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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 | Dec 2014

Good bet: Consumers will make more online purchases as purchasing technology and connectivity increase

IBISWorld’s E-Commerce & Online Auctions market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 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. In the coming years, continued economic recovery is expected to drive the industry's strong growth, but as the industry becomes more established over the next five years, revenue growth is anticipated to temper. Rising disposable income and declining unemployment will improve consumer confidence, increasing consumers' likelihood and ability to buy... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

In the 10 years to 2019, industry value added, which measures the industry's contribution to the US economy, is expected to increase at an average annual rate of 8.9%. Meanwhile, US GDP is forecast to rise at an average annual rate of 2.5% over the same period. The industry is in a growth phase of its life cycle because its growth rate outpaces GDP over a 10-year period, and the industry is still experiencing the entrance of many new operators and rapid innovation.

Over the five years to 2014, the number of online retailers and auction sites has increased at an average annual rate of 12.7% to an estimated 137,544. The number of industry establishments is also forecast to continue to increase over the five years to 2019, rising at an annualized 9.2% to 213,230 businesses... 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 sell all types of 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 sales sitesOperating internet auction sites


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