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Luxury E-Tailing Market to Grow by USD 32.48 Billion from 2024-2028, Driven by Online Spending and Smartphone Use, with AI Powering Market Evolution – Technavio

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NEW YORK, Sept. 30, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Global Luxury E-Tailing Market size is estimated to grow by USD 32.48 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 9.12%  during the forecast period. Rise in online spending and smartphone penetration is driving market growth, with a trend towards multichannel marketing  However, strict competition from offline channels  poses a challenge.Key market players include ASOS Plc, Authentic Brands Group LLC, Bed Bath and Beyond Inc., Burberry Group Plc, Chanel Ltd., Charms and Chains, Compagnie Financiere Richemont SA, Crate and Barrel, Harrods Ltd., Hennes and Mauritz AB, Hermes International SA, Hudsons Bay Co., Inter IKEA Holding B.V., Kering SA, Luxuryperfume.com Inc, LVMH Group., Moda Operandi Inc., Nordstrom Inc., Ralph Lauren Corp., and SDI (Brands 2) Ltd..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Luxury E-Tailing Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 9.12%

Market growth 2024-2028

USD 32483.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

8.15

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 51%

Key countries

China, US, Japan, Italy, and France

Key companies profiled

ASOS Plc, Authentic Brands Group LLC, Bed Bath and Beyond Inc., Burberry Group Plc, Chanel Ltd., Charms and Chains, Compagnie Financiere Richemont SA, Crate and Barrel, Harrods Ltd., Hennes and Mauritz AB, Hermes International SA, Hudsons Bay Co., Inter IKEA Holding B.V., Kering SA, Luxuryperfume.com Inc, LVMH Group., Moda Operandi Inc., Nordstrom Inc., Ralph Lauren Corp., and SDI (Brands 2) Ltd.

Market Driver

The luxury e-tailing market for premium cosmetics is thriving due to the significant impact of social media on consumer behavior. Consumers increasingly rely on social networking sites and blogs for product information. Vendors leverage platforms like Facebook, Twitter, Instagram, and YouTube to boost product awareness and engagement. Successful campaigns, such as Nykaa’s influencer marketing initiative for its clay it cool mask range in February 2023, underscore this trend. The expanding internet and smartphone penetration, along with increasing customer engagement practices by vendors, are key growth drivers for this market. 

Title: Luxury E-Tailing Market: Trends, Growth Drivers, and Competitor Landscape Introduction: The historic luxury e-tailing market has witnessed significant growth, driven by increasing online spending, smartphone penetration, and social media influence. In this report, we provide an overview of key trends, leading manufacturers, cost structure, sales and revenue analysis, price analysis, and supply chain analysis. Competitor Overview: Major players include Huda Beauty (Internet-native), LVMH Moët Hennessy Louis Vuitton SE (traditional luxury firm), and Kering (designer goods business). We profile these companies based on footprint expansion, supply chain optimization, and M&A activities. Market Dynamics: Growth is high due to consumer experience, digital engagement, and multichannel marketing strategies. Regulatory framework and reimbursement scenario are essential considerations. Table of Contents: 1. Executive Summary 2. Market Overview 3. Market Dynamics 4. Competitor Profiling 5. Cost Structure 6. Sales and Revenue Analysis 7. Price Analysis 8. Supply Chain Analysis 9. Trade Type Analysis 10. Product Type Analysis 11. Research Findings 12. Conclusion 13. Appendix 14. Methodology 15. Data Sources Primary Data Sources: Surveys, interviews, and focus groups with industry experts, executives, and consumers. Secondary Data Sources: Company annual reports, financial statements, industry reports, and databases. Analysts and Consultants: Our team of experts includes industry veterans, market analysts, and consultants. Key Trends: Online spending, smartphone penetration, social media, celebrity endorsement, product design, and innovation. 

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 Market Challenges

Consumers’ preference for seeing and touching luxury items before purchasing, such as personal care products, wine, spirits, home décor, home furnishings, and furniture, keeps the offline market for these products thriving. High-value transactions for infrequently bought items like furniture require consumers to explore various options and address queries on the spot, which offline stores provide. Security concerns hinder consumers from making significant online purchases. The offline home decor market benefits from an increase in product-specialty and brand-specific stores, which consumers trust for credibility and personalized attention. These factors pose a significant challenge to the growth of the luxury e-tailing market in the forecast period.Luxury E-tailing, or the sale of high-end and premium goods through digital platforms, presents unique challenges for tech-savvy firms. Small and medium businesses in this sector face hurdles in developing mobile apps for Windows, iOS, and Android platforms to cater to diverse customer preferences. Macroeconomic indicators and demand-side dynamics influence the luxury E-tailing market, with fashion, accessories, beauty, jewelry, watches, home décor, lifestyle products, business management, information technology, luxury food, and wine being popular categories. Personalization is key, requiring advanced business management and IT tools. B2B and B2C models use various e-commerce websites, mobile apps, and online marketplaces to reach exclusive and prestigious brands. Effective communication backbones, payment mechanisms, order fulfillment, and logistics are essential. Porter’s five-forces analysis can help understand the competitive landscape and regional market share.

