ECommerce Global Market Report 2023 – By Model Type (Business to Business (B2B), Business to Consumer (B2C)), By Payment Mode (Card Payments, Bank Transfers, Digital Wallets, Cash Payments, Other Payment Modes), By Application (Home Appliances, Clothing and footwear, Books, Cosmetics, Baby Goods, Groceries, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

Business Process as a Service (BPaaS) refers to the business process outsourcing technique that uses a combination of cloud technologies for process management. The main process types of business process as a service (BPaaS) are HRM, accounting and finance, sales and marketing, customer service support, procurement and supply chain, operations and others. The service is deployed by SaaS, PaaS, IaaS through BPO, BPA and BPM. BPM is a discipline that employs various methods to discover, model, analyze, measure, improve, and optimize business processes. The service is used by various end use industries such as banking, financial service, and insurance (BFSI), telecom and IT, manufacturing, e-commerce retail, healthcare, governments, and others. The global business process as a service (BPaaS) market is segmented - 1) By Process Type: HRM, Acconting & Finance, Sales & Marketing, Customer service support, Procurement and Supply Chain, Operations, Other Process Types 2) By End Users: Banking, financial service, & insurance (BFSI), Telecom & IT, Manufacturing, Ecommerce Retail, Healthcare, Governments, Other End-Users 3) By Deployment service Type: SAAS, PAAS, IAAS 4) By Stream: BPO, BPA, BPM The global business process as a service (bpaas) market size will grow from $73.42 billion in 2022 to $77.8 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global business process as a service (bpaas) is expected to grow to $94.54 billion in 2027 at a CAGR of 5.0%. The rising need for low operating costs is the most important driver for the growth of the Business Process as a Service (BPaaS) market. BPaaS providers generally offer all types of services through the cloud computing and the global internet services network including platform services like PaaS, IaaS and SaaS. BPaaS increases the operational efficiency of all the sectors and reduces the standard operating costs by implementing many of these platform services. For example, BPaaS in credit card transactions includes maintaining the payment transition data, handling the database of the customers and storing all the data of the clients. PayPal provides the ability to settle the transactions and increase the online by storing all the data in the clouds and reducing the operational cost of storing the data. Major players in the business process as a service (BPaaS) market are Accenture, Wipro, Capegemini, Fujitsu, Genpact, IBM, Cognizant, TCS, Oracle, SAP SE, HCL, EXL, ADP, LLC., DXC Technology, Tech Mahindra, Computer Science Corporation, Infosys Limited, NGA Human Resources, eBuilder Sweden, WNS, Northgatearinso, Neuvora, Verecloud, Adaptive Insights and Red Hat. The risk of a data breach can be a major restraint for the rising growth of the Business Process as a Service (BPaaS) industry. The risk of losing data and security concerns makes the top management of the businesses to have a cautious approach towards business process as a service (BPaaS) market and reduces the effectiveness. There should be strict laws and regulations which will reduce the risk of data privacy and security for the clients. For example, Dropbox, a BPaaS company faced security breach which leaked the personal information of about 68 million users to the hackers. The flexible pricing model is the most important trend for the Business Process as a Service (BPaaS) Market. A flexible pricing model helps the sellers to sell the service at a price based on the real-time demand. This also helps the buyers to purchase the service at a price that is suitable to their needs and demand. The buyers can demand the service according to their own needs and pay for them accordingly. For example, Amazon sells the goods and services according to dynamic pricing which helps in increasing the flexibility of price. Best Buy and Sears also incorporate dynamic pricing into their pricing strategies. There is a huge concern for the protection of data privacy and security breach throughout the world related to the Cloud Computing services. Globally, strict Laws have been framed and designated regulatory bodies are taking measures to protect the privacy rights and data breach. In the USA, there are strict laws and regulations to protect the privacy and security breach related to cloud services, one such law is The Clarifying Lawful Overuse Of Data (CLOUD) Act. This law preserves the common law right of cloud service providers to go to court to challenge search warrants when there is a conflict of laws. For private data protection there is Graham-Leach Billey Act in the USA. In the UK there is General Data Protection Right (GDPR) Act to regulate the security concerns. There is law of privacy in Australia known as Data Protection Law. In April 2021, IBM Corporation, an America-based technology company announced the acquisition of myInvenio for an undisclosed amount. The acquisition will provide organizations with data-driven software that will assist them in identifying the most impactful business processes to automate with AI, such as sales, procurement, production, and accounting. It also advances IBM's hybrid cloud and AI strategy by delivering a comprehensive suite of AI-powered automation capabilities for business automation to customers. myInvenio is an Italy-based process mining