Online shopping in the Netherlands increased significantly since the start of the coronavirus outbreak. All product categories enjoyed an increase in online sales, according to a survey among Dutch consumers. Furthermore, this change in consumer behavior was expected to persist in the post-coronavirus era, as Dutch consumers signaled the intention to increase their online shopping for all product categories. At the time of the survey, clothing and entertainment goods were purchased online by nearly 60 percent of the respondents, making them the most e-commerce-oriented product categories. The hardware and tools market was predicted to make the largest digital shift, with an online shopping increase of almost ten percent.
Online Shopping in the Netherlands
Aside from the change in shopping behavior due the coronavirus lockdown, the survey also revealed that a large portion of Dutch consumers were already more likely to shop on the internet than in physical stores. E-commerce in the Netherlands expanded rapidly in recent years, almost doubling in revenue between 2014 and 2019. From a European perspective, the Netherlands was among the countries with the highest share of online shoppers. As of May 2020, online retailers Bol.com and Coolblue have been the main drivers behind the expansion of e-commerce in the Netherlands, with Amazon playing a relatively small role. However, the official launch of the Dutch platform Amazon.nl in 2020 was expected to send shock waves through the online retail industry in the country.
COVID-19 and shopping behavior
The coronavirus outbreak changed the retail climate in the Netherlands dramatically, as social distancing rules caused the closure of many physical stores in March and April 2020. Unlike in other European countries, shops were not forced to close in the Netherlands. However, a widespread fear, combined with compliance with governments's recommendations to stay at home, led to a freefall of sales in physical stores.
In 2023, global retail e-commerce sales reached an estimated 5.8 trillion U.S. dollars. Projections indicate a 39 percent growth in this figure over the coming years, with expectations to surpass eight trillion dollars by 2027.
World players Among the key players on the world stage, the Chinese retail giant Alibaba holds the title of the largest e-commerce retailer globally, accounting for a 23 percent market share. Nevertheless, forecasts suggest that by 2027, Seattle-based e-commerce powerhouse Amazon will surpass Alibaba in estimated sales, reaching a staggering 1.2 trillion U.S. dollars in online sales.
Leading e-tailing countries The Chinese e-commerce market was the biggest worldwide in 2023, as internet sales constituted almost half of the country's retail transactions. Indonesia ranked second with the highest share of retail sales online (32 percent), closely trailed by the United Kingdom and South Korea, exceeding the 30 percent mark. That year, the up-and-coming e-commerce markets 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 20 percent.
Internet sales have played an increasingly significant role in retailing. In 2024, e-commerce accounted for over 17 percent of retail sales worldwide. Forecasts indicate that by 2029, the online segment will make up close to over 21 percent of total global retail sales. Retail e-commerce Online shopping has grown steadily in popularity in recent years. In 2024, global e-commerce sales amounted to over seven trillion U.S. dollars, a figure expected to exceed 10.4 trillion U.S. dollars by 2028. Digital development in Latin America boomed during the COVID-19 pandemic, generating unprecedented e-commerce growth in various economies across the region. So much so that Brazil and Argentina appear to lead the world's fastest-growing online retail markets. This trend correlates strongly with the constantly improving online access, especially in "mobile-first" online communities, which have long struggled with traditioe-comernal fixed broadband connections due to financial or infrastructure constraints but enjoy the advantages of cheap mobile broadband connections. M-commerce on the rise The average order value of online shopping via smartphones and tablets still lags traditional e-commerce via desktop computers. However, e-retailers around the world have caught up in mobile e-commerce sales. Online shopping via smartphones is particularly prominent in Asia. By the end of 2021, Malaysia was the top digital market based on the percentage of the population that had purchased something by phone, with nearly 45 percent having made a weekly mobile purchase. South Korea, Taiwan, and the Philippines completed the top of the ranking.
E-Commerce Retail Market Size 2024-2028
The e-commerce retail market size is forecast to increase by USD 4,061.3 billion at a CAGR of 11.2% between 2023 and 2028. The market is witnessing significant growth, driven by the increasing use of digital devices for purchasing everyday basics and luxury items. Headless e-commerce architecture, which separates the front-end presentation layer from the back-end services, is gaining popularity for its flexibility and faster time-to-market. Market trends include the integration of artificial intelligence for personalized shopping experiences and the adoption of augmented reality for enhanced product visualization. Payment gateways and digital wallets are becoming essential features for seamless transactions, while security remains a top priority with the implementation of advanced security features. Strict regulatory policies related to compliance and customer protection further fuel market growth. Overall, the market is poised for continued expansion, driven by technological innovations and evolving consumer preferences.
