The analysts forecast the online retail market in the US to grow at a CAGR of 15.85% during the period 2017-2021.
Online Retail Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
Online retailers offer durable and non-durable consumer goods, foods (including both perishable and non-perishable) and beverages, fast moving consumer goods (FMCG), home and household care products, music and entertainment products, and furniture products. Online retailers are also known as e-retailers. Fast-moving consumer goods, consumer electronics, apparel, and beauty products have considerable growth potential in the country, which has both national and international retailers.
The demand for these products is expected to increase with the growing disposable income of consumers and the rising population of millennials, an attractive target group for these products.
One trend in market is rising popularity of digital payment services. Digital payment services allow consumers to make payments at the point of sale through a mobile device. The transactions can be completed in a few steps on the phone. Total mobile payments in 2016 in the US reached approximately $8 billion, and this is expected to grow to more than $100 billion by 2021. Large players like Amazon, Google, MasterCard, PayPal, and Square are investing heavily in the technology.
Other prominent vendors
- Academy Sports + Outdoors
- Amway Global
- ATG Stores.com
- Best Buy
- Blue Nile
- Costco Wholesale
- Daniel Smith
- Eastern Mountain Sports
- Factory Green
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Country profile: US
Part 06: Categories of online retailers
Part 07: Digital buyers in US
Part 08: Market landscape
Part 09: Market segmentation by devices used for shopping
Part 10: Market segmentation by product
Part 11: Geographical segmentation
Part 12: Decision framework
Part 13: Drivers and challenges
Part 14: Market trends
Part 15: Vendor landscape
Part 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/qcd9xb/online_retail