North America B2C E-Commerce Market 2018: E-Commerce Penetration in Canada Will Catch up to US Level - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 26, 2018--The “North America B2C E-Commerce Market 2018” report has been added to ResearchAndMarkets.com’s offering.
E-Commerce penetration in Canada will catch up to US level
B2C E-Commerce in North America will continue double-digit growth for at least the next three years, according to projections cited in the new publication. While the sales volume in the larger population of the USA far exceeds online sales in Canada, the E-Commerce penetration rate of the northern nation is expected to equal that of the USA by 2021. Growth in both nations is enhanced by adoption of new technologies such as mobile shopping, omnichannel commerce, and voice purchases.
Technology trends propel online commerce in North America
The ubiquity of smartphones in North America is one factor affecting the continued growth of online commerce. Mobile device owners not only use them to make purchases through merchant websites or apps, the devices also facilitate omnichannel shopping, as smartphones are used to read reviews or find prices from other outlets while in a store, or to research at home followed by a purchase in-store. The practice of webrooming and showrooming blurs the lines between online and traditional retail. Another new technology affecting B2C E-Commerce in North America is the use of smart speakers to make online purchases. A projection cited in the report says sales volume through voice command in 2021 be twenty times higher than the level of such purchases 2017.
Cross-border shopping is a characteristic of Canadian B2C E-Commerce
Online shoppers in Canada turn to merchants in the USA such as Amazon or others for their shopping needs. That report includes the fact that the cross-border penetration rate in Canada is nearly twice that of the USA. Chinese Aliexpress is also popular with many Canadian shoppers.
Questions Answered in this ReportWhat is the size and the growth projections for B2C E-Commerce in North America? Which important E-Commerce trends affect the development of online retail in the USA and Canada? What are the preferred product categories by U.S. and Canadian online shoppers? What are the most used payment and delivery options of North American online shoppers? Who are leading market players in North American B2C E-Commerce?
Key Topics Covered:
1. Management Summary
Global Retail E-Commerce (incl. B2C and C2C) Shares of the Top 5 E-Commerce Markets, in %, 2017 & 2021
Breakdown of Global Retail E-Commerce Sales by Regions, incl. North America, in %, 2017
Online Shopper Penetration, in % of Internet Users, by Region, incl. North America, 2017
Retail E-Commerce Sales, in USD billion, and Share of Total Retail Sales, in %, 2016-2021
Retail E-Commerce Sales, in USD billion, Year-on-Year Change, in %, and Share of Total Retail Sales, in %, by Canada and the USA, 2016 - 2021
Cross-Border Online Shopper Penetration, by Country, in % of Online Shoppers, May 2018
Cross-Border B2C E-Commerce Sales, in USD billion, Share of Total B2C E-Commerce Sales, in %, and Year-on-Year Change, in %, by the USA and Canada, 2016 & 2017
Breakdown of Current and Planned Mobile Payment Solutions Acceptance, in % of Retailers, February 2017
3.3. Sales & Shares
3.4. Users & Shoppers
4.3. Sales & Shares
4.4. Users & Shoppers
Companies MentionedAlibaba Group Holding Ltd Amazon.com Inc Android Inc Apple Inc Best Buy Co Inc. Canadian Tire Corporation Ltd Chapters Online Inc. Costco Discover Inc eBay Inc Google LLC Home Depot Inc. Indigo LLC Macy’s Inc MasterCard International Inc Paypal Inc Samsung Electronics Co.Ltd. Venmo LLC Visa Inc. Walmart Inc Wholesale Corp.
For more information about this report visit https://www.researchandmarkets.com/research/v25nl9/north_america_b2c?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181126005578/en/
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KEYWORD: NORTH AMERICA
INDUSTRY KEYWORD: ONLINE RETAIL RETAIL
SOURCE: Research and Markets
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PUB: 11/26/2018 12:00 PM/DISC: 11/26/2018 12:01 PM