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The market is experiencing significant growth, driven by the increasing popularity of online shopping for daily essentials and luxury products. Smartphones have become the primary device for accessing online platforms, making mobile technologies essential for retailers. Cross-border e-commerce is also gaining traction, enabling consumers to purchase items from different countries. Retail e-commerce includes business-to-business (B2B) and consumer-to-consumer (C2C) transactions. E-commerce platforms are integrating inventory management, order processing, payment integration, mobile applications, and responsive websites to enhance the shopping experience. Digital payment methods, including voice orders and augmented reality, are also becoming increasingly popular. The market's growth is influenced by factors such as internet penetration, convenience shopping, and the availability of computer, smartphone, and tablet devices. Data security is a critical concern for consumers and retailers, necessitating security measures to protect sensitive information. The market is expected to continue its growth trajectory, offering significant opportunities for businesses in the e-commerce sector.
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.
Product
Apparel and accessories
Groceries
Footwear
Personal and beauty care
Others
Modality
Business to business (B2B)
Business to consumer (B2C)
Consumer to consumer (C2C)
Geography
APAC
China
India
Japan
South Korea
North America
Canada
US
Europe
Germany
UK
France
Italy
South America
Middle East and Africa
By Product Insights
The apparel and accessories segment is estimated to witness significant growth during the forecast period. The market, particularly in sectors such as apparel and accessories, is witnessing significant growth due to several factors. Increasing consumer affluence, the trend toward premiumization, and the shift toward organized retail are key drivers of this expansion. In India, the domestic lifestyle industry, which encompasses apparel, beauty, accessories, and footwear, is projected to reach USD 210 billion by 2028. A significant factor fueling this growth is the Gen Z demographic, which is heavily influenced by social media trends and is increasingly turning to online platforms for shopping. This demographic's preference for the latest fashion trends and their willingness to invest in premium products make them a crucial segment for e-commerce retailers. Hybrid marketplaces, which combine elements of both pure marketplaces and traditional retail, are gaining popularity in the e-commerce retail landscape.
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The apparel and accessories segment accounted for USD 1,183.90 billion in 2018 and showed a gradual increase during the forecast period.
Regional Insights
APAC is estimated to contribute 42% 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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The Asia Pacific region is witnessing significant growth in the market due to innovative hybrid marketplaces and strategic partnerships that facilitate cross-border trade. In Japan, for instance, there is an increasing trend towards pure marketplaces that offer services to assist retailers in managing i
US B2C E-Commerce Market Size 2025-2029
The B2C e-commerce market size in US is forecast to increase by USD 289.2 billion at a CAGR of 8.7% between 2024 and 2029.
The B2C e-commerce market is experiencing significant growth, driven by several key factors. The increasing trend of online spending and the widespread penetration of smartphones have fueled market expansion. Moreover, the emergence of omnichannel retailing has become essential for businesses to cater to customers' evolving shopping preferences. Digital connectivity is transforming traditional retail, as players in sectors such as personal care adapt to the new e-commerce landscape.
Logistics has become critical In the e-commerce industry, leading to high overhead costs. Retailers must optimize their supply chain operations to ensure timely delivery and customer satisfaction. These trends present both opportunities and challenges for market players. Effective logistics management and the ability to offer seamless omnichannel shopping experiences will be crucial for success In the competitive B2C e-commerce landscape.
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The B2C e-commerce market continues to evolve, driven by the ubiquity of smartphones and internet access. Online shopping activities have grown, with mobile applications becoming a preferred channel for consumers. Social media and influencer culture significantly influence purchasing decisions, with artificial intelligence and machine learning powering personalized recommendations. Augmented reality and virtual reality technologies offer interactive shopping experiences, while voice commerce enables hands-free transactions.
In addition, international markets are expanding, fueled by 5G technology and multimedia content. Online payment methods are becoming more diverse, catering to various consumer preferences. Personal information security remains a critical concern, with logistics networks and supply chain management optimized for efficiency.
