DUBLIN, Oct. 9, 2023 /PRNewswire/ — The "Global E-Commerce Market (by Product Categories, Model Type, & Region: Insights and Forecast with Potential Impact of COVID-19 (2022-2027)" report has been added to ResearchAndMarkets.com’s offering. Research_and_Markets_Logo The global e-commerce market is poised for remarkable growth and is expected to reach a valuation of US$20.30 trillion in 2023, exhibiting a strong compound annual growth rate (CAGR) of 26.55% during the forecasted period. In recent years, e-commerce sales have experienced rapid expansion, evolving significantly with advancements in technology and internet infrastructure. The last decade has witnessed tremendous progress in both technology hardware and internet access, closely associated with the growth of e-commerce. E-commerce has become a significant rival to traditional shopping, with the internet emerging as the preferred medium for marketing, advertising, and purchasing products, goods, and services. E-commerce platforms provide a digital marketplace where buyers and sellers can engage in online transactions for products and services, accessible through mobile phones, laptops, or computers via the internet. The continued proliferation of mobile devices and widespread internet access indicates further expansion for e-commerce, with traditional brick-and-mortar sectors transitioning to the online sphere. Segmentation Highlights By Product Categories: The global e-commerce market is segmented into […]