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E-Commerce International Market: Payment Solutions and Security to boost the market growth


Global E-Commerce International Market size was valued at USD 16.58 Tn in 2022 and E-Commerce International market revenue is expected to reach USD 90.81 Tn by 2029, at a CAGR of 27.5% over the forecast period.

Market Overview:

International E-commerce is the business of selling a product through an e-commerce website to buyers in foreign countries. As the proliferation of digital tools increases the availability of the Internet worldwide, company can sell online, making international e-commerce easier than ever before for pure play companies and brick & mortars. For traditional retailers international e-commerce serve as a testing ground to determine whether new foreign E-Commerce International market will be successful before opening a physical location there. In e-commerce international, transactions occur between businesses or sellers based in one country and consumers or buyers located in another country. The goods or services are sold, delivered, and consumed across international borders.

Drivers:

The development of secure and convenient payment gateways has fostered trust among consumers, encouraging them to shop internationally. Additionally, advancements in payment technology have made it easier for businesses to accept various currencies, which is expected to boost the E-Commerce International industry growth. E-commerce platforms that cater to the local preferences, languages, and cultures of their target markets have seen increased success. Personalization techniques, such as tailored product recommendations, also improve the customer experience, leading to higher conversion rates.

The presence of global e-commerce marketplaces like Amazon, Alibaba, and eBay has provided businesses with the infrastructure to access international customers. These platforms have a wide reach and simplify the process of selling across borders. Social media platforms have become powerful tools for e-commerce businesses to promote their products internationally. Influencer marketing has proven effective in reaching niche audiences in different regions.

Segmentation:

by Model Type

B2B
B2C

by Application

Outlook Home appliances
Fashion products
Groceries
Books
Others

Key Players: the key players are

1. BigCommerce Pty. Ltd.
2. Shopify Plus
3. Flow Commerce Inc.
4. Sana Commerce
5. Alibaba
6. Flipkart
7. Amazon
8. eBay
9. JD.com
10. Walmart
11. Rakuten
12. ASOS
13. Flipkart
14. Snapdeal
15. Coupang
16. Shopify
17. Etsy
18. AliExpress

Regional Analysis:

The report has assessed the global E-Commerce International market in the following regions:

  • America, North (the United States, Canada)
  • European Union (Germany, France, United Kingdom, Russia)
  • Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
  • Latin America (Brazil, Argentina, Colombia)
  • Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)

 

Key Questions answered in the E-Commerce International Market Report are:

  • Which key trends are likely to emerge in the E-Commerce International market in the forecast period?
  • What will be the E-Commerce International market size by 2027?
  • Which company had the biggest share in the E-Commerce International market in 2020?