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Type
B2C retailers
Classifieds
Application
Consumer electronics and home appliances
Apparel and accessories
Personal care
Others
Platform
Multi-brand
Single-brand
Geography
US
By Type Insights
The B2C retailers segment is estimated to witness significant growth during the forecast period.
The e-commerce market In the US has experienced significant growth due to the increasing use of smartphones, Internet access, and mobile applications for online shopping activities. B2C companies have responded by offering interactive and personalized shopping experiences through advanced technologies such as artificial intelligence, machine learning, augmented reality, and virtual reality. Payment security is a priority, with e-commerce platforms utilizing encryption, fraud detection systems, two-factor authentication, and cybersecurity measures to ensure secure transactions. E-commerce sales continue to grow, driven by the convenience of online payment methods, including digital wallets, credit cards, and mobile payment solutions. International markets and the electronics sector are major contributors to this trend.
However, cyber threats such as malware, phishing attacks, ransomware, DDoS attacks, IoT sensors, real-time monitoring, RFID tracking, and advanced analytics are challenges that e-commerce companies must address to maintain customer trust. The personal care industry and traditional retail are also adapting to digital connectivity, with logistics networks and supply chain management optimized for online retailers and mobile platforms.
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Market Dynamics
Our US B2C E-Commerce Market researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in adoption of US B2C E-Commerce Market?
The rise in online spending and smartphone penetration is the key driver of the market.
The B2C e-commerce market In the US has experienced significant growth due to the widespread availability of Internet access and the increasing use of smartphones for online shopping activities. Mobile applications have become a preferred choice for consumers, with social media and influencer culture playing a pivotal role in driving sales. Artificial intelligence and machine learning are transforming the industry by providing personalized
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The market for online shopping is anticipated to expand significantly, with a market size projected to reach 5508120 million US dollars in 2025 and a CAGR of 10.2%. This growth is attributed to the increasing convenience, affordability, and variety online shopping offers compared to traditional brick-and-mortar stores. Additionally, the proliferation of internet access and the widespread adoption of smartphones and other mobile devices have facilitated the growth of e-commerce. Online shopping has transformed the retail landscape, with major players such as Amazon, Alibaba, and JD.com dominating the market. These companies have invested heavily in technology, logistics, and customer service, resulting in a seamless and efficient e-commerce experience. The market is further segmented by application (enterprises and individual consumers) and types (food and beverage, consumer electronics, personal care products, clothing, etc.). Different regions, such as North America, Europe, and Asia Pacific, exhibit varying levels of online shopping penetration and growth potential. Factors such as internet connectivity, consumer behavior, and economic conditions influence the market dynamics across these regions.
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The global e-commerce market is experiencing robust growth, projected to reach $30.44 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 20.5% from 2025 to 2033. This expansion is driven by several key factors. Increasing internet and smartphone penetration, particularly in developing economies, is fueling a surge in online shoppers. Furthermore, the convenience of online shopping, coupled with wider product availability and competitive pricing, is significantly attracting consumers. The shift towards digitalization across various sectors, including home appliances, fashion, groceries, and books, is bolstering demand. B2C e-commerce is currently the dominant segment, although B2B e-commerce is experiencing rapid growth, driven by businesses streamlining their procurement processes. Effective marketing strategies, including targeted advertising and personalized recommendations, are further contributing to market expansion. However, challenges remain. Cybersecurity concerns, logistics complexities related to last-mile delivery, and the need for robust customer support infrastructure pose obstacles to sustained growth. Competition amongst established players and new entrants is intense, necessitating continuous innovation and strategic adaptation. Government regulations regarding data privacy and consumer protection also play a significant role in shaping the market landscape. Market segmentation reveals diverse consumer preferences, necessitating customized approaches for different product categories and customer demographics. Strong regional variations exist, with certain regions showing faster growth rates than others. This underscores the importance of understanding local market dynamics and adapting strategies accordingly. The continuous evolution of technological advancements will influence future market trajectories and further complicate market entry and competition.
Online shoppers in the U.S. and UK revealed that they will go somewhere else if their preferred retailer for consumer electronics does not have what they want, according to a 2022 survey. Additionally, another 62 percent of respondents reported that knowing when an electronics item is low-in-stock impacts their purchase decision.
