International E commerce Market Report 2024 (Global Edition)

Global International E commerce Market Report 2024 Market Size Split by Platform (Web-Based, Mobile Application), by E-Commerce Model (Business to Business (B2B), Business to Customer (B2C)), by Indus...

International E commerce Market Report Description

We have various report editions of International E commerce Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

International E commerce Market Insights Video

Competitive Landscape of the International E-Commerce Market

The competitive landscape of the international e-commerce market is characterized by a wide range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized international e-commerce companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

February 2024: Wix.com Ltd. announced a strategic partnership with Global-e Online Ltd. to offer Wix merchants an advanced international cross-border selling solution. This partnership builds on Wix's robust eCommerce capabilities, empowering merchants to expand their businesses by tapping into Global-e's industry-leading cross-border functionalities, providing an opportunity to effortlessly enter and sell in new global markets.

(Source: https://investors.global-e.com/news-releases/news-release-details/wix-partners-global-e-empower-online-merchants-expand-their)

Top Companies Market Share in International E commerce Industry: (In no particular order of Rank)

• Amazon.com
• Inc.
• Alibaba.com
• ASOS
• Costco Wholesale Corporation
• Dangdang
• eBay Inc.
• Flipkart.com
• JD.com
• Lazada
• MercadoLibre S.R.L.
• Shopify
• Shopee
• Walmart
• Wayfair LLC
• Zalando
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the International E-Commerce Market

Which Region Dominates the International E-Commerce Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue due to advanced digital infrastructure, high internet penetration rates, and a tech-savvy population. The proliferation of mobile commerce, increasing cross-border trade, and robust logistics networks further boost market growth. Consumer preference for online shopping due to convenience and a wide product range also significantly propels the market.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the international e-commerce market due to the region's rapid urbanization, increased internet and smartphone penetration, and a growing middle class with rising disposable incomes. Additionally, advancements in digital payment systems and logistics infrastructure, along with supportive government policies promoting digital trade, significantly contribute to the market's expansion in this region.

 

The current report Scope analyzes International E commerce Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America International E commerce

According to Cognitive Market Research, the global international e-commerce market size was estimated at USD XX Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the international e-commerce market with a market size of USD XX million in 2024 and is projected to grow at a CAGR of 14.0% during the forecast period. The nation's increasing penetration of digital channels.
• The Canadian international e-commerce market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 15.0% during the forecast period. Canada's increasing penetration of mobile devices.
• The Mexico international e-commerce market is projected to witness growth at a CAGR of 14.7% during the forecast period, with a market size of USD XX million in 2024.

Europe International E commerce

According to Cognitive Market Research, the global international e-commerce market size was estimated at USD XX Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.5% from 2024 to 2031.

• The United Kingdom international e-commerce market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 15.3% during the forecast period. In the UK, international e-commerce sales witness an upswing due to the nation's integration of e-commerce solutions into their business models.
• The France international e-commerce market is projected to witness growth at a CAGR of 13.7% during the forecast period, with a market size of USD XX million in 2024.
• According to Cognitive Market Research, the German international e-commerce market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 14.7% during the forecast period. In Germany, the international e-commerce market surged due to the presence of major market players.
• The Italy international e-commerce market is projected to witness growth at a CAGR of 13.9% during the forecast period, with a market size of USD XX million in 2024.
• The Russia international e-commerce market is projected to witness growth at a CAGR of 13.5% during the forecast period, with a market size of USD XX million in 2024.
• The Spain international e-commerce market is projected to witness growth at a CAGR of 13.6% during the forecast period with a market size of USD XX million in 2024
• The Luxembourg international e-commerce market is projected to witness growth at a CAGR of 14.6% during the forecast period, with a market size of USD XX million in 2024.
• The Portugal international e-commerce market is projected to witness growth at a CAGR of 14.3% during the forecast period, with a market size of USD XX million in 2024.
• The Greece international e-commerce market is projected to witness growth at a CAGR of 14.8% during the forecast period, with a market size of USD XX million in 2024.
• Rest of Europe's international e-commerce market is projected to witness growth at a CAGR of 13.2% during the forecast period, with a market size of USD XX million in 2024.

Asia Pacific International E commerce

According to Cognitive Market Research, the global international e-commerce market size was estimated at USD XX Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.0% from 2024 to 2031.

• According to Cognitive Market Research, the China international e-commerce market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 17.5% during the forecast period. International e-commerce sales have surged in China due to the increasing use of social media to promote e-commerce sites.
• The Japan international e-commerce market is projected to witness growth at a CAGR of 16.5% during the forecast period, with a market size of USD XX million in 2024.
• The India international e-commerce market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 19.8% during the forecast period. India's government initiatives augment the demand to encourage the adoption of various technologies.
• The South Korean international e-commerce market is projected to witness growth at a CAGR of 17.1% during the forecast period, with a market size of USD XX million in 2024.
• The Australian international e-commerce market is projected to witness growth at a CAGR of 17.7% during the forecast period, with a market size of USD XX million in 2024.
• The South East Asia international e-commerce market is projected to witness growth at a CAGR of 19.0% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Asia Pacific's international e-commerce market is projected to witness growth at a CAGR of 17.8% during the forecast period, with a market size of USD XX million in 2024.

South America International E commerce

According to Cognitive Market Research, the global international e-commerce market size was estimated at USD XX Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.4% from 2024 to 2031.

