E-commerce
October 13, 2020

Impact of COVID-19 on Cross-border E-commerce Market 2020

Increase of cross-border e-commerce activities and rise in the internet penetration are the major drivers which help in surging the growth of e-commerce logistics market whereas infrastructural challenges restrict the service of last-mile connectivity which act as a restraining factor for this market. Large amount of logistic from abroad and value-added services such as innovative tracking of parcel and route optimization will add new opportunities for this market in the coming years.

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However, the growth of the e-commerce will depend upon only on its service efficiency and adaption level with respect to general consumer psyche in long run. Mostly at this time period, companies which will respond better can able to tap better with the shift towards online purchasing.

E-commerce has even offered benefit to the farmers by making them to avoid middle men and intermediaries and to sell their produce to the wholesaler buyers including agribusinesses, corporate grocery, restaurants and others directly. This has benefitted the farmers not only with enhanced income but also with wastage reduction and enable financial inclusion.

The report covers the forecast and analysis of the Ecommerce Growth market on a global and regional level. The study provides historical data from 2014 to 2019 along with a forecast from 2019 to 2024 based on revenue (USD Million). The study includes drivers and restraints of the Ecommerce Growth market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Ecommerce Growth market on a global level.

Market Segmentation-
The Global Ecommerce & Other Non-Store Retailers market report chiefly includes following manufacturers-
Amazon Inc, Alibaba Group Holding Limited, Amway, QVC, Ebay

Global Commerce Artificial Intelligence Market

Global Commerce Artificial Intelligence Market, By Platform (Ecommerce, and In-Store), Application (Customer Relationship Management, Internet of Things (IoT), Supply Chain Analysis, Virtual Personal Assistants, Fake Review Analysis, Merchandising, Warehouse Automation, Product Recommendation, Customer Service, Ecommerce Marketing, Product Catalogue Optimization, and Fleet Management), Technology (Deep Learning, Machine Learning, Natural Language Processing (NLP), and Others), Implementation (Cloud-Hosting, On-Premise), End User (Retail, Electronics, Food & Beverages, Fashion, Logistics, BFSI), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027

Market Analysis and Insights: Global Commerce Artificial Intelligence Market

Commerce artificial intelligence market is expected to reach USD 1,977.77 million by 2027 witnessing market growth at a rate of 7.87% in the forecast period of 2020 to 2027. Data Bridge Market Research report on commerce artificial intelligence market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

The market is growing owing to the comprehensive expenses in AI-based solutions, and the increasing machineability for judgment creating from trillion bytes of online data. Commerce AI business is developing at a firm movement and is estimated to be propelled by online retailers in e-commerce purchasing, style stores, and repository mechanization. The impeccable keen sightedness of AI in enterprises will transform the purchasing practice, decision building will be responsive and most of the methods will be automated. Also, upcoming technologies like big data will moreover heighten the extent of the market.

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth  the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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