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As per Cognitive Market Research's latest published report, the Global Online Fashion Retail market size was $771.90 Billion in 2022 and it is forecasted to reach $2,755.17 Billion by 2030. Online Fashion Retail Industry's Compound Annual Growth Rate will be 17.37% from 2023 to 2030. Market Dynamics of the Online Fashion Retail Market:
Evolution in online shopping along with the emergence of technologies:
Technological advancement has become the center of life. Most devices such as smartwatches, and mobile phones with multiple accessibilities merge with digital networks. Technologies such as blockchain, and artificial intelligence have pushed online fashion businesses to be more user-friendly which can help customer to fulfill their needs. E-commerce retail platforms which are using several technologies would be able to surge their competitive advantage towards better customer experiences and customizing the products as per their requirements. Artificial Intelligence (AI) is becoming the most popular technology in the online fashion retail industry. AI has the ability to change vast and diverse data into valuable data which helps to exceed cost, speed, and time. Furthermore, Augmented Reality (AR) technology also plays a vital role which provides a real-time view and also magnified computer-generated information.
Restraining Factor:
Lack of close examination and frauds in online shopping:
Many customers want to feel and touch the product in order to identify product quality. Thus, most of the customers prefer to purchase from window shops to touch-feel-try the products which may lead to hinder the market growth to some extent. In addition, the products shown in the pictures are sometimes misleading. The size, colour, and appearance are not images with electronic images. In addition, many people prefer to visit physical stores for examining the product though it consumes time. Further, the online payment mode is not much safe while doing payment transactions. Therefore, retailers and e-marketers are paying attention to finding out a solution to this issue.
However, the emergence of new technologies, good discounts, availability of different brands, time-saving processes, a wide range of products, and safer payment transactions are expected to surge the market growth during the forecast period.
Current Trends on Online Fashion Retail:
Development of new applications in online fashion retail platforms:
Increasing penetration of smartphones and the emergence of new technologies followed by the development of different applications have gained traction in the online fashion retail market. Solutions like Mobile body scanning technology are having a lucrative impact on the online fashion retail market size and shape. In addition, a solution like Mobile Tailor which allows customers to take body measurements remotely and contactless by using just two photos of them enables businesses to expand their reach. Furthermore, YourFit solution also helps shoppers to find out matching online shoppers in order to overcome size issues. Thus, the development of new applications in the fashion world is projected to expand the market growth in the future.
Impact of the COVID-19 pandemic on the Online Fashion Retail Market:
The outbreak of Covid-19 has significant impact on the global fashion retail market. As governments of several nations announced lockdown and social distancing regulations, the market has faced several damages during the Covid-19 pandemic. However, there are some positive impacts such as the emergence of new technologies i.e. ewallet, 360-degree videos, three-dimensional product view, and trying on clothes with augmented reality has gained traction during a pandemic. The online fashion market has gained traction among young consumers during the outbreak of COVID-19. UK-based eCommerce company BooHoo has reported that during the lockdown their sales has increased by 45% in May 2020.
As the online fashion retail industry is growing, fashion businesses need to adapt to changing circumstances. Due to the high competition in the sector, online fashion businesses have to implement new intelligent solutions which are going to recommend the right product to the right customer in real time. Introduction of Online Fashion Retail:
In the past decade, increasing usage of the internet has given new momentum to the online fashion retail market. Rising demand for designer dress...
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The E-Retail Market is Segmented by Product (home Appliances and Electronics, Clothing, Footwear and Accessories, Food and Personal Care, Furniture and Home Decor, and Other Products) and by Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Report Offers Market Size and Forecasts in Value (USD ) for all the Above Segments.
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Graph and download economic data for E-Commerce Retail Sales as a Percent of Total Sales (ECOMPCTSA) from Q4 1999 to Q4 2024 about e-commerce, retail trade, percent, sales, retail, and USA.
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The Qatar Ecommerce Market size was valued at 4.18 USD Billion in 2024 and is projected to reach USD 9.22 Billion by 2032 growing at a CAGR of 10.70% from 2025 to 2032.
Key Market Drivers:
Digital Transformation: The accelerating adoption of digital technologies and smart devices among Qatar’s population drives significant growth in online shopping behaviors. The integration of advanced payment systems, coupled with improved internet infrastructure and growing smartphone penetration, creates a robust foundation for e-commerce expansion, particularly in mobile commerce and social shopping platforms.