software company. North America was the largest region in the business process as a service (BPaaS) market in 2022. Western Europe was the second largest region in the global business process as a service (BPaaS) market share. The regions covered in the global business process as a service (BPaaS) market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the business process as a service (BPaaS) market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The business process as a service (BPaaS) market includes revenues earned by entities by offering business process services through cloud based platform services. These can be any kind of business process solutions through the delivery of web-based services or cloud hosting services that benefit an organization to complete its business objectives and benefit business operations. BPaaS reduces the business costs of the operations by increased automation. It mixes Business Process Management (BPM) with one or more aspects of cloud deployment SaaS, PaaS, IaaS. BPaaS companies provide services on various platforms such as banking, advertising, marketing, industry operations and services, accounting and finance, customer service support and others. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The business process as a service (BPaaS) market research report is one of a series of new reports from The Business Research Company that provides business process as a service (BPaaS) market statistics, including business process as a service (BPaaS) industry global market size, regional shares, competitors with a business process as a service (BPaaS) market share, detailed business process as a service (BPaaS) market segments, market trends and opportunities, and any further data you may need to thrive in the business process as a service (BPaaS) industry. This business process as a service (BPaaS) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

An accidental death insurance policy protects you and your family in the event of serious injuries or death in an accident. The financial institutions pay a lump sum amount to the beneficiary in case of an accidental death, in addition to the standard benefit payable if the insured died of natural causes. This type of insurance is often an addition, or a clause connected to a life insurance policy. The main products of accidental death insurance are personal injury claims, road traffic accidents, work accidents, and other products. Work accident insurance is a type of insurance that pays benefits to employees or their families who are injured or killed on the job. Accidental death insurance is used for personal and enterprise applications. The products are distributed through direct marketing, bancassurance, agencies, e-commerce, and brokers. The global accidental death insurance market is segmented – 1) By Application: Personal, Enterprise 2) By Product: Personal Injury Claims, Road Traffic Accidents, Work Accidents, Other Products 3) By Distribution Channel: Direct Marketing, Bancassurance, Agencies, E-commerce, Brokers The global accidental death insurance market sizegrew from $67.34 billion in 2022 to $70.09 billion in 2023 at a compound annual growth rate (CAGR) of 4.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global accidental death insurance is expected to grow from $80.11 billion in 2027 at a CAGR of 3.4%. The accidental death insurance market is being driven by the rising number of accidental deaths. Due to the rising number of deaths by accidents, there is an increase in awareness in the general public about the benefits of having accidental death insurance and this is driving them to opt for accidental death insurance policies to safeguard their family's income. According to the Centers for Disease Control and Prevention (CDC), unintentional injuries or accidents were the fourth biggest cause of death in the United States in 2020, accounting for around 6% of all deaths. In 2020, a projected 200,955 people died as a result of unintentional injuries, with the elderly having the greatest death rates. This high number of fatal accidents is driving the demand for accidental death insurance market. Major players in the accidental death insurance market are Allianz, Assicurazioni Generali, China Life Insurance, MetLife, PingAn, AXA, Sumitomo Life Insurance, Aegon, Dai-ichi Mutual Life Insurance, and CPIC. The accidental death insurance market is being restrained by a low awareness of life insurance, including accidental death insurance. This results in a lower number of people opting for accidental death insurance, especially in underdeveloped and developed countries. For instance, according to a report by the Insurance Regulatory and Development Authority, the life insurance penetration in India was just 3.69%. Even though awareness levels have been increasing recently, they are still very low in some regions, such as the African subcontinent and parts of Asia, thus restraining the market. The companies in the accidental death insurance market are witnessing a transformation due to the integration of blockchain technology in life insurance products and processes. Blockchain technology is a system that keeps track of transactions done via cryptocurrencies and maintains them across several computers that are linked to each other. This facilitates a transparent process for both the insurance companies and customers, thus enabling the removal of fraudulent claims and activities. In addition to that, claims can be processed quickly, and the process becomes more flexible. For instance, November 2020, Tata Consultancy Services joined