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Segment Overview 

This luxury e-tailing market report extensively covers market segmentation by  

Product 1.1 Personal luxury1.2 Food and wine1.3 Home accessoriesChannel 2.1 Multibrand2.2 MonobrandGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Personal luxury-  The luxury personal luxury market encompasses watches, jewelry, accessories, shoes, bags, fragrances, cosmetics, glasses, headphones, and other premium items. The trend toward online shopping is escalating due to increasing Internet penetration and smartphone usage. Manufacturers broaden their distribution networks by collaborating with third-party e-retailers and launching their own websites. Tier-1 and tier-2 cities are significant targets for professional skincare product vendors, offering access to logistics and e-retailers for successful online distribution. Popular online retailers, like Amazon.com and Alibaba Group, provide a vast selection of luxury skincare products, including anti-aging, acne control, and pigmentation solutions. With the retail landscape evolving, online shopping offers opportunities for professional skincare product companies. Vendors, including LVMH, Kering Inc., Procter and Gamble Co., and L’Oreal SA, sell their products through their websites, contributing significantly to their revenue. Online platforms offer personalized shopping assistance and product comparisons, making them preferred channels for purchasing luxury personal luxury. Consumbers value secure transactions, cash-on-delivery options, convenient return policies, integrated consumer service, and 24-hour accessibility. Although the online distribution segment’s market share is low due to consumer preference for offline channels, it is projected to witness growth during the forecast period. Major cosmetics manufacturers, such as Beiersdorf AG, expand their professional skincare e-retail businesses through partnerships with distributors, like NetEase Kaola, to gain a competitive edge and increase online sales.

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Research Analysis

The luxury e-tailing market has experienced significant growth in recent years, driven by increasing online spending, smartphone penetration, and the influence of social media. Consumers are now able to browse and purchase designer goods from anywhere, at any time, using their mobile devices. Product design and innovation continue to be key differentiators in this market, with tech-savvy firms leveraging digital engagement and personalization to create unique shopping experiences. Publisher and designer goods businesses, as well as traditional luxury firms, are adapting to this new reality by launching mobile apps on platforms like Windows, iOS, and Android. Multichannel marketing and consumer experience are also critical factors, with small and medium businesses using macroeconomic indicators to navigate this dynamic market. Celebrity endorsement remains a powerful tool for driving sales, while the role of digital platforms in shaping consumer preferences and trends cannot be overstated.

Market Research Overview

Luxury e-tailing, or the sale of high-end and premium goods online, has seen significant growth in recent years. Driven by increasing online spending, smartphone penetration, and digital engagement, the market is witnessing innovation and multichannel marketing strategies from both designer goods businesses and traditional luxury firms. Social media and celebrity endorsements are also playing a crucial role in driving sales. The luxury e-tailing landscape is diverse, encompassing digital platforms such as e-commerce websites, mobile apps, and online marketplaces. Exclusive and prestigious brands in fashion, accessories, beauty, jewelry, watches, home décor, lifestyle products, business management, information technology, luxury food, and wine are all embracing the digital shift. Key components of luxury e-tailing include business management, information technology, B2B and B2C models, e-tailing components, micro environment analysis, and Porter’s five forces. This report delves into the macroeconomic indicators, demand-side dynamics, and electronic retailing trends shaping the luxury e-tailing industry. The report covers leading manufacturers, cost structure analysis, sales and revenue analysis, price analysis, supply chain analysis, trade type analysis, product type analysis, research findings, conclusion, appendix, methodology, and data sources. Stay tuned for a comprehensive overview of the luxury e-tailing market, including regional market shares, historic market data, competitor overviews, entry strategies, regulatory framework, reimbursement scenario, and more.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductPersonal LuxuryFood And WineHome AccessoriesChannelMultibrandMonobrandGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

The Next Generation of Agent Assist is Here with Balto

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ST. LOUIS, Sept. 1, 2026 /PRNewswire/ — Balto, the leading AI platform for contact centers and the company that invented the category of agent assist called real-time guidance in 2017, today officially unveiled RTG3 – the tool is being regarded as the future of agent assist – not for its first of its kind features, but also because it’s an agent assist that consistently delivers measurable ROI.

Introducing RTG3

RTG3 delivers what Balto describes as ambient agentic intelligence for the frontline contact center agents – an experience the contact center space has never seen before, and one that is being heralded as the future of agent assist.