Government Support: Qatar’s comprehensive digital transformation initiatives and supportive regulatory framework for e-commerce businesses create an enabling environment for sector growth. The government’s investment in digital infrastructure, coupled with initiatives to promote cashless transactions and digital literacy, significantly contributes to market expansion and technological advancement.
Augmented Shopping Market Size 2024-2028
The augmented shopping market size is forecast to increase by USD 27.19 billion at a CAGR of 54.26% between 2023 and 2028.
The market is experiencing significant growth, driven by the increasing use of augmented reality (AR) technology to enhance advertising effectiveness. With the widespread adoption of smartphones and tablets, consumers are increasingly engaging with augmented reality experiences, providing a new avenue for retailers to engage with customers. However, privacy and security concerns surrounding AR technology pose challenges that must be addressed to ensure consumer trust. As AR becomes more prevalent in shopping, it is essential for businesses to prioritize user privacy and implement security measures to mitigate risks. The market is expected to continue growing as technology advances and consumer acceptance increases.
Retailers that can effectively leverage AR to create engaging shopping experiences while addressing privacy and security concerns will be well-positioned to succeed in this dynamic market.
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The market is experiencing significant growth as consumer engagement and customer experience continue to be prioritized In the retail sector. Augmented reality (AR) technology is revolutionizing product sales by enabling virtual demonstrations, personalized recommendations, and touch-free experiences. AR applications are transforming home goods shopping with virtual try-on features, smart mirrors, and interactive product displays. Retailers are leveraging AR to enhance the shopping experience, providing tech-savvy consumers with a more engaging and convenient online shopping experience. It is also driving innovation in product identification, navigation, and visualization. Object recognition and recommendation systems are improving the shopping experience by realising user preferences and suggesting relevant products.
AR glasses and mobile applications are becoming increasingly popular components of the digital infrastructure, enabling augmented navigation and touch-free interaction with products. Historically, AR has been used primarily In the fashion industry, but its applications are expanding to other sectors, including home goods and e-commerce. Smartphone penetration and the increasing availability are fueling the growth of this market. The future of shopping is becoming more interactive, personalized, and convenient, with AR technology at the forefront of the trend.
How is this Augmented Shopping Industry segmented and which is the largest segment?
The augmented shopping industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Component
Software
Services
Application
Automotive
Home goods and furniture
Beauty and cosmetics
Apparel fittings
Others
Geography
North America
Canada
US
APAC
China
Europe
Germany
UK
South America
Middle East and Africa
By Component Insights
The software segment is estimated to witness significant growth during the forecast period.The market represents a significant segment of the retail industry's digital transformation. This sector integrates augmented reality (AR) technology into shopping experiences, enhancing consumer engagement and personalization. Key components of the augmented shopping software market include AR platforms, virtual demonstrations, product identification, and navigation. AR platforms serve as the foundation for creating engaging shopping experiences, offering features such as 3D modeling, tracking, rendering, and interaction capabilities. Virtual demonstrations enable customers to test products in a touch-free environment, while product identification and augmented navigation assist users in locating items. Home goods, beauty and cosmetics, and fashion industries have embraced this technology, driving growth in consumer traffic and brand awareness.
