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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 | Mar 2014

Window shopping: As consumers make more online purchases, strong industry growth will continue

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 & 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 - Starting a New Business Chapter

Prospective operators can establish e-commerce sites without much difficulty. This industry has a low level of concentration, with the two largest players accounting for about 17.5% of the available market. The industry is highly fragmented, with a large number of small and independent players dominating the industry. These two characteristics are reflective of low barriers to entry; Nonetheless, incumbent operators can still benefit from the reputations they have established as reliable operators who supply merchandise of an acceptable quality. Existing operators have also had to gain the trust of consumers with regard to providing secure websites for personal information, such as credit card details... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the E-Commerce & Online Auctions Industry?

The E-Commerce and Online Auctions industry encompasses 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 report.

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 salesOperating internet auctions


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