hands with B3i to launch blackchain solutions for the insurance industry. The accidental death insurance market is regulated by authorities such as The European Insurance and Occupational Pensions Authority (EIOPA) and the US National Association of Insurance Commissioners (NAIC). Life insurance companies in the European Union (EU) are required to follow the General Data Protection Regulation (GDPR), which creates guidelines on collecting and processing the personal data of individuals within the EU. The goal of the GDPR is to protect all citizens of the EU from data breaches, and life insurance companies are fined up to 4% of their annual turnover for a data violation. In the case of a data breach, customers are required to be notified within 72 hours after the company becomes aware of the breach. The Insurance Regulatory and Development Authority of India (IRDAI) made modifications to its commission structure to introduce more consistent commissions to be paid on life insurance products. North America was the largest region in the accidental death insurance market in 2022. Asia-Pacific was the second largest market in global accidental death insurance market share. The regions covered in the global accidental death insurance market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the accidental death insurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The accidental death insurance market consists of sales of accidental death insurance products by entities that undertake underwriting (assuming the risk and assigning premiums) on annuities and insurance policies. The insurance industry is categorized on the basis of the business model of the firms present in the industry. Some insurance firms may offer other services financial or otherwise. Contributions and premiums are set on the basis of actuarial calculations of probable payouts based on risk factors from experience tables and expected investment returns on reserves. The value of the market is based on the premiums paid by those insured, both commercial and personal. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products. The accidental death insurance research report is one of a series of new reports from The Business Research Company that provides accidental death insurance statistics, including accidental death insurance industry global market size, regional shares, competitors with accidental death insurance shares, detailed accidental death insurance segments, market trends and opportunities, and any further data you may need to thrive in the accidental death insurance industry. This accidental death insurance research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Mobile payments refer to that technology or software in which payments are made within the framework of financial regulation and performed by mobile phones with NFC capabilities. The various type of solutions provided are point-of-sale (PoS), in-store payments, and remote payments. A point-of-sale, or POS, is the place where the customer makes a retail payment for products or services. The different types of PoS solutions are near-field communication (NFC) payments, sound-wave based payments, magnetic secure transmission (MST) payments, and in-store payment solutions such as mobile wallets, quick response (QR) code payments. The various types of remote payments are internet payments, SMS payments, direct carrier billing, and mobile banking. The applications of mobile payment technologies are in retail and e-commerce, healthcare, BFSI, and enterprise. The global mobile payment technologies market is segmented - 1) By Solutions: Point-Of Sale (POS), In-Store Payments, and Remote Payments 2) By Application: Retail & E-Commerce, Healthcare, BFSI, Enterprise 3) By POS Solutions: Near-Field Communication (NFC) Payments, Sound-Wave Based Payments, Magnetic Secure Transmission (MST) Payments 4) By In-Store Payments Solutions: Mobile Wallets, Quick Response (QR) Code Payments 5) By Remote Payments: Internet Payments, SMS Payments, Direct Carrier Billing, Mobile Banking The global mobile payment technologies market size will grow from $86.91 billion in 2022 to $109.06 billion in 2023 at a compound annual growth rate (CAGR) of 25.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global mobile payment technologies is expected to grow to $267.96 billion in 2027 at a CAGR of 25.2%. The initiatives taken by governments to promote a cashless economy is a major driver for the growth of the mobile payment technologies market. A cashless economy is the one in which financial transactions are not done with banknotes or physical currency but via digital modes of payment. In this regard, government across the world along with the central banks are taking several initiatives to move towards a cashless economy, which ultimately leads to the growth of the mobile payment technologies market. For instance, in August 2021, the Government of India launched a digital payment method e-RUPI, a cashless and contactless digital payment method. e-RUPI is essentially a digital voucher that a beneficiary receives by SMS or a QR code on his phone. It is a pre-paid coupon that can be used at any location that takes it. Major players in the mobile payment technologies market are PayPalInc., MasterCard, Bharti Airtel, GoogleInc., Apple Inc., First Data Corporation, American Express Co., Vodacom Group, Millicom International Cellular, Mahindra Comviva, Orange, DwollaInc., WorldPay, Paytm, AT & TInc., Safaricom Limited, MTN Group, Econet Wireless Zimbabwe, Visa, BlueSnap, PayU, Bank of America, Amazon, Citrus Payment Solutions, Stripe, Six