AR technology companies, such as Sephora Virtual Artist, have developed innovative solutions to cater to tech-savvy consumers. The market's expansion is fueled by increasing smartphone penetration, online shopping experience preferences, and the availability of advanced tracking and rendering capabilities. Despite challenges related to adoption and fragmentation, the potential for engaging experiences and improved customer satisfaction continues to propel the industry forward. Lastly, the options of computer vision and image recognition algorithms for detection, tracking, and recognition of products, facilitating seamless integration with augmented shopping applications also give the consumer further informat
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The online retail market, valued at $6.27 billion in 2025, is projected to experience robust growth, fueled by a Compound Annual Growth Rate (CAGR) of 6.23% from 2025 to 2033. This expansion is driven by several key factors. Increasing internet and smartphone penetration globally, particularly in developing economies, provides access to a vastly expanding customer base. Convenience, wider product selection, and competitive pricing offered by online retailers are significant drivers. Furthermore, the rise of e-commerce platforms offering personalized experiences, seamless payment gateways, and efficient delivery services are contributing to market growth. The shift in consumer preferences towards online shopping, accelerated by the recent pandemic, solidifies the long-term growth trajectory of this sector. Significant segments within the market include home appliances and electronics, clothing, footwear, and accessories, food and personal care, and furniture and home décor. Leading players such as Amazon, eBay, Alibaba, and Walmart are constantly innovating to maintain their market share, leading to increased competition and further market dynamism. The geographic distribution of the online retail market reveals significant regional variations. North America and Europe currently hold substantial market shares, driven by high internet penetration and established e-commerce infrastructure. However, the Asia-Pacific region, particularly India and China, demonstrates immense growth potential due to its burgeoning middle class and rapidly expanding digital economy. While challenges remain, such as concerns over data security and cybersecurity, the overall trend points towards sustained and substantial growth for the online retail sector over the forecast period. Effective strategies for businesses will involve adapting to evolving consumer preferences, investing in technological advancements, and navigating the complexities of global logistics and regulations. This will ensure continued success in this dynamic and competitive marketplace. This insightful report provides a detailed analysis of the dynamic online retail market, projecting its trajectory from 2019 to 2033. With a base year of 2025 and an estimated year of 2025, this comprehensive study covers the historical period (2019-2024) and forecasts the market's growth from 2025 to 2033. We delve into key segments like home appliances & electronics, clothing, footwear & accessories, food & personal care, furniture & home décor, and other products, examining market size in millions and exploring the impact of major players including Amazon, eBay, Alibaba, and more. This report is essential for businesses seeking to understand the competitive landscape and capitalize on emerging trends in this multi-billion dollar industry. Recent developments include: In November 2023, Amazon inked a partnership with Meta. This strategic partnership will combine Meta's well-known social media platforms, Facebook and Instagram, with Amazon's enormous product selection to completely transform online shopping., In July 2023, eBay acquired Certilogo, an AI-powered apparel and fashion goods authentication provider.. Notable trends are: The Fashion and Apparel Sector Thrives in the Global E-Retail Boom.
The graph shows the cumulative number of online shoppers in China from 2013 to 2024. As of 2024, about 974 million people in China had purchased goods online.E-commerce in ChinaThe past decade has seen rapid growth in the demand for online shopping opportunities in China. The number of online shoppers in China has been increasing exponentially from below 34 million in 2006 to over 466 million users a decade later, enabling this enormous spurt of China’s e-commerce sector. By 2022, digital buyer penetration rate in China has edged close to 59 percent. China has been the world’s second-largest e-tailing market after the U.S. in recent years. As of 2023, the gross merchandise volume of online shopping in China had amounted to around 15.43 trillion yuan. By 2025, the volume of B2C e-commerce sales in China was expected to surpass 1.5 trillion U.S. dollars. The largest B2C e-commerce retailer in China with regard to gross merchandise volume (GMV) had been Tmall. The B2C online retail platform operated by Alibaba Group had generated a transaction volume of about 6.6 trillion yuan in 2020. The GMV of the leading C2C online retail platform taobao.com, also operated by Alibaba group, had reached almost 3.4 trillion yuan that year.
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The global e-commerce market is experiencing robust growth, projected to reach a market size of $1.82 billion in 2025 and exhibiting a Compound Annual Growth Rate (CAGR) of 12.57% from 2025 to 2033. This expansion is fueled by several key drivers. The increasing penetration of smartphones and internet access, particularly in developing economies, significantly broadens the potential customer base. Simultaneously, evolving consumer preferences towards convenience and the seamless shopping experience offered by online platforms are major catalysts. Furthermore, the ongoing development and refinement of e-commerce technologies, including advanced logistics, secure payment gateways, and personalized marketing strategies, contribute to sustained market growth. The diverse range of product categories available online, encompassing fashion and apparel, consumer electronics, toys, beauty products, and more, caters to a wide spectrum of consumer needs, further driving market expansion. Competitive pressures among established players and new entrants continue to innovate and optimize the customer journey, leading to a highly dynamic and evolving market landscape. Despite the significant growth potential, the e-commerce market faces certain challenges. Concerns around data security and online fraud remain a persistent issue, requiring robust security measures to maintain consumer trust. Logistics and delivery infrastructure limitations, particularly in certain regions, can impact order fulfillment efficiency and customer satisfaction. Furthermore, the increasing competition and the need for constant innovation to remain competitive necessitate substantial investment in technology and marketing, impacting profitability for some players. The fragmentation of the market, with both large multinational corporations and smaller niche players vying for market share, also creates a complex and competitive landscape. Regional variations in market maturity and regulatory environments also pose unique challenges for e-commerce businesses operating globally. Despite these restraints, the long-term outlook for the e-commerce market remains positive, driven by sustained technological advancements and evolving consumer behavior.
