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E-Commerce & Online Auctions in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

E-Commerce & Online Auctions Market Research Report | NAICS 45411a | Feb 2016

Add to cart: Rising disposable income and internet connectivity will encourage more online sales

IBISWorld’s E-Commerce & Online Auctions market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$308bn
Annual Growth 11-16
11.2%
Annual Growth 16-21
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Profit
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Employment
374,387
Businesses
161,332
Industry Analysis & Industry Trends

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... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

In the 10 years to 2021, industry value added, which measures the industry's contribution to the US economy, is expected to increase at an average annual rate of 11.8%. Meanwhile, US GDP is forecast to rise at an average annual rate of 2.3% over the same period. High IVA growth relative to the economy as a whole is highly indicative of a growing life cycle stage. Moreover, the industry is still experiencing the entrance of many new operators and rapid innovation.

Over the 10 years to 2021, the number of online retailers and auction sites is expected to increase at an average annual rate of 13.4%. Driven by the rising prevalence of high-speed internet services (e.g. broadband), mobile payment systems and burgeoning demand, industry participation is on the rise... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the E-Commerce & Online Auctions Industry?

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.

Industry Products
Computer hardwareFood, beverages and alcoholClothing, footwear and accessoriesMedication and cosmeticsFurniture and home appliancesOffice equipment and suppliesSporting goods, toys, hobby items and gamesOther merchandise
 
Industry Activities
Retailing computers, TVs and other electronics onlineRetailing clothing and footwear onlineRetailing other merchandise onlineOperating internet auction sites


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