Payment services, Paysafe, Wirecard, Novatti, Vodafone Ltd., and Microsoft Corporation. Security issues and threat of data breach is an important restraint on the mobile payment technologies market. This is mainly because lot of information and data is transferred in digital payments, which becomes a challenge for data security. There are multiple security issues like frauds & chargebacks, technical integration, malicious app clones, and mobile frauds that have an adverse impact on this market. For example, PayPal announced a security breach that put over 1.6 million customer's data at risk and as a compensation, the company had to offer free credit monitoring services for those who needed it. The integration of Internet of Things (IoT) with mobile payments is an emerging trend in the mobile payment technologies market. IoT is a system of interrelated computing devices, mechanical and digital machines, or people that can transfer data over a network without requiring any human-to-human or human-to-computer interaction. The integration of IoT in mobile payment technologies eases the payment experience of consumers and merchants, ensuring smooth and efficient payments on both ends. Due to increased convenience and safety provided by IoT-based mobile payments, many people are moving towards mobile payment technologies. For example, MasterCard integrated IoT for bringing payments to a wide range of consumer products for around 50 billion devices that are expected to be connected to the internet by 2020. The company is also planning to come up with the latest IoT-based devices to boost digital payments. The mobile payment technologies market is governed by the Payment Services Directives (PSD2) which regulates the payment service providers throughout the European Union (EU) and European Economic Area (EEA). This regulation primarily focuses on developing a more integrated payments market in Europe and encourages non-banks to participate in this industry to enhance competition. PSD2 also ensures safer and more secured payments to increase protection of the customers and their data. Hence, this regulation is expected to further drive the mobile payment technologies market by providing smooth and efficient payment experience for both customers and payment service providers. In March 2022, RAZORPAY, an India-based provider of full-stack financial solutions acquired IZealiant Technologies for an undisclosed amount. With the acquisition of IZealiant, RAZORPAY would be able to support banks with excellent technological infrastructure, enhancing the end-user payment experience. IZealiant Technologies is an India-based provider of software solutions to financial institutions. The Asia-Pacific was the largest region in the mobile payment technologies market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global mobile payment technologies industry report during the forecast period. The regions covered in the global Internet of Things (IoT) security market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the mobile payment technologies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The mobile payment technologies market includes revenues earned by entities by technologies, which can be used as a method of payment that does not involve cash or cheques but allows consumers to make immediate payments using portable electronic devices such as smartphones or tablets. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The mobile payment technologies market research report is one of a series of new reports from The Business Research Company that provides mobile payment technologies market statistics, including mobile payment technologies industry global market size, regional shares, competitors with a mobile payment technologies market share, detailed mobile payment technologies market segments, market trends and opportunities, and any further data you may need to thrive in the mobile payment technologies industry. This mobile payment technologies market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Retail refers to selling goods in small quantities to the end users. Retailing involves buying from wholesalers or direct from producers, breaking bulk, displaying goods for sale either physically or online, and sometimes delivery. The major types of retail are motor vehicle and parts dealers; food and beverage stores; gasoline stations; miscellaneous store retailers; cosmetics and personal care stores; clothing and clothing accessories stores; electronics and appliance stores; furniture and home furnishings stores; supermarkets; and hypermarkets; convenience; mom and pop stores; department stores and other general merchandise stores; e-commerce and other non-store retailers; building materials and garden equipment and supplies dealers; pharmacies; healthcare stores; and sporting goods, hobby, musical instrument, and book stores. A bookstore is a location of business where the principal commodity for sale is books. The ownership forms include wholesale and distribution chains and independent wholesalers that are distributed through supermarkets and hypermarkets, convenience stores, department stores, specialty stores, online and other distribution channels. The global retail market is segmented – 1) By Type: Motor Vehicle And Parts Dealers, Food And Beverage Stores, Gasoline Stations, Miscellaneous Store Retailers, Cosmetics And Personal Care Stores, Clothing And Clothing Accessories Stores, Electronics And Appliance Stores, Furniture And Home Furnishings Stores, Supermarkets And Hypermarkets, Convenience, Mom And Pop Stores, Department Stores And Other General Merchandise Stores, Ecommerce And Other Non-Store Retailers, Building Material and Garden Equipment and Supplies Dealers, Pharmacies and Healthcare Stores, Sporting Goods, Hobby, Musical Instrument, and Book Stores 2) By Ownership: Retail Chain, Independent Retailer 3) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Department Stores, Specialty Stores, Online, Other Distribution Channels Subsegments Covered: Auto Parts And Accessories, Automobile Dealers, Other Motor Vehicle Dealers, Specialty Food Stores, Beer, Wine And Liquor Stores, Diesel - Retail, Gases, Gasoline - Retail, Other Gasoline Stations Hair Care Stores, Skin Care Stores, Cosmetics Stores, Clothing/Apparel Stores, Jewelry And Watch Stores, Optical Goods Stores, Footwear Stores, Hardware Suppliers And Security Stores, Consumer Electronics Stores, Furniture Stores, Home Furnishings Stores, Supermarkets, Hypermarkets, Convenience Stores, Mom And Pop Stores, Department Stores, Other General Merchandise Stores, E-Commerce, Vending Machine Operators, Direct Selling Establishments, Building Material and Supplies Dealers, Lawn and Garden Equipment and Supplies Stores, Pharmacies and Drug Stores, Other Health and Personal Care Stores, Sporting Goods Stores, Hobby, Toy, and Game Stores, Musical Instrument and Supplies Stores, Other Sporting Goods, Hobby, Musical Instrument, and Book Stores The global retail market size will grow from $26,178.76 billion in 2022 to $28,344.51 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of retail market is expected to grow to $37,665.83 billion in 2027 at a CAGR of 7.4%. Many retailers are adopting a robust and cohesive strategy for data analytics in management. This technology is being deployed to enhance supply chain efficiency, streamline operations to engage customers, and build loyalty. Data has become critical for most retail operations. With the rapid growth in retail data and the availability of technologies to analyze data, it will become easier for retailers to identify and meet the needs and expectations of their customers. This is expected to drive the market going forward. Major companies in the market include Walmart Inc., Sinopec Limited, Amazon.com Inc., PetroChina Company Limited, CVS Health Corporation, Costco Wholesale Corp, The Kroger Co, McKesson Corporation, Walgreens Boots Alliance Inc., and JD.com Inc. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the retail market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms, including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province, of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in the manufacture and trade of non-essential goods and an overall decline in economic activity, with countries entering a state of "lock down" and the outbreak having a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the retail market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. The retail and e-commerce markets are increasingly investing in drones to reduce delivery times and increase profitability. A drone is an unmanned aerial vehicle (UAV) that is remotely controlled or flies autonomously using software-controlled flight plans in its systems. Using a drone for delivery allows retailers to cut costs and help provide customers with their products earlier than traditional delivery methods. For example, Amazon has been investing in its Prime Air deliveries via drones, which claim to complete the delivery within 30 minutes. Amazon has started delivery trials via drones in the UK but is still waiting for regulatory approval in the US. Asia-Pacific was the largest region in the retail market in 2022. North America was the second-largest region in the retail market share. The regions covered in the retail market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the retail market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The retail market includes revenues earned by entities by providing retail services through supermarkets, convenience stores, specialty stores, department stores, and warehouses. The market value includes the value of related goods sold by the service provider or included within the service offering. The retail market also includes sales of food, hard or durable goods, soft goods and art goods. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The retail market research report is one of a series of new reports from The Business Research Company that provides retail market statistics, including retail industry global market size, regional shares, competitors with a retail market share, detailed retail market segments, market trends and opportunities, and any further data you may need to thrive in the retail industry. This retail market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Search Engine Optimization Services Market Definition

The search engine optimization (SEO) services market consists of the revenues generated from sales of SEO advisory services by entities (organizations, sole traders or partnerships) that provide advisory services for businesses to optimize their websites. Search engine optimization companies advise their clients in optimizing their websites and their content to enhance the websites’ visibility in search results. SEO is the process of improving websites to increase their visibility when individuals search for products or services related to a specific business in search engines such as Google, Bing, and others. The better visibility of pages in search results, the more likely they are to garner attention and attract both prospective and existing customers to businesses.

An integrated circuit is a small chip that acts as an amplifier, an oscillator, a timer, and a memory computer. An integrated circuit is a small wafer that can accommodate hundreds to millions of transistors, resistors, and capacitors. Integrated circuits are used in various applications such as automobiles, telecommunication, aerospace and defense, and consumer electronics. The main types of integrated circuits are general-purpose IC and application-specific IC. An application-specific integrated circuit is a type of integrated circuit designed specifically for a particular application or function. The various products of integrated circuits are digital IC, analog IC and mixed-signal IC that are used for automotive, industrial, consumer electronics, IT and telecommunication, health care, aerospace and defense and other applications. The global integrated circuits market is segmented - 1) By Product Type: Digital IC, Analog IC, Mixed-Signal IC 2) By Application: Automotive, Industrial, Consumer Electronics, IT & Telecommunication, Health Care, Aerospace & Defense, Other Applications 3) By Type: General-purpose IC, Application-specific IC The global integrated circuits market will grow from $389.31 billion in 2022 to $427.02 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global integrated circuits market is expected to grow to $596.77 billion in 2027 at a CAGR of 8.7%. The increasing adoption of the Internet of things (IoT) is expected to drive the integrated circuits (ICs) market in the forecast period. ICs allow us to sense, understand, and transmit intelligent data. IoT is expected to boost the growth of the integrated circuit market due to various benefits of using analog ICs across a wide range of real-time connected devices and applications. Analog ICs have efficient power consumption features and the signals processing capabilities needed to configure an automated devices ecosystem. For instance, according to the Gartner Symposium, there are 25 billion internet-connected devices in 2021. Each of these devices required ICs that contain embedded technology to communicate and sense or interact with the environment. Therefore, increasing the adoption of IoT devices will increase the demand for ICs and hence it is expected to drive growth of the integrated circuits market. Major players in the integrated circuits market are Intel Corporation, Texas Instruments, Analog Devices, STMicroelectronics, NXP, ON Semiconductor, Micron, Toshiba, Broadcom, and Qualcomm. Complexity in the design of automotive integrated circuits acts as a major challenge in the integrated circuits market. The structure chain of automotive IC is complex when compared to mobile phones, electronic home appliances, such as televisions and remote controllers. It makes difficult to develop highly reliable automotive ICs. For instance, consumers are demanding more automotive capability, car safety and high-reliability requirement and semiconductors play a major part in these innovative solutions. Many of the semiconductors now part of Advanced Driver Assistance Systems (ADAS) is critical to the vehicle's function and safety where faults cannot be tolerated. Therefore, complex designing of highly reliable automotive ICs hinders the market’s growth. Increased use of next-generation mobile networks, such as 4G and 5G, requires the installation of new infrastructure. Chipsets such as radio frequency integrated circuits, system on chips, application specific integrated circuits, cellular integrated circuits, and millimeter-wave integrated circuits are mainly used in the development of 5G infrastructure, which creates a high demand for integrated circuits. Deployment of 5G as the demand driver that will require semiconductors for infrastructure is rose the revenue of semiconductors from US$422.8 billion in 2019 to US$448 billion in 2020. In July 2020, Analog Devices, an American semiconductor manufacturing company, acquired Maxim Integrated for $20.9 billion.Through this acquisition, Analog Devices will be able to broaden its footprint in the market, expanding sales of analog and mixed-signal integrated circuits, power management systems, radio frequency products, and digital processors and sensors. Maxim Integrated, an American, publicly traded company that designs, manufactures, and sells analog and mixed-signal integrated circuits. Asia-Pacific was the largest region in the integrated circuits market in 2022. North America was the second-largest region in the global integrated circuits market share. The regions covered in the global integrated circuits market report analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the integrated circuits market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The integrated circuits market consists of sales of analog integrated circuits, digital integrated circuits, mixed-signal integrated circuits, and other integrated circuits. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The integrated circuits market research report is one of a series of new reports from The Business Research Company that provides integrated circuits market statistics, including integrated circuits industry global market size, regional shares, competitors with a integrated circuits market share, detailed integrated circuits market segments, market trends and opportunities, and any further data you may need to thrive in the integrated circuits industry. This integrated circuits market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The consumer electronics e-commerce refers to businesses, companies, and individuals selling electronic goods that include television, navigation products, digital cameras and accessories, digital camcorders and accessories, e-Reader and others, through online channel. The main types of consumer electronics are video products, audio products, and other products. Video products refer to an electronic device encased in a single housing that has an integral power supply, is connected to a mains power source, and is designed solely for producing or recording, or both, audio, and video signals, to or from digital or analogue media. The different business models are business to business (B2B) and business to consumer (B2C). The various pricing models involved are low-cost products, medium-cost products, and high-end products. The global consumer electronics e-commerce market is segmented - 1) By Product: Video Products, Audio Products, Other Products 2) By Business Model: Business To Business (B2B), Business To Consumer (B2C) 3) By Pricing Model: Low Cost Products, Medium Cost Products, High End Products The global consumer electronics e-commerce market size will grow from $539.46 billion in 2022 to $614.98 billion in 2023 at a compound annual growth rate (CAGR) of 14.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global consumer electronics e-commerce market size is expected to grow to $975.27 billion in 2027 at a CAGR of 12.2%. Consumers are shifting from offline to online shopping, and this factor is the key driving factor in the consumer electronics e-commerce market. Globally, nearly 53% of the global population (more than 4 billion people) is connected to the internet, and nearly all of them (92.6%) go online using their mobile devices. Internet connectivity has presented an opportunity for hassle-free shopping anytime, anywhere. Internet accessibility, mobile technology, and digital innovations are changing consumers' shopping experiences. With customers' trust in buying high-value products, including electronics, on the Internet, the number of online shoppers is skyrocketing. Therefore, with the increased penetration of online shopping in consumers’ lives, the value of the electronics e-commerce market is expected to only rise but not slow down. Major players in the consumer electronics e-commerce market are Alibaba, Amazon, JD.com, eBay, Shopify, Rakuten, Walmart, Newegg, Target, and Flipkart. The lack of an integrated end-to-end logistics platform for the delivery of electronics purchased online is a key factor challenging the growth of this market. This is because supply is more important than demand, and in developing countries, there is a significant logistical barrier. For instance, in India, there are 6,000 cities and 600,000 villages that account for nearly 70% of the country’s population. Retail e-commerce can deliver to only an estimated 200 cities in India, which means for a major proportion of the population, these services are not available. The logistics performance differs significantly in each country. The differences include local logistics infrastructure, delivery choices, modes of delivery, and warehousing. These pose challenges for businesses keen to expand across borders. Additionally, catering services for same-day and next-day deliveries, along with managing change requests for time slots simultaneously, is another major ongoing logistical challenge for retailers. These factors are therefore hindering the growth of the consumer electronics e-commerce market. Augmented reality (AR) technology enhances the online shopping experience. Online shoppersty (AR) technology enhances the online shopping experience. Online shoppers' uncertainty about a product they wish to purchase online is solved with AR technology. AR solutions allow customers to visualize products in real-time, from the comfort of their homes. The 3D visualizations via AR provide an opportunity for customers to see how products could look in their space before they commit to purchasing them. They can try different options and choose the best product. It reduces the inconvenience due to the return or exchange of products and saves time and the cost of returns. AR helps online retailers significantly reduce returns by providing a 'try-before-you-buy' digital experience. For example, Augment is an augmented reality tool that allows customers to view a product in real-time. Augment helps customers to rotate and see products so that they can be visualized in a natural setting. Also, customers can change the product colors and finishes. Amazon.com Inc. signed pacts with the Future Group to sell products from India’s second-largest brick-and-mortar retailer on its online marketplace. According to an exchange filing Monday, Amazon will become the authorized online sales channel for Future Retail Ltd.’s stores, which sell everything from groceries to cosmetics and apparel, among other things. The e-commerce giant will also have a tie-up with Future Consumer Ltd., which makes consumer goods like packaged snacks and household cleaners. North America was the largest region in the consumer electronics e-commerce market share in 2022. Asia-Pacific was the second largest region in the global consumer electronics e-commerce market. The regions covered in the global consumer electronics e-commerce industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the consumer electronics e-commerce market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The consumer electronics e-commerce market includes revenues earned by entities by computers, laptops, smartphones, TV sets, tablets, game consoles, speakers and headphones, wearables, digital cameras, and VR (Virtual Reality) & AR (Augmented Reality) devices. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The consumer electronics e-commerce market research report is one of a series of new reports from The Business Research Company that provides consumer electronics e-commerce market statistics, including consumer electronics e-commerce industry global market size, regional shares, competitors with a consumer electronics e-commerce market share, detailed consumer electronics e-commerce market segments, market trends and opportunities, and any further data you may need to thrive in the consumer electronics e-commerce industry. This consumer electronics e-commerce market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The toiletry refers to products and items that are used to clean and groom such as everyday shampoo, and soaps. The toiletries are convenience products that can be carried easily and anywhere. The main types of toiletries are lotions (including sunscreens), hair preparations, face creams, perfumes, shaving preparations, and other types. Lotions are liquid preparations for cosmetic or external medicinal use. The preferences are mass and premium. The genders are male and female. The distribution channels are hypermarkets and supermarkets, e-commerce, pharmacy stores, and other distribution channels. The global toiletries market is segmented - 1) By Type: Lotions (Including Sunscreens), Hair Preparations, Face Creams, Perfumes, Shaving Preparations, Other Cosmetic Preparations 2) By Preference: Mass, Premium 3) By Gender: Male, Female 4) By Distribution Channel: Hypermarkets/Supermarkets, E-Commerce, Pharmacy Stores, Other Distribution Channels The global toiletries market size will grow from $314.07 billion in 2022 to $349.62 billion in 2023 at a compound annual growth rate (CAGR) of 11.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of toiletries is expected to grow to $538.37 billion in 2027 at a CAGR of 11.4%. The ageing population is expected to be a growth driver for this market. Sales of products such as anti-aging creams and peels, wrinkle-reducing moisturizers, and other anti-aging topical treatments are expected to increase. Apart from this, older women usually have more disposable income than younger women. This will make it easier for them to spend more on cosmetics. According to the World Population Ageing 2019 report, there were 703 million people over the age of 65 in 2019 and this is expected to increase to 1.5 billion in 2050. This is expected to increase the demand for various cosmetic products, especially cosmetics with pharmaceutical capabilities, thus driving the toiletry market going forward. Major companies in the toiletries market include L'Oreal SA, Unilever plc, The Estée Lauder Companies Inc., Procter & Gamble, Shiseido Company Limited, Beiersdorf AG, Kao Corporation, Johnson & Johnson, Colgate-Palmolive co, and Coty Inc. Strict regulations by government agencies on the use of certain ingredients in cosmetics are expected to act as a key restraint on the market. These ingredients are prohibited due to their toxicity and possible skin diseases due to their use. The EU Cosmetics Regulations list substances that cannot be used and also those that can be used only in specified circumstances. Similarly, the US Food and Drug Administration (FDA) prohibits or restricts a list of ingredients in cosmetics. These prohibited substances include bithionol, chloroform, mercury compounds, methylene chloride, vinyl chloride, and chlorofluorocarbon propellants. Companies are focusing on the manufacturing of toiletries based on natural and organic products due to increased awareness of consumers about the hazards due to the usage of synthetic materials. Toiletries are products focused on consumer hygiene and beatification. Companies are producing products with a high rate of transparency in ingredients, packaging, and sustainability as the end-users are opting for a healthy lifestyle. Natural and organic products are obtained from plant extracts, vegetables, and essential oils with higher levels of vitamin C and essential minerals such as calcium, magnesium, iron, and chromium and are eco-friendly. For instance, by March 2021, Maybelline and Lancôme maker L’Oréal aims to derive nearly all its ingredients from renewable plant sources and abundant minerals by 2030, as demand for organic and environmentally friendly cosmetics grows. Asia-Pacific was the largest region in the toiletries market in 2022. Western Europe was the second-largest region of the toiletries market. The regions covered in the toiletries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the toiletries market report are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, and Vietnam. The toiletry market consists of the sales of toothbrush, cap, tooth cleaner, floss, razor, blades, shaving liquids, deodorants, and towels. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The toiletries market research report is one of a series of new reports from The Business Research Company that provides toiletries market statistics, including toiletries industry global market size, regional shares, competitors with a toiletries market share, detailed toiletries market segments, market trends and opportunities, and any further data you may need to thrive in the toiletries industry. This toiletries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.