Africa E-Commerce Market Size 2021-2026: Industry Trends, Share, Growth, Opportunity and

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SHERIDAN, WYOMING, UNITED STATES, October 12, 2021 /EINPresswire.com/ — According to the latest report by IMARC Group, titled “Africa E-Commerce Market Size: Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026”, the africa e-commerce market size grew at a CAGR of around 40% during 2015-2020. Looking forward, IMARC Group expects the market to continue its robust growth during the next five years.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request Free Report Sample: https://www.imarcgroup.com/africa-e-commerce-market/requestsample

E-commerce, or electronic commerce, refers to various commercial transactions conducted electronically through the internet. It includes marketplace services, buying and selling of consumer products, customer support, etc. E-commerce also includes payment gateways, internet banking, online auctions, online ticketing. It is classified into different business models, such as the Business to Customer (B2C) model, Business to Business (B2B) model, Customer to Customer (C2C) model, and Customer to Business (C2B) model. E-commerce platforms provide numerous benefits, such as fewer transaction costs, a global reach, direct communication between the parties involved, higher profit margins, fast delivery of goods and services, etc.

Increasing internet penetration, rising levels of urbanization, and the high adoption of smart devices to access e-commerce portals are driving the Africa e-commerce market. E-commerce allows enterprises to conduct business without a physical presence, thereby mitigating infrastructure and overhead expenses. The elevating traction for online retail channels and the rising influence of social networking platforms are also bolstering the market growth in the region. Moreover, the emergence of private-label and consumer-based business models enables businesses to collect and use consumer data to provide customized products. Besides this, the sudden outbreak of the COVID-19 leading to the closure of offline retail channels is expected to catalyze the demand for e-commerce platforms in the coming years.

Africa E-Commerce Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the africa e-commerce market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

AliExpress Ltd

Amazon Inc

Avito Holding AB

com Inc

DHL Worldwide Express

DealDey Ltd

eBay Inc

com Limited

Jiji Press Ltd.

Jumia Technologies AG

Konga Online Shopping Ltd

Naspers Ltd

OLX Inc

Key Market Segmentation:

The report has segmented the africa e-commerce market on the basis of business model, mode of payment, service type, product type and country.

Breakup by Business Model:

B2C

B2B

C2C

Others

Breakup by Mode of Payment:

Payment Cards

Online Banking

E-Wallets

Cash-On-Delivery

Others

Breakup by Service Type:

Financial

Digital Content

Travel and Leisure

E-Tailing

Others

Breakup by Product Type:

Groceries

Clothing and Accessories

Mobiles and Electronics

Health and Personal Care

Others

Breakup by Country:

South Africa

Nigeria

Egypt

Morocco

Kenya

Others

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/africa-e-commerce-market

Key highlights of the report:            

Market Performance (2015-2020)

Market Outlook (2021-2026)

Industry Trends

Market Drivers and Success Factors

The Impact of COVID-19 on the Global Market

Value Chain Analysis

Structure of the Global Market

Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us                                                                      

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Elena Anderson
IMARC Services Private Limited
+1 6317911145
email us here

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