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