Technological Innovation and Future of Retail Industry - How will Consumer Adoption of Technology Reshape the Retail Industry?
- Language: English
- Published: January 2014
The analysts forecast the US Retail E-commerce market to grow at a CAGR of 12.82 percent over the period 2012-2016. Online shopping offers convenience, better pricing and selection and this is one of the key factors contributing to the growth of the market. The US Retail E-commerce market has also been witnessing an increasing adoption of secured payment gateways in online shopping portals. However, difficulties in engaging the customer using online mediums could pose a challenge to the growth of this market.
The report, the US Retail E-commerce Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the US Retail E-commerce market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this space include Amazon.com Inc., Apple Inc., Staples Inc., and Wal-Mart Stores Inc.
The other vendors mentioned in this report are Barnes & Noble Inc., Best Buy Company Inc., Costco Wholesale Corp., Dell Inc., eBay Inc., GameStop Corp., Groupon Inc., J.C. Penney Co. Inc., Kohl's Corp., L.L.Bean Inc., Liberty Interactive Corp., Macy's Inc., Netflix Inc., Newegg Inc., Office Depot Inc., Rakuten.com Shopping, Sears Holding Corp., and Target Corp.
Key questions answered in this report:
- What will the market size be in 2016 and what will be the growth rate?
- What are key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by key vendors?
- What are the strengths and weaknesses of each of these key vendors?
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01. Executive Summary
02. Scope of the Report
02.1 Market Overview
02.2 Product Offerings
03. Market Research Methodology
03.1 Market Research Process
03.2 Research Design
03.3 Research Methodology
04. List of Abbreviations
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.3 Five Forces Analysis
07. Market Segmentation by Industry
07.1 Retail E-commerce Market in the US by Industry 2012-2016
07.2 Computer & Consumer Electronics E-commerce Market in the US 2012-2016
07.2.1 Market Size and Forecast
07.3 Apparel & Accessories E-commerce Market in the US 2012-2016
07.3.1 Market Size and Forecast
07.4 Books, Music & Video E-commerce Market in the US 2012-2016
07.4.1 Market Size and Forecast
07.5 Auto & Parts E-commerce Market in the US 2012-2016
07.5.1 Market Size and Forecast
07.6 Furniture & Home Furnishing E-commerce Market in the US 2012-2016
07.6.1 Market Size and Forecast
07.7 Health & Personal Care E-commerce Market in the US 2012-2016
07.7.1 Market Size and Forecast
07.8 Office Equipment & Supplies E-commerce Market in the US 2012-2016
07.8.1 Market Size and Forecast
07.9 Toys & Hobby E-commerce Market in the US 2012-2016
07.9.1 Market Size and Forecast
07.10 Food & Beverage E-commerce Market in the US 2012-2016
07.10.1 Market Size and Forecast
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
15.1 Competitive Scenario
15.2 Market Share Analysis 2012
15.3 Other Prominent Vendors
16. Key Vendor Analysis
16.1 Amazon.com Inc.
16.2 Apple Inc.
16.3 Staples Inc.
16.4 Wal-Mart Stores Inc.
17. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Components of E-commerce
Exhibit 3: Exhibit 2: Retail E-commerce market in the US 2012-2016 (US$ billion)
Exhibit 4: Retail E-commerce Market in the US by Industry 2012
Exhibit 5: Retail E-commerce Market in the US by Industry 2012-2016 (US$ billion)
Exhibit 6: Retail E-commerce Market in the US by Industry 2012-2016
Exhibit 7: Computer & Consumer Electronics E-commerce Market in the US by Revenue 2012-2016 (US$ billion)
Exhibit 8: Apparel & Accessories E-commerce Market in the US by Revenue 2012-2016 (US$ billion)
Exhibit 9: Books, Music & Video E-commerce Market in the US by Revenue 2012-2016 (US$ billion)
Exhibit 10: Autos & Parts E-commerce Market in the US by Revenue 2012-2016 (US$ billion)
Exhibit 11: Furniture & Home Furnishing E-commerce Market in the US by Revenue 2012-2016 (US$ billion)
Exhibit 12: Health & Personal Care E-commerce Market in the US by Revenue 2012-2016 (US$ billion)
Exhibit 13: Office Equipment & Supplies Market in the US by Revenue 2012-2016 (US$ billion)
Exhibit 14: Toys & Hobby E-commerce Market in the US by Revenue 2012-2016 (US$ billion)
Exhibit 15: Food & Beverage E-commerce Market in the US by Revenue 2012-2016 (US$ billion)
Exhibit 16: Retail E-commerce Market by Vendor Segmentation 2012
Commenting on the report, an analyst from the team said: “Security is one of the main concerns reported by online shoppers. With improving technology there will be a much simpler payment process with advanced security. Payment methods can make or break a purchase decision. In order to address this issue many retailers are opting for COD, which totally eradicated the online security issue. Also, e-commerce sites will place more stress on online security with the likely introduction of new safer payment methods and increased enhancements on existing ones. This will help in increasing the number of new online shoppers and the number of financial transactions that are conducted online. Online brands will garner more trust and reliability through the use of one-page payment methods. The choice of payment methods offered to the consumer seems to be constantly evolving. Besides the growth of contactless payment methods with mobile transactions, there is a drastic change in the way people pay for their products. Services like Apple’s iTunes and PayPal have already initiated centralized payments on various mobile devices. The freedom to accept payments in this way will be invaluable to merchants of all sizes in the near future.”
According to the report, one of the main drivers in the market is the convenience, better pricing, and selection which customers can avail themselves of when shopping online. Price is one of the main factors when it comes to shopping. With online retailers offering better prices than the brick and mortar retailers, people prefer shopping online.
Further, the report states that one of the main challenges in this market is the difficulty in engaging customers online. Customers can easily get diverted if the content and the interface are not appealing and attractive.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
- Amazon.com Inc.
- Apple Inc.
- Staples Inc.
- and Wal-Mart Stores Inc.
- Barnes & Noble Inc.
- Best Buy Company Inc.
- Costco Wholesale Corp.
- Dell Inc.
- eBay Inc.
- GameStop Corp.
- Groupon Inc.
- J.C. Penney Co. Inc.
- Kohl's Corp.
- L.L.Bean Inc.
- Liberty Interactive Corp.
- Macy's Inc.
- Netflix Inc.
- Newegg Inc.
- Office Depot Inc.
- Rakuten.com Shopping
- Sears Holding Corp.
- and Target Corp.