Asia-Pacific E-Commerce Market is Expected to Grow with the CAGR of 18.6% in the Forecast Period of 2021 to 2028

Asia-Pacific E-Commerce Market is forecasted to grow with significant CAGR owing factor such as rising usage of internet users and growing preference for the online shopping.

A regulatory issue in the Asian countries is expected to limit the growth of the market.

Asia-Pacific E-Commerce Market Scenario

According to Data Bridge Market Research the market for e-commerce market in Asia-Pacific region has the highest market share followed by the China and South Korea. Market leader is Amazon.com, Inc. which accounts an estimated market share of approximately 15% to 20% in the Asia-Pacific region. The market is witnessing continuous product launch, partnership and other strategies in the market.

For instance,

• In September 2020, Walmart Inc. is planning to invest USD 25 billion in India’s Tata Group’s “super app”. This app will bring together Tata's consumer business under one channel offering a wide range of products including watch and jewellery brands in the retail space. With this partnership the company will strengthen its position in the country and increase business.

Trends Impacting the Market

Now the question is which other regions Amazon.com, Inc., Walmart Inc. and Jingdong JD.com (a subsidiary of JD.com) are targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific e-commerce market and the market leaders targeting China, Japan and South Korea to be their next revenue pockets for 2021.

The e-commerce market is becoming more competitive every year with companies such as Amazon.com, Inc., Walmart Inc. and Jingdong JD.com (a subsidiary of JD.com) as they are the market leaders for e-commerce. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the e-commerce market.

For more analysis on the e-commerce market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=asia-pacific-e-commerce-market

E-Commerce Market Development

• In April 2021, Amazon.com, Inc. has launched Amazon Fire TV Cube (2nd Gen) in India at very affordable price which is a streaming device having combined capabilities of Amazon's Fire TV and Echo smart speaker ranges, offering up to Ultra-HD HDR streaming and hands-free access to Alexa voice assistant. With this new product launch, the company will enhance its offerings in Television categories.

Scope of the E-Commerce Market

Asia-Pacific e-commerce market is segmented on the basis of countries into Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific.

• All country based analysis of e-commerce market is further analyzed based on further segmentation. On the basis of product type, e-commerce market has been segmented Business to Consumer (B2C), Business to Business (B2B), Customer to Business (C2B) and Customer to Customer (C2C). On the basis of platform, e-commerce market has been segmented into open-source, software as a service (SaaS) and headless commerce. On the basis of hosting environment, e-commerce market has been segmented into cloud and on premise. On the basis of category, e-commerce market has been segmented into goods and services. On the basis of distribution channel, e-commerce market has been segmented into pure clicks and brick -&-click or click-to-brick. On the basis of purchased device, e-commerce market is segmented into mobile devices, computer and tablets. On the basis of payment solutions, e-commerce market is segmented into third-party payments, credit cards, debit cards, bank transfers, cash voucher, cash on delivery and others.

To know more about the study https://www.databridgemarketresearch.com/reports/asia-pacific-e-commerce-market

Key Pointers Covered in E-Commerce Market Industry Trends and Forecast to 2028

• Market Size
• Market Standards and Changes
• Market Trials in Different Regions
• Market Requirements in Different Regions
• Market Shares in Different Regions
• Recent Developments for Market Competitors
• Recent Market Value for Different regions
• Sales Data for Market Competitors
• Market Key Vendors and Disruptors Study

Key Market Competitors Covered in the Report

• Jingdong JD (A Subsidiary of JD.com, Inc.
• Alibaba Group Holding Limited
• Rakuten Group, Inc.
• Supermarket Grocery Supplies Pvt Ltd
• Grofers India Pvt. Ltd.
• Shopify Inc.
• Booking Holdings
• Amazon, Inc.
•  eBay Inc.
•  Walmart Inc.
• JB Hi-Fi
• Woolworths Group Limited
• Home Depot Product Authority, LLC
• OTTO GROUP
• Brainbees Solutions Pvt Ltd (Firstcry.com)
• ASOS plc
• Groupon, Inc.
• Costco Wholesale Corporation
• Vipshop Holdings Limited
• Snapdeal Private Limited
• Carousel

Above are the key players covered in the report, to know about more and exhaustive list of-e-commerce companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=asia-pacific-e-commerce-market

Research Methodology: Asia-Pacific E-Commerce Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

• Demand Side: Product Developers, Strategy Manager, Area Sales Managers, National Sales Managers, and Industrial Professionals among others
• Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Product Manager and Regulatory Affairs Managers among others.

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