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Home Shopping Market to Reach US$ 9,432 Billion by 2027 Globally |CAGR: 17.9%| UnivDatos Market Insights
The Global Home Shopping Market is experiencing significant growth on account of increasing smartphone penetration and higher internet availability worldwide. Further, amid the Covid-19 outbreak, countries around the world have imposed lockdown, this has further boosted the demand for the home shopping market. Furthermore, secured payment methods, enhanced internet quality, convenient free home deliveries with fascinating offers is driving the home shopping market.
https://univdatos.com/report/home-shopping-market-current-analysis-and-forecast-2021-2027
Due to COVID-19, the home shopping market has enhanced globally. Owing to the global pandemic Covid-19 many countries were observing lockdown, which compelled the businesses to shift towards online platforms, to cater to the increasing demand for e-commerce sales. COVID-19 is expected to have a long-term impact on the e-commerce and retail industry across the globe.
https://univdatos.com/report/home-shopping-market-current-analysis-and-forecast-2021-2027
Global Home Shopping Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
Owing to the lockdown in various countries across the world due to the COVID-19 outbreak, the grocery segment has observed an increase in overall sales on online platforms. Amid the pandemic, more than 10 million US consumers purchased grocery online for the first time. Online grocery sales grew 54.0% in 2020, compared to 2019 in the US. The Groceries segment of the global Home Shopping market and is expected to grow at XX% CAGR to reach US$ XX billion by the year 2027.
E-commerce and mobile segment dominated by the type of the global Home Shopping market due to the continuous increase in the number of smartphone and internet users, and the segment will grow at XX% CAGR to reach US$ XX billion by the year 2027.
Based on the estimation, the North America region dominated the Home Shopping market with almost US$ XX billion revenue in 2020. At the same time, the
Asia-Pacific region is expected to grow remarkably with a CAGR of XX% over the forecast period on account of the increasing internet penetration and smartphone users in the region.
https://univdatos.com/report/home-shopping-market-current-analysis-and-forecast-2021-2027
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Home Shopping market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
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https://univdatos.com/report/home-shopping-market-current-analysis-and-forecast-2021-2027
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