According to a recent report by ResearchAndMarkets.com, the global ecommerce market is expected to reach $6.5 trillion by 2027, growing at a CAGR of 12.8% from 2020 to 2027. The report provides a comprehensive analysis of the ecommerce market size and forecast by ecommerce segments, including retail shopping and media and entertainment.
Retail shopping is expected to be the largest segment of the ecommerce market, accounting for 63.6% of the total market share in 2020. Within retail shopping, the clothing, footwear & accessories segment is expected to be the largest sub-segment, followed by health, beauty and personal care. The food & beverage segment is also expected to experience significant growth, driven by the increasing demand for online grocery shopping.
Media and entertainment is expected to be the second-largest segment of the ecommerce market, accounting for 23.4% of the total market share in 2020.
Retail shopping is expected to be the largest segment of the ecommerce market, accounting for 63.6% of the total market share in 2020. Within retail shopping, the clothing, footwear & accessories segment is expected to be the largest sub-segment, followed by health, beauty and personal care. The food & beverage segment is also expected to experience significant growth, driven by the increasing demand for online grocery shopping.
Media and entertainment is expected to be the second-largest segment of the ecommerce market, accounting for 23.4% of the total market share in 2020.
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Ecommerce Market Size and Forecast by Ecommerce Segments (Gross Merchandise Value Trend Analysis, 2018-2027) Source: Visit website
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