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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 | Jul 2014

Good bet: As consumers make more online purchases, strong industry growth will continue

IBISWorld’s E-Commerce & Online Auctions market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$298bn
Annual Growth 09-14
10.3%
Annual Growth 14-19
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Profit
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Employment
266,052
Businesses
131,447
Industry Analysis & Industry Trends

The E-Commerce & Online Auctions industry has experienced exceptionally rapid growth since the beginning of the decade, outperforming most retail sectors. As internet use becomes more commonplace, consumers are more likely to purchase goods from online retailers. Growth in this industry is also due to consumers becoming more comfortable purchasing items online. In particular, internet payment systems like PayPal have made buying online easier and more secure, helping retailers sway security-minded consumers and attract repeat buyers... purchase to read more

Industry Report - Industry Analysis Chapter

The E-Commerce and Online Auctions industry has experienced a decade of growth as more and more Americans have become accustomed to making purchases online. The industry was briefly slowed by the recession; however, the economic recovery has been a boon to industry revenue. Consumer confidence surged in 2010, while per capita disposable income also began to recover from the economic downturn. As cash-strapped consumers searched online for deals and engaged in comparison shopping, the percentage of services conducted online grew steadily. Over the past five years, industry revenue has grown an annualized 10.3% to $297.9 billion in 2014, with an expected increase of 4.3% in 2014 alone... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the E-Commerce & Online Auctions Industry?

The E-Commerce and Online Auctions industry is comprised of establishments that primarily sell goods online. The internet is the main selling platform via either a retailer's online store or an auction site. Brick-and-mortar stores that have also set up websites in conjunction with physical outlets are excluded from this industry.

Industry Products
Computers and TVsFood, beverages and pet foodClothing, footwear, accessories and jewelryMedication and cosmeticsFurniture and home appliancesOffice equipment and suppliesSporting goods, toys, hobby items and gamesOther merchandise
 
Industry Activities
Operating internet sale sitesOperating internet auction sites


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