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Press release content from Business Wire. The AP news staff was not involved in its creation.

United States 2019: Online Retailing Summary & Forecasts (2013-2023) - ResearchAndMarkets.com

November 21, 2019

DUBLIN--(BUSINESS WIRE)--Nov 21, 2019--

The “US: Online Retailing Summary & Forecasts to 2023” report has been added to ResearchAndMarkets.com’s offering.

Online retail sales in the US reached US$484.5 billion in 2018 and are forecast to grow at a CAGR of 11.3% between 2018 and 2023 to reach US$827.8 billion by 2023, and the channels share in total retail sales is forecast to increase from 12.7% in 2018 to 18.5% by 2023.

Online sales are majorly driven by shopping events such as Thanksgiving, Black Friday, Cyber Monday and Christmas. Additionally, special online events such as Amazon’s Prime Day, Target’s deal days, and eBay’s accelerate sales through online channel.

Report Scope

This report provides a detailed analysis of both the historic and forecast market data of retail sales of different product segments in online channel in the US. In addition, it provides an overview of changing shopping trends, the influence of various economic variables on the online retail industry, technology trends and the competitive landscape across product segments.

The report also details major online retailers in each category group with their product proposition analysis and market positioning in 2018 along with recent key developments. In-depth analysis of the latest trends in online shopping, covering the factors driving online shopping, consumer insights, market dynamics (covering 26 product categories).

Key Highlights

Reasons to Buy

Topics Covered

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/7z8huu

View source version on businesswire.com:https://www.businesswire.com/news/home/20191121005785/en/

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SOURCE: Research and Markets

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PUB: 11/21/2019 12:09 PM/DISC: 11/21/2019 12:09 PM