offers through mobile apps have further incentivized consumers to adopt M-Commerce solutions for a wide range of transactions, from retail purchases to utility bill payments and ticket bookings.

The ongoing digital transformation across industries has also played a pivotal role in the growth of the M-Commerce market. Retailers, banks, and service providers are increasingly investing in mobile-optimized websites and dedicated applications to cater to the evolving preferences of digital-native consumers. The COVID-19 pandemic accelerated this trend, as businesses pivoted towards contactless transactions and omnichannel customer engagement strategies. Enhanced app functionalities, real-time inventory updates, and personalized marketing campaigns have not only improved customer satisfaction but also boosted conversion rates and average order values. Enterprises are leveraging data analytics and AI to gain insights into consumer behavior, enabling them to tailor offerings and improve operational efficiencies. As a result, M-Commerce is rapidly becoming the preferred channel for both B2C and B2B transactions, contributing to its sustained market expansion.

Regionally, the Asia Pacific market stands out as the dominant force in the global M-Commerce landscape, accounting for the largest share in 2024. This leadership is underpinned by the region’s massive population, high smartphone penetration, and a thriving digital payments ecosystem. Countries like China, India, and Southeast Asian nations have witnessed exponential growth in mobile transactions, driven by government initiatives promoting cashless economies and the presence of innovative fintech startups. North America and Europe also exhibit strong growth trajectories, supported by well-established digital infrastructure and high consumer trust in mobile commerce. Meanwhile, Latin America and the Middle East & Africa are emerging as promising markets, with increasing investments in mobile technology and rising internet penetration rates. The regional diversity in consumer behavior, payment preferences, and regulatory environments presents both oppor