Dave is a keynote speaker, trainer and consultant who is author of 5 bestselling books on digital marketing including Digital Marketing Excellence and Digital Marketing: Strategy, Implementation and Practice. Total online spending in May hit $82.5 billion, up 77% year-over-year. Digital strategist Dr Dave Chaffey is co-founder and Content Director of online marketing training platform and publisher Smart Insights. Apart from transactional … The pandemic and subsequent global recession have caused many marketers to go back to the drawing board. E-commerce Payment Market | Industry Growth And Forecast Analysis Report Till 2025 By Market Study Report Date: 2021-02-24 Product ID: 2435557 Global E-commerce Payment Market report provides an … The following is taken from eMarketer's 2020 report: "Before COVID-19, we had forecast that global retail would expand by 4.4%, to $26.460 trillion in 2020. Leading the way, the Asia-Pacific is forecast $2,448.33 billion of Ecommerce sales in 2020, as opposed to the Middle East & Africa predicted $41.56 billion. Apple’s Latest Fall Is A Surprising Victory Against Old Adversary, M1 MacBook Pro Slays Intel MBP On This Metric, Startup: Only Quantum Cryptography Can Save The $100 Trillion Global Digital Economy. It's useful for seeing sector-specific trends. The state growing the fastest? E-commerce growth has varied greatly by retail category and by retail price point. It’s also nearly triple the 15.1% jump in 2019. “Despite growth in some areas, purchasing power is becoming more limited as prices increase, particularly on everyday grocery items,” Pandya says. As outlined in our popular Learning ….. © Smart Insights (Marketing Intelligence) Ltd, Use of this website constitutes acceptance of the Smart Insights Terms and Privacy Policy including cookie-use. I forecast and analyze trends affecting the mobile ecosystem. It's interesting to see that textile, clothing and footwear stores are enjoying nearly a third of all online purchases. New York, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Oman E-Commerce Market - Growth, Trends, and Forecasts (2020 - 2025)" - … The ' Retail E-Commerce Software market' study added by Market Study Report, LLC, enumerates an in-depth analysis of the powerful trends prevailing in the industry. Latin America: e-commerce share of retail sales 2020, by country; Mexico: e-commerce market value 2015-2019; Mexico: retail e-commerce sales 2019-2023; Mexico: retail e-commerce sales growth 2018-2025 The MarketWatch News Department was not involved in the creation of this content. The information and links from 2019 below are still relevant for tracking the changing trends. I've been a journalist, analyst, and corporate executive, and have chronicled the rise of the mobile economy. OnePlus Reaches For The Moon, Is Jimi Hendrix Next? The global pet care e-commerce market was valued at US$28.379 billion in 2019. I forecast and analyze trends affecting the mobile ecosystem. I've been a journalist, analyst, and corporate executive, and have chronicled the rise of the mobile. Their most recent update, for example, shows these levels of growth: • UK online retail sales in October 2019 reported year-on-year growth of +6.3%, • Month-on-month performance reported +6.4%, • Excluding travel and ticketing retailers, the market growth was a healthy +9.2% year-on-year, • Home was the top performer with +13.6% YoY growth, • Menswear and Womenswear struggled during October with negative growth. US E-commerce sales currently average out at 10.5 percent of total sales. Electronics and apparel purchases were up 11% and 12%, respectively: we’re working at home, but we haven’t bought new clothes in a while. The declining percentage change shows that growth rates for ecommerce are declining, although they are still positive. Absolutely In May 2020 shortly after the world was thrown into disarray ….. Pharma E-commerce Market 2020-2025 Overview, Applications, Dynamics, Companies, Growth, Types, Regions Market Study Report Date: 2021-01-02 Technology Product ID: 2937688 The Pharma E-commerce market report offers a holistic assessment of this industry vertical highlighting the key trends responsible for the growth … Free members can access our free sample templates here. COVID-19 has massively accelerated the growth of e-commerce, according to an Adobe report released today. Higher rates of e-commerce and BOPIS (buy online, pick up in-store) may be the new abnormal, Adobe data indicates. This reduced our overall outlook for retail ecommerce sales by $190.79 billion.". “One in four consumers say that they’ve had a negative experience shopping online, over the past three months, suggesting retailers have an opportunity to improve their site experiences.”