Accelerated by higher levels of disposable income and consumer's growing propensity to conduct services online, revenue for the E-Commerce and Online Auctions industry is expected to rise during the five years to 2016. As internet traffic increases and online shopping becomes more popular, retailers are expanding the products they carry to include common household goods such as DVDs, Blu-rays, books, clothing, footwear and even grocery and cleaning products. Hard-to-find niche products or products that are no longer being produced have also found a place in online markets. In the next five years, continued economic recovery is expected to drive the industry's strong growth. Rising disposable income and declining unemployment will improve consumer confidence, increasing consumers' likelihood and ability to buy. Additionally, internet traffic volume will continue to flourish over the next five years, boosting consumers' accessibility to online retailers.
The E-Commerce and Online Auctions industry comprises establishments that sell merchandise online. The internet is the main selling platform via either a retailer’s online store or an auction site. This industry excludes media and software that is streamed or downloaded online.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.