The idea was born from a simple but powerful feeling: Making the agent app the central command center for the frontline by providing instant answers to information that’s impossible to memorize, the ability to search for information right on the app, and turning it into a personalized workspace, rather than just another screen/app on their desktop.

RTG3 brings that experience to the frontline contact center agent for the first time, within the context of their work. Rather than a single nudge tucked on the side of the screen, RTG3 is agentic intelligence that works on the agent’s behalf, automatically launching AI agents that gather the answers, customer context, and hard-to-find information a live conversation calls for, exactly when it’s needed. The result is a frontline agent with AI at their fingertips and the freedom to focus on the customer in front of them.

That power belongs to the agent. RTG3 is built for the frontline, designed to be made their own, personalized and arranged around how each person works best; not to monitor them, and not to replace them. It is Balto’s bet on humans and on what they are capable of when given the best possible tools. RTG3 is available today, free to existing Balto real-time guidance customers, through a fast and easy implementation.

Consistently delivers measurable ROI

Agent assist is the top investment priority for contact center leaders. According to industry-leading analysts in Customer Management Practice (CMP) Research, in the 2026–2027 year, 61% of leaders say they are going to invest in agent assist, making it the number one category, ahead of analytics and insights, chatbots and virtual agents, knowledge management, and automated QA.

Renowned for an excellent product suite, customer service and a platform that consistently delivers measurable ROI across multiple industries, Balto holds a 4.8-star rating across more than 600 reviews on G2 and Capterra, and has built RTG3 to meet that demand where the ROI actually lands: improved customer retention, agent to manager ratio, reduced agent turnover, accelerated ramp time, reducing handle time, better CSAT scores, and higher conversion rates.

“If you know there’s golden data, why are you waiting for somebody to go into your product, go to the interface and ask the question? Provide them with the data that you know is good,” says Balto CEO Marc Bernstein. That principle of putting that intelligence directly in front of the agent, rather than waiting for someone to ask, is at the heart of RTG3.

How RTG3 Works

RTG3 works today in the format contact center teams already know: the app is nestled in over the side of the screen and integrates with the CCaaS and UCaaS to start and stop automatically as calls come in and go out. For the first time, Balto is also introducing an intelligent agent desktop powered by ambient agentic intelligence for the frontline contact center agent.

Customer History before the call: The second a call comes through, Balto automatically populates the history of that customer by working through previous Balto conversations and transcripts. Agents immediately see why the customer is calling and their most recent call history. Customer History carries a 93% thumbs-up rating from agents.AI agents working in the background: When a customer mentions a city, Balto pulls local weather and sports. When a competitor comes up, it pulls that competitor’s reviews and surfaces the common complaints. In healthcare, when a provider is mentioned, Balto returns the provider’s name, specialty, practice address, and a link to their listing. All of it happens in the background while the agent keeps talking.Answers to questions impossible to memorize: Agents can ask Balto anything, including questions no one could reasonably memorize, such as pricing a plan for several hundred seats with the right discounts applied. Balto searches knowledge resources in Balto Cloud and can search a customer’s SharePoint. Every answer cites its source and deep links to the exact article, page, and section it came from.Real-time checklists are built as levers: The best AI checklists are not a full script; they are a few levers that let agents hit the metrics that matter: compliance requirements like verification, deeper discovery, and an assumptive ask or close. Agents can set completed items to auto-disappear, or keep them visible.A home base for the agent: Agents no longer have to navigate an obstacle course of tabs, CRMs, and Slack channels just to answer one customer question. RTG3 consolidates everything agents need–compliance, knowledge, workflows, and supervisor support–into one customizable workspace.Make it your own: RTG3 brings everything agents need into one place, and lets them make it their own. Agents can customize their layouts, pin what they use most, and personalize the look and feel of their workspace. Every agent can create a workspace that fits the way they work. If it works the way agents have longed for and they can personalize it, agents will use it.

Available and ready to use now

RTG3 is available now and free to existing Balto agent assist customers, with an implementation Balto describes as fast and low lift. Balto’s team stays involved through implementation and beyond, helping teams prepare documents so AI can read them accurately and connecting knowledge databases so agents can query the full knowledge base from inside Balto.

Customers are already seeing incredible results with a Health Insurance brokerage call discovery rose from below 20% to roughly 51%, with an approximate 10% increase in sales as RTG3 usage grew and a Home Improvement company’s new hire ramp to estimate certification dropped from about 90 days to 30.

Learn more about Balto Agent Assist.

