B2C e-commerce Market Popular Trends and Technological Advancements, Forecast and Opportunities To 2025 “The market is estimated to grow at a significant CAGR of 11.7% over the future period as the scope and its applications are rising enormously across the globe.”
Global B2C e-commerce Market is expected to reach USD 7,724.8 billion by 2025. B2C is also termed, as a business to consumer e-commerce or electronic commerce, is a system used to define a commerce transaction amongst a business and an end consumer over the internet. It abridges the shopping experience for both vendors and consumers. The market is estimated to grow at a significant CAGR of 11.7% over the future period as the scope and its applications are rising enormously across the globe. Rising broadband wireless connections, rising advantages like growing suitability of shopping and time management, and growing number of smartphone users are documented as major factors of B2C e-commerce Market that are estimated to enhance the growth in the years to come. The B2C e-commerce Market is segmented based on product type, device type, application, and region. Food and beverages; apparel, footwear, and accessories; publications; consumer electronics and electrical; infant’s and mother’s products; and beauty and personal care products that could be explored in B2C ecommerce in the forecast period. Exclusively used device for shopping and analysis of B2C e-commerce are mobile devices and PCs that could be explored in future. The PCs sector account for the largest market share of B2C e-commerce and is estimated to remain dominant in the coming years. This may be because of customers preferring PCs for accessing the internet.
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