. For ecommerce, those figures had been 18.4% growth and $4.105 trillion in sales. OYSTER BAY, N.Y., Feb. 23, 2021 /PRNewswire/ -- Double-digit e-commerce growth and a continued desire for contactless delivery have fostered healthy growth of local delivery options, despite slower growth … All Rights Reserved, This is a BETA experience. According to IMARC Group’s latest report, titled “E-Commerce Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,”. In May Connecticut saw 99% growth in digital commerce. E-Commerce Platforms Market Size, Historical Growth, Analysis, Opportunities and Forecast To 2025 Category: #business By Partha Ray Date: 2021-02-05 share The COVID pandemic has shifted e-commerce in 2020, maybe more than any other time in history. Get started today using a tried and tested step-by-step process, Digital marketing strategy and planning Toolkit, Explore our Digital Marketing Strategy and Planning Toolkit, Digital Marketing Strategy and Planning Toolkit, Digital Experience Management (Desktop/mobile website), nearly a third of all retail in the UK in May 2020, eMarketer's most recent global Ecommerce forecast, Online Retailing: Britain, Europe, US and Canada research report, Digital marketing and E-commerce books and support materials including a digital marketing glossary, Please connect on LinkedIn to receive updates or ask me a question, Business and marketing response to Coronavirus COVID-19, Smart Insights (Marketing Intelligence) Ltd. Please connect on LinkedIn to receive updates or ask me a question. The Silicon Valley Unicorn. UK IMRG data. I built the VB Insight research team at VentureBeat and managed teams creating software for partners like Intel and Disney. The latest ecommerce growth forecast from eMarketer suggests that globally ecommerce sales will increase to 16% of all sales in 2020. “While BOPIS was a niche delivery option pre-pandemic, it is fast becoming the delivery method of choice as consumers become more familiar with the ease, convenience and experience.”. Total online spending in May hit $82.5 billion, up 77% year-over-year. Lights streaking across a city, showing speed and acceleration. Get started today using a tried and tested step-by-step process to optimize your marketing. This study also encompasses valuable information relating to the profitability prospects, growth … The E-Commerce Platforms Software market study report systematically explains growth factors, while explicating the challenges that will befall the industry over the forecast period. Online’s share of total retail sales has steadily been on the rise—with ecommerce penetration hitting 21.3% in 2020, Digital Commerce … Before COVID, e-commerce’s penetration rate for the food & beverage category was 2.5%, health 7.9%, and auto 2.9%. Opinions expressed by Forbes Contributors are their own. John Koetsier is a journalist, analyst, author, and speaker. Get started today. The 100 Safest Countries In The World For COVID-19, 25 Million Students On COVID-19: 'Depression, Anxiety And Loneliness' Hitting Peak Levels, Intel And Microsoft Collaborate On DARPA Program That Pioneers A New Frontier Of Ultra-Secure Computing, Closing The Gender Gap In STEM Inventions - A Conversation With Qualcomm’s EVP & President Of The Technology Licensing Business - Alex Rogers. Detailed analysis about Pet Product E-commerce market Growth status (2015-2021), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2021 -2025… Equally, we have watched the overall percentage of Ecommerce retail sales in the UK raising to nearly a third of all retail in the UK in May 2020 - it has since decreased slightly, but it will be interesting to follow this trend over this year, the holiday season, and into next year. As we can see in the chart which depicts the state of play for online retail sectors in the UK, non-store retailers have come out on top of the ecommerce growth spurt. Growing adoption of pets worldwide is the major driver of global pet care e-commerce market. E-Commerce Platforms Software Market Growth Opportunities 2025, Business Investment with Leading Companies Shopify , BigCommerce , Magento , YoKart , VTEX Big Market … “According to our data, it would’ve taken between 4 and 6 years to get to the levels that we saw in May if the growth continued at the same levels it was at for the past few years,” Vivek Pandya, Adobe’s Digital Insights Manager told me via email. You may opt-out by. JLL expects e-commerce sales could hit $1.5 trillion by 2025 … “We typically don't expect to see surges at this level, at any time outside of the holiday season. E-commerce growth rates in other countries. Don’t Weep For The Discontinued iMac Pro. Pricing is changing though: grocery prices were up 4% in May compared to 2019. So this blog will start with a COVID-19 update. That’s the highest annual U.S. ecommerce growth in at least two decades. Research and Markets Logo. COVID-19 has massively accelerated the growth of e-commerce, according to an Adobe report released today. This statistic shows the retail e-commerce market size (sales) in the U.S. 2016-2023. Want more information about E-Commerce … Dave is editor of the 100+ templates, ebooks and courses in the digital marketing resource library created by our team of 25+ digital marketing experts. When a platform