The E-Commerce and Online Auctions industry is growing rapidly as more time-strapped and cost-conscious consumers are lured by the convenience of finding, comparing and purchasing products online easily and quickly. Driven by increased consumer spending and the rapidly growing number of total internet connections, revenue for the E-Commerce and Online Auctions industry is expected to rise over the five years to 2017. Over the five years to 2022, the industry is expected to continue on its current course as internet traffic volume continues to grow and spending further shifts from traditional retailing to e-commerce. The greatest opportunity for growth will come from categories that were traditionally dominated by brick and mortar shopping, including groceries and major appliances products. Over the next five years, revenue is estimate to increase.
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.