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Pakistan Google Search Trends: Online Shopping: Tmall data was reported at 0.000 Score in 19 Mar 2025. This stayed constant from the previous number of 0.000 Score for 18 Mar 2025. Pakistan Google Search Trends: Online Shopping: Tmall data is updated daily, averaging 0.000 Score from Dec 2021 (Median) to 19 Mar 2025, with 1205 observations. The data reached an all-time high of 23.000 Score in 11 Dec 2022 and a record low of 0.000 Score in 19 Mar 2025. Pakistan Google Search Trends: Online Shopping: Tmall data remains active status in CEIC and is reported by Google Trends. The data is categorized under Global Database’s Pakistan – Table PK.Google.GT: Google Search Trends: by Categories.
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According to Cognitive Market Research, the global Artificial Intelligence in Retail market size is USD 4951.2 million in 2023and will expand at a compound annual growth rate (CAGR) of 39.50% from 2023 to 2030.
Enhanced customer personalization to provide viable market output
Demand for online remains higher in Artificial Intelligence in the Retail market.
The machine learning and deep learning category held the highest Artificial Intelligence in Retail market revenue share in 2023.
North American Artificial Intelligence In Retail will continue to lead, whereas the Asia-Pacific Artificial Intelligence In Retail market will experience the most substantial growth until 2030.
Enhanced Customer Personalization to Provide Viable Market Output
A primary driver of Artificial Intelligence in the Retail market is the pursuit of enhanced customer personalization. A.I. algorithms analyze vast datasets of customer behaviors, preferences, and purchase history to deliver highly personalized shopping experiences. Retailers leverage this insight to offer tailored product recommendations, targeted marketing campaigns, and personalized promotions. The drive for superior customer personalization not only enhances customer satisfaction but also increases engagement and boosts sales. This focus on individualized interactions through A.I. applications is a key driver shaping the dynamic landscape of A.I. in the retail market.
January 2023 - Microsoft and digital start-up AiFi worked together to offer Smart Store Analytics. It is a cloud-based tracking solution that helps merchants with operational and shopper insights for intelligent, cashierless stores.
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Improved Operational Efficiency to Propel Market Growth
Another pivotal driver is the quest for improved operational efficiency within the retail sector. A.I. technologies streamline various aspects of retail operations, from inventory management and demand forecasting to supply chain optimization and cashier-less checkout systems. By automating routine tasks and leveraging predictive analytics, retailers can enhance efficiency, reduce costs, and minimize errors. The pursuit of improved operational efficiency is a key motivator for retailers to invest in AI solutions, enabling them to stay competitive, adapt to dynamic market conditions, and meet the evolving demands of modern consumers in the highly competitive artificial intelligence (AI) retail market.
January 2023 - The EY Retail Intelligence solution, which is based on Microsoft Cloud, was introduced by the Fintech business EY to give customers a safe and efficient shopping experience. In order to deliver insightful information, this solution makes use of Microsoft Cloud for Retail and its technologies, which include image recognition, analytics, and artificial intelligence (A.I.).
Market Dynamics of the Artificial Intelligence in the Retail market
Data Security Concerns to Restrict Market Growth
A prominent restraint in Artificial Intelligence in the Retail market is the pervasive concern over data security. As retailers increasingly rely on A.I. to process vast amounts of customer data for personalized experiences, there is a growing apprehension regarding the protection of sensitive information. The potential for data breaches and cyberattacks poses a significant challenge, as retailers must navigate the delicate balance between utilizing customer data for AI-driven initiatives and safeguarding it against potential security threats. Addressing these concerns is crucial to building and maintaining consumer trust in A.I. applications within the retail sector.
Impact of COVID–19 on the Artificial Intelligence in the Retail market
The COVID-19 pandemic significantly influenced artificial intelligence in the retail market, accelerating the adoption of A.I. technologies across the industry. With lockdowns, social distancing measures, and a surge in online shopping, retailers turned to A.I. to navigate the challenges posed by the pandemic. AI-powered solutions played a crucial role in optimizing supply chain management, predicting shifts in consumer behavior, and enhancing e-commerce experiences. Retailers lever...