that isn’t even out of beta has a valuation of a Billion dollars, as marketers we need to take note right? The chart below shows eMarketer's most recent global Ecommerce forecast. Last Mile Delivery for E-commerce Market 2020: Trends, Size, splits by Region & Segment, Historic Growth Forecast to 2025 Category: #business By Sachin Pashte Published: 2 minutes ago share Traditional retail sales have declined but e-commerce has seen a year-over-year growth in U.S. … The IMRG-Cap Gemini Index is only available for members who include the largest UK E-commerce … Multichannel marketing, or omnichannel marketing, is the process of utilizing online and offline marketing communications channels to target and engage with your customers. Ecommerce sales have, meanwhile, taken a disproportionate share of overall retail sales growth, accounting for 46% of total retail sales growth in 2017 – a growth of over 15 points since … The Online Retailing: Britain, Europe, US and Canada research report from the Centre for Retail Research shows that the retail online retail sector is the main driver of growth in European and North American retailing. The Emarketer report also compares growth between the top 10 countries ranked by ecommerce sales, showing that China now surpasses the US and UK. My personal site, DaveChaffey.com, lists my latest Digital marketing and E-commerce books and support materials including a digital marketing glossary. The US Government has been cataloguing the trend of percentage of ecommerce sales for many years. In 2004 he was recognised by the Chartered Institute of Marketing as one of 50 marketing ‘gurus’ worldwide who have helped shape the future of marketing. Turbocharge your results with this toolkit containing 13 resources. But naturally, these sources have now changed their predictions for 2020 onwards. The Emarketer report also compares growth between the top 10 countries ranked by ecommerce sales, showing that China now surpasses the US and UK. This is an increase of 19%. And there are warning signs of decreasing purchasing power as unemployment remains at historically high levels. What people are buying is changing too, perhaps returning more to relatively normal consumption patterns. Across categories, soft goods like apparel and digitally driven goods like electronics have shown higher e-commerce growth … This projection shows the growth in digital buyers. © 2021 Forbes Media LLC. Need a plan to create a winning marketing strategy, fast? Need a plan to create a winning marketing strategy, fast? It's interesting to look back at the growth of online sales and think forward to the future of this industry. The COVID-19 pandemic and the shelter-in-place policies that ensued have accelerated e-commerce growth and the need for warehouse space across the nation. Our resources are used by our Premium members in more than 100 countries to Plan, Manage and Optimize their digital marketing. By 2025, the eCommerce transactions of the Southeast Asian Nations is expected to have massive growth upwards of 88 billion dollars, which is conservative in my estimation. Tips and tricks to help you get the most out of paid search on China’s largest search platform With Google claiming less than 2% of the market in China, the search engine landscape is markedly different from that in most ….. What are the essential parts of a multichannel marketing plan template? For context, last year's holiday season drove $142.5 billion dollars from November 1st to December 31st, and that was a 13% year-over-year increase.”. The IMRG-Cap Gemini Index is only available for members who include the largest UK E-commerce and multichannel brands. E-commerce, or electronic commerce… The Digital Marketing Strategy And Planning toolkit contains: Start your Digital Marketing Plan today with our Free membership. Predictably, it’s the one that’s still dealing with statewide store closures: Connecticut. Adobe’s Digital Economy Index analyzes over one trillion online transactions across 100 million product SKUs, the company says. Oman E-Commerce Market - Growth, Trends, and Forecasts (2020 - 2025) The E-Commerce market in Oman is rapidly increasing due to the increasing consumption rate and higher … The report titled “Global E-commerce Logistics Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2025” offers strategic insights into the global logistics market along with the market size and estimates for the duration 2015 to 2025. China, India, and Japan are the major economies contributing to the growth … These sellers have been geared up from the start for the socially-distanced retailing model now crucial to so many businesses. “We are seeing signs that online purchasing trends formed during the pandemic may see permanent adoption,” Taylor Schreiner, Director, Adobe Digital Insights, said in a statement. MarketQuest.biz has rolled out a new research study on Global E Commerce Logistics Market 2020 by Company, Type and Application, Forecast to 2025 which integrates crucial insights on …