• According to Cognitive Market Research, Brazil's international e-commerce market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 16.0% during the forecast period. International e-commerce flourished in Brazil due to the convenience and accessibility offered by e-commerce platforms.
• Argentina's international e-commerce market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 16.3% during the forecast period. Argentina's technological advancements augment the demand.
• Colombia's international e-commerce market is projected to witness growth at a CAGR of 15.2% during the forecast period, with a market size of USD XX million in 2024.
• Peru international e-commerce market is projected to witness growth at a CAGR of 15.6% during the forecast period with a market size of USD XX million in 2024.
• Chile international e-commerce market is projected to witness growth at a CAGR of 15.7% during the forecast period with a market size of USD XX million in 2024.
• The Rest of Latin America's international e-commerce market is projected to witness growth at a CAGR of 14.5% during the forecast period, with a market size of USD XX million in 2024.

Middle East and Africa International E commerce

According to Cognitive Market Research, the global international e-commerce market size was estimated at USD XX Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.7% from 2024 to 2031.

• The GCC Countries international e-commerce market is projected to witness growth at a CAGR of 16.5% during the forecast period with a market size of USD XX million in 2024. International e-commerce flourished due to the adoption of eco-friendly packaging.
• The Egypt international e-commerce market is projected to witness growth at a CAGR of 16.0% during the forecast period, with a market size of USD XX million in 2024.
• The South Africa international e-commerce market is projected to witness growth at a CAGR of 16.7% during the forecast period, with a market size of USD XX million in 2024. International e-commerce flourished in South Africa due to government incentives and growing urbanization.
• The Turkey international e-commerce market is projected to witness growth at a CAGR of 15.2% during the forecast period, with a market size of USD XX million in 2024.
• The Nigeria international e-commerce market is projected to witness growth at a CAGR of 14.8% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of MEA international e-commerce market is projected to witness growth at a CAGR of 14.7% during the forecast period, with a market size of USD XX million in 2024.

International E commerce Market Analysis

How are Segments Performing in the Global International E-Commerce Market?

International E-Commerce Market Platform Segment Analysis

According to Cognitive Market Research, mobile applications stand out as the dominant category as they provide a seamless platform for consumer to explore, purchase, and track products from around the world. It acts as a key driver in connecting diverse markets, enhancing accessibility, and expanding business reach while offering localized services and secure payment options.

Web-based emerges as the fastest-growing category in the international e-commerce market due to improved internet access, mobile commerce, secure payment systems, efficient logistics, and targeted digital marketing, enabling businesses to reach global markets seamlessly and enhancing customer shopping experiences worldwide.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of International E commerce Industry. Request a Free Sample PDF!

International E-Commerce Market E-Commerce Model Segment Analysis

According to Cognitive Market Research, the dominating category is business-to-customer (B2C) due to increased internet penetration, smartphone usage, and global logistics improvements. Consumer demand for diverse products and competitive pricing from global retailers fuels this growth, alongside enhanced payment solutions and cross-border trade policies that facilitate smoother transactions and delivery.

The fastest-growing category in the international e-commerce market is business-to-business (B2B) due to the increasing adoption of digital technologies, facilitating seamless cross-border transactions, expanding global reach, and enhancing supply chain efficiencies, thereby boosting business scalability and profitability..

The above Graph is for representation purposes only. This chart does not depict actual Market share.

International E commerce Industry Segment Analysis

International E-Commerce Market Industry Segment Analysis

According to Cognitive Market Research, the dominating category is fashion & apparel due to global connectivity, diverse consumer preferences, and the convenience of online shopping. Key drivers include advanced logistics, digital marketing, mobile commerce, and social media influencers, which enhance visibility and accessibility, boosting cross-border sales and expanding market reach.

The fastest-growing category in the international e-commerce market is home decor due to increased global connectivity, diverse consumer preferences, and advancements in logistics. Factors like digital marketing, easy cross-border transactions, and cultural influences propel its growth, making stylish, personalized decor accessible worldwide.

• Beauty & Personal Care
• Consumer Electronics
• Fashion & Apparel
• Food & Beverage
• Home Decor
• Health & Wellness
• Household Consumables
• Other Industries

International E commerce Payment Mode Segment Analysis

International E-Commerce Market Payment Mode Segment Analysis

According to Cognitive Market Research, the dominating category is digital wallets as they provide secure, convenient, and fast payment solutions, enhancing customer experience and facilitating cross-border transactions, thus increasing global sales and fostering seamless international trade.

The fastest-growing category in the international e-commerce market is cash payments due to security, logistics, and currency conversion issues. They require robust systems to ensure reliability and compliance, making them a critical driver in shaping the evolving landscape of cross-border online trade.

• Card Payments
• Digital Wallets
• Bank Transfers
• Cash Payments
• Other

International E commerce Operational Channel Segment Analysis

International E-Commerce Market Operational Channel Segment Analysis

According to Cognitive Market Research, the dominating category is omni-channel as integrating online platforms and physical stores, providing customers with consistent experiences across borders, devices, and touchpoints, thereby enhancing engagement, satisfaction, and brand loyalty.

The fastest-growing category in the international e-commerce market is pure play due to global connectivity and demand for diverse products. This trend is fueled by convenience, accessibility, and the growing digital economy.

• Pure Play
• Omni-channel

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

LinkedIn

Profile

Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

Author's Conclusion