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The global e-commerce apparel market is experiencing robust growth, driven by increasing internet and smartphone penetration, a shift towards online shopping convenience, and the expanding reach of e-commerce platforms. The market, estimated at $500 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching approximately $1.5 trillion by 2033. This substantial growth is fueled by several key factors, including the rising popularity of online fashion retailers, improved logistics and delivery infrastructure, and the increasing adoption of mobile commerce. The market is segmented by apparel type (women’s, men’s, children’s) and business model (B2B, B2C), with B2C currently dominating the market share due to the vast consumer base engaging in online shopping for personal apparel. Geographic variations are significant, with North America and Asia-Pacific leading in market size, fueled by strong consumer spending and technological advancements. However, emerging markets in regions like Africa and South America show immense growth potential as e-commerce infrastructure develops and internet access expands. Competition within the sector is intense, with major players such as Walmart, Amazon, Alibaba, and others constantly striving for market share through innovative strategies, competitive pricing, and personalized customer experiences. The competitive landscape is characterized by the dominance of large multinational corporations alongside smaller, specialized online boutiques. These smaller players often thrive by offering niche products or a highly personalized customer experience. The market is further influenced by evolving consumer preferences, including a growing demand for sustainable and ethically sourced apparel, impacting supply chain practices and product offerings. Challenges remain, including concerns about returns management, ensuring product authenticity, and addressing cybersecurity risks associated with online transactions. Furthermore, logistical hurdles and infrastructure limitations in certain regions continue to pose barriers to complete market penetration. Nevertheless, the overall outlook remains positive, driven by continuing technological innovation, rising disposable incomes in many developing economies, and the enduring appeal of online shopping convenience.
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The global shopping platform market is projected to exhibit strong growth in the coming years, driven by several factors. The increasing penetration of e-commerce, growing consumer disposable income, and the increasing availability of mobile devices are some of the key factors driving the market growth. The market is also expected to benefit from the growing popularity of online shopping, which is driven by the convenience and ease of shopping from home. The market is segmented on the basis of type and application. By type, the market is segmented into food, books, 3C, and others. By application, the market is segmented into pay online and express. The Asia Pacific region is expected to dominate the global shopping platform market throughout the forecast period. The region is home to a large population of internet users and is experiencing rapid growth in e-commerce. The increasing disposable income and the growing middle class in the region are also expected to contribute to the growth of the market. The market in North America is expected to witness moderate growth during the forecast period. The region is home to a large number of established e-commerce companies and is experiencing slow growth in e-commerce. The market in Europe is expected to witness moderate growth during the forecast period. The region is home to a large number of established e-commerce companies and is experiencing slow growth in e-commerce.
Online shopping in the Netherlands increased significantly since the start of the coronavirus outbreak. All product categories enjoyed an increase in online sales, according to a survey among Dutch consumers. Furthermore, this change in consumer behavior was expected to persist in the post-coronavirus era, as Dutch consumers signaled the intention to increase their online shopping for all product categories. At the time of the survey, clothing and entertainment goods were purchased online by nearly 60 percent of the respondents, making them the most e-commerce-oriented product categories. The hardware and tools market was predicted to make the largest digital shift, with an online shopping increase of almost ten percent.
Online Shopping in the Netherlands
Aside from the change in shopping behavior due the coronavirus lockdown, the survey also revealed that a large portion of Dutch consumers were already more likely to shop on the internet than in physical stores. E-commerce in the Netherlands expanded rapidly in recent years, almost doubling in revenue between 2014 and 2019. From a European perspective, the Netherlands was among the countries with the highest share of online shoppers. As of May 2020, online retailers Bol.com and Coolblue have been the main drivers behind the expansion of e-commerce in the Netherlands, with Amazon playing a relatively small role. However, the official launch of the Dutch platform Amazon.nl in 2020 was expected to send shock waves through the online retail industry in the country.
COVID-19 and shopping behavior
The coronavirus outbreak changed the retail climate in the Netherlands dramatically, as social distancing rules caused the closure of many physical stores in March and April 2020. Unlike in other European countries, shops were not forced to close in the Netherlands. However, a widespread fear, combined with compliance with governments's recommendations to stay at home, led to a freefall of sales in physical stores.