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Global E-Commerce Market 2021-2026: Industry Trends, Share, Size, Growth, Opportunity and Forecast

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amara murray
Global E-Commerce Market 2021-2026: Industry Trends, Share, Size, Growth, Opportunity and Forecast

According to the latest report by IMARC Group, titled “Africa E-Commerce Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market grew at a CAGR of around 40% during 2015-2020. E-commerce, or electronic commerce, refers to various commercial transactions conducted electronically through the internet. It includes marketplace services, buying and selling of consumer products, customer support, etc. E-commerce also includes payment gateways, internet banking, online auctions, online ticketing. It is classified into different business models, such as the Business to Customer (B2C) model, Business to Business (B2B) model, Customer to Customer (C2C) model, and Customer to Business (C2B) model. E-commerce platforms provide numerous benefits, such as fewer transaction costs, a global reach, direct communication between the parties involved, higher profit margins, fast delivery of goods and services, etc.


Request Free Report Samplehttps://www.imarcgroup.com/africa-e-commerce-market/requestsample



Increasing internet penetration, rising levels of urbanization, and the high adoption of smart devices to access e-commerce portals are driving the Africa e-commerce market. E-commerce allows enterprises to conduct business without a physical presence, thereby mitigating infrastructure and overhead expenses. The elevating traction for online retail channels and the rising influence of social networking platforms are also bolstering the market growth in the region. Moreover, the emergence of private-label and consumer-based business models enables businesses to collect and use consumer data to provide customized products. Besides this, the sudden outbreak of the COVID-19 leading to the closure of offline retail channels is expected to catalyze the demand for e-commerce platforms in the coming years. Looking forward, IMARC Group expects the market to continue its robust growth during 2021-2026.


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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.


Competitive Landscape with Key Players:


  • AliExpress Ltd
  • Amazon Inc
  • Avito Holding AB
  • com Inc
  • DHL Worldwide Express
  • DealDey Ltd
  • eBay Inc
  • com Limited
  • Jiji Press Ltd.
  • Jumia Technologies AG
  • Konga Online Shopping Ltd
  • Naspers Ltd
  • OLX Inc


Key Highlights of the Market Segmentation:


Breakup by Business Model:


  • B2C
  • B2B
  • C2C
  • Others

Breakup by Mode of Payment:


  • Payment Cards
  • Online Banking
  • E-Wallets
  • Cash-On-Delivery
  • Others

Breakup by Service Type:


  • Financial
  • Digital Content
  • Travel and Leisure
  • E-Tailing
  • Others


Breakup by Product Type:


  • Groceries
  • Clothing and Accessories
  • Mobiles and Electronics
  • Health and Personal Care
  • Others


Breakup by Country:


  • South Africa
  • Nigeria
  • Egypt
  • Morocco
  • Kenya
  • Others

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/africa-e-commerce-market


Note: We are updating our reports, If you want the report with the latest primary and secondary data (2021-2026) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.


About Us:


IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


Contact Us:

IMARC Group

30 N Gould St Ste R

Sheridan, WY 82801 USA – Wyoming

Email: [email protected]

Tel No:(D) +91 120 433 0800

Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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