About Balto

Balto is the #1 rated agent assist, QA automation, and agentic insights platform for contact centers, wrapped into a single platform where humans and AI work together. Founded in 2017, Balto was the first company to bring agent assist to market and has since deployed it across more than 300 customers and 500 million interactions. Balto is backed by Telescope Partners and Vista Equity Partners. Learn more at balto.ai

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SOURCE Balto Software, Inc.

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S&P Dow Jones Indices and Kaiko Introduce S&P Kaiko Digital Asset Indices

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New co-branded suite brings both companies’ crypto index offerings onto a single platform

NEW YORK, Sept. 1, 2026 /PRNewswire/ — S&P Dow Jones Indices (“S&P DJI”), the world’s leading index provider and Kaiko, the global independent leader in digital asset market data, indices, and data infrastructure, today announced the combined digital asset index offerings under a single co-branded suite: S&P Kaiko Digital Asset Indices.

With this release, Kaiko’s digital asset reference rates and multi-asset indices, together with S&P DJI’s existing crypto indices, will be rebranded under the S&P Kaiko name. The suite is powered by Kaiko’s crypto-native data infrastructure and market expertise, with S&P DJI providing global licensing, distribution and benchmark administration.

With institutional participation in digital assets growing, asset managers, ETF issuers, exchanges and structured product providers increasingly require benchmarks that combine robust data, transparent methodologies, trusted governance and global distribution. The S&P Kaiko Digital Asset Indices are designed to meet that demand by pairing S&P DJI’s institutional benchmark expertise with Kaiko’s 24/7 digital asset data platform and exchange connectivity.

“Together, S&P DJI and Kaiko are raising the standard for digital asset benchmarks. As the asset class matures, institutional investors need indices defined by transparency, rigor and market relevance. This suite combines the trusted S&P brand with Kaiko’s crypto-native data infrastructure and market expertise, purpose-built for global, 24/7 digital asset markets,” said Cameron Drinkwater, Chief Product & Operations Officer at S&P Dow Jones Indices.

The S&P Kaiko Digital Asset Indices suite will operate on a single platform built on Kaiko’s technology stack, with S&P DJI’s benchmark administration, licensing and distribution infrastructure integrated into its commercial operations. S&P DJI brings decades of index governance experience, global licensing capabilities and benchmark administrator status under the EU Benchmarks Regulation, aligned with the IOSCO Principles for Financial Benchmarks. Kaiko will provide data sourcing and calculation through its crypto market expertise, connectivity to 150+ exchanges and round-the-clock infrastructure, as well as index methodology support.

At launch, the S&P Kaiko suite covers over 4000 rates and indices across the digital asset class. Existing financial products benchmarked to Kaiko reference rates and multi-asset indices – including exchange-traded products, futures, options and structured products – will be able to leverage the new S&P Kaiko brand.

“S&P DJI and Kaiko bring what digital asset markets have been missing: a globally trusted benchmark brand paired with crypto-native infrastructure built for 24/7 markets. S&P Kaiko Digital Asset Indices gives institutions the credibility, distribution and data precision they need to participate in this asset class with confidence,” said Ambre Soubiran, CEO at Kaiko. 

To learn more about the S&P Kaiko Digital Asset Indices visit here.

For additional information about Kaiko’s data infrastructure, indices, and pricing solutions, visit kaiko.com. Kaiko Indices, S.A., as a legal entity, will retain its existing brand and BMR registration.

ABOUT S&P DOW JONES INDICES 

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit: www.spglobal.com/spdji.

ABOUT KAIKO

Kaiko provides regulated data services for onchain finance. Founded in 2014, the company delivers institutional-grade digital asset market data, analytics, indices, and data infrastructure for tokenized and traditional markets. Its clients include banks, asset managers, exchanges, and leading financial institutions worldwide. Kaiko’s data and infrastructure support trading, valuation, risk management, tokenized assets, and onchain applications, connecting traditional and blockchain-based markets. For more information, visit: kaiko.com.

FOR MORE INFORMATION: 

Silke McGuinness 
Global Head of Communications, S&P DJI
(+1) 415-205-8414
silke.mcguinness@spglobal.com

Victoria Calmon
Kaiko
Editorial & Communications Manager
press@kaiko.com

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SOURCE S&P Dow Jones Indices

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AirDNA Launches Adapt, the AI-Native Revenue Management System for Short-Term Rental Operators

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DENVER, Sept. 1, 2026 /PRNewswire/ — AirDNA, the leading provider of short-term rental (STR) data and analytics, today launched AirDNA Adapt, adding revenue management to its product stack for STR hosts and property managers. Built with AI at its core rather than layered onto a traditional rules-based pricing model, Adapt weighs each listing’s full competitive landscape using data from the 15 million listings AirDNA tracks, then sets nightly rates and minimum stays with a clear rationale for every rate.

Adapt was built in response to feedback from thousands of STR hosts surfