DUBLIN--(BUSINESS WIRE)--The "Mexico Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q2 2023 Update" report has been added to ResearchAndMarkets.com's offering.
The rise of digital commerce has been unequivocal, and nowhere more so than in Mexico, where a new databook delving into the Ecommerce market has now been made available. According to a latest comprehensive analysis, the Ecommerce market in Mexico is on a trajectory of robust expansion, predicted to surge by 9.88% year-on-year to reach a valuation of US$56.4 billion in 2023. This represents a burgeoning market ripe for further investment and targeted strategies as consumer preferences and digital infrastructure continue to evolve.
With an anticipated compound annual growth rate (CAGR) of 8.04% from 2023 through 2027, the databook forecasts Mexico's Ecommerce gross merchandise value to escalate from US$51.3 billion in 2022 to an impressive US$76.9 billion by the end of the assessment period. The exhaustive study encapsulates over 100 key performance indicators (KPIs) pertinent to the nation's Ecommerce scene, offering a granular view of market shares, sales channels, payment instruments, and consumer demographics.
Expanding Scope of the Report
- Detailed analysis of user statistics and shopping behaviors, including card abandonment and product return rates.
- Comprehensive market segmentation insights across Ecommerce verticals such as Retail Shopping, Travel & Hospitality, Online Food Service, and more.
- Dissection of market share by key players within prominent verticals, highlighting dominant entities and their market strategies.
- Thorough examination of sales channels within the Retail Shopping and Food Service Ecommerce sectors.
- Projection of trends in device and operating system utilization for Ecommerce activities.
In the sphere of Retail Shopping, key players such as Amazon and Walmart have been scrutinized, while the Travel Ecommerce landscape has been seen influenced by companies like Uber Taxi and Volaris. Digital platforms including DiDi Food and Uber Eats have been making significant strides in the Online Food Service sector.
Consumer Insights and Digital Payment Trends
Insight into Mexican consumer demographics has been a focal point, dissecting preferences across age groups, income levels, and gender. The report also covers payment instrument preferences, emphasizing the trend toward digital and mobile wallets, credit and debit card use, and other emerging digital payment methods.
Strategic Opportunities Identified
Businesses operating within Mexico's digital marketplace can leverage this data-centric analysis to hone their service offerings and refine consumer engagement strategies. The observed trends across various verticals provide a foundation for tailored corporate initiatives that address consumer needs and align with market growth patterns.
Bringing to light key strategic elements such as the escalation in live streaming engagement and cross-border Ecommerce transactions, the databook speaks volumes about the multi-faceted nature of Mexico's Ecommerce evolution. It also underscores consumer propensity toward mobile commerce, indicating a market shift that stakeholders should not overlook.
Indeed, with the Mexico Ecommerce market demonstrating such dynamic prospects and detailed KPIs offering a roadmap of emerging opportunities, industry actors are well-armed to navigate this digital frontier. As the local Ecommerce landscape matures, understanding these insights will be crucial to capitalize on the market's vigorous trajectory and consumer trends.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 110 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value (USD) in 2023 | $56.42 Billion |
| Forecasted Market Value (USD) by 2027 | $76.89 Billion |
| Compound Annual Growth Rate | 8.0% |
| Regions Covered | Mexico |
Companies Mentioned
- Amazon
- Coppel
- Hot Sale
- Mercado Libre
- Walmart
- DiDi Food
- Rappi
- SinDelantal
- Uber Eats
- Best Day Travel
- BlaBlaCar
- Uber
- Viva Aerobus
- Volaris
For more information about this report visit https://www.researchandmarkets.com/r/4l3xcz
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