Press release
BRICS e-commerce Retail Market Size, Share, Growth, Analysis and Forecast 2023-2030
BRICS e-commerce retail market is anticipated to grow at a modest CAGR of around 13.5% during the forecast period. The e-commerce retail market in Brazil, Russia, India, China, and South Korea are gaining popularity in the last few decades. The rising internet penetration and smartphone users are the prominent factors driving the growth of the market in BRICS countries. According to the experts of the Global Rus Trade report in 2017, the volume of e-commerce of BRICS countries is expected to increase 3 times within five years. E-commerce becomes a driver of economic growth in the BRICS countries, especially during the crisis due to the coronavirus pandemic.
To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/brics-e-commerce-retail-market
Internet penetration is the key factor in increasing market value, and it is further projected to grow. In line with this, in 2017, Internet penetration in Brazil was 68% Internet users of the total population in Brazil. The average share of the Brazilian population using different media platforms is 58% of Internet users. The share of e-shoppers was 38% (using smartphones and tablets). In Brazil, the share of e-commerce in GDP was only 0.92%. In the same year, the volume of the e-commerce market in Russia increased to 1.04 trillion rubles ($0.014 trillion), and internet penetration was 73% of Internet users of the total population in Russia. On the other hand, In 2018, retail e-commerce sales in India reached US$ 32.7 billion, and it is expected that in 2020, the Indian e-commerce market will grow to US$ 71.94 billion. This figure is expected to further grow more, which in turn, will drive the market growth.
Besides, some of the challenges faced in BRICS e-commerce development comprises logistics infrastructure, regulations, cross-border custom issues, and language barriers. For instance, In Russia, the language barrier in cross-border e-commerce stands out.
Market Coverage
The market number available for - 2020-2027
Base year- 2020
Forecast period- 2021-2027
Segment Covered-
o By End-User
o By Products
o By Device Used
Regions Covered-
Brazil
Russia
India
China
South-Korea
Competitive Landscape- Flipkart Pvt. Ltd.., Amazon.Com, Inc., Alibaba Group Holding Ltd., Alphabet Inc., JD.com Inc., Homeshop18, among others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
BRICS e-comerce Retail Market Report Segment
By End-User
Business to Consumer (B2C)
Business to Business (B2B)
Customer to Customer (C2C)
By Products
Electronics
Fashion
Healthcare
Automobile
Beauty and Personal Care
Others
By Device Used
Smartphone
Tablets
Personal Computer
A full report of BRICS e-commerce Retail Market is available at: https://www.omrglobal.com/industry-reports/brics-e-commerce-retail-market
Company Profiles
Flipkart Pvt. Ltd
Com, Inc.
Jasper Infotech Pvt Ltd (Snapdeal)
eBay Inc.
Clues Network Pvt. Ltd.
HomeShop18
Tencent Holdings Ltd
Alibaba Group Holding Ltd.
Alphabet Inc.
Com Inc.
ru
LAMODA
FedEx Corp.
DHL International GmbH
Zando
Reasons to Buying From us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/brics-e-commerce-retail-market
Internet penetration is the key factor in increasing market value, and it is further projected to grow. In line with this, in 2017, Internet penetration in Brazil was 68% Internet users of the total population in Brazil. The average share of the Brazilian population using different media platforms is 58% of Internet users. The share of e-shoppers was 38% (using smartphones and tablets). In Brazil, the share of e-commerce in GDP was only 0.92%. In the same year, the volume of the e-commerce market in Russia increased to 1.04 trillion rubles ($0.014 trillion), and internet penetration was 73% of Internet users of the total population in Russia. On the other hand, In 2018, retail e-commerce sales in India reached US$ 32.7 billion, and it is expected that in 2020, the Indian e-commerce market will grow to US$ 71.94 billion. This figure is expected to further grow more, which in turn, will drive the market growth.
Besides, some of the challenges faced in BRICS e-commerce development comprises logistics infrastructure, regulations, cross-border custom issues, and language barriers. For instance, In Russia, the language barrier in cross-border e-commerce stands out.
Market Coverage
The market number available for - 2020-2027
Base year- 2020
Forecast period- 2021-2027
Segment Covered-
o By End-User
o By Products
o By Device Used
Regions Covered-
Brazil
Russia
India
China
South-Korea
Competitive Landscape- Flipkart Pvt. Ltd.., Amazon.Com, Inc., Alibaba Group Holding Ltd., Alphabet Inc., JD.com Inc., Homeshop18, among others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
BRICS e-comerce Retail Market Report Segment
By End-User
Business to Consumer (B2C)
Business to Business (B2B)
Customer to Customer (C2C)
By Products
Electronics
Fashion
Healthcare
Automobile
Beauty and Personal Care
Others
By Device Used
Smartphone
Tablets
Personal Computer
A full report of BRICS e-commerce Retail Market is available at: https://www.omrglobal.com/industry-reports/brics-e-commerce-retail-market
Company Profiles
Flipkart Pvt. Ltd
Com, Inc.
Jasper Infotech Pvt Ltd (Snapdeal)
eBay Inc.
Clues Network Pvt. Ltd.
HomeShop18
Tencent Holdings Ltd
Alibaba Group Holding Ltd.
Alphabet Inc.
Com Inc.
ru
LAMODA
FedEx Corp.
DHL International GmbH
Zando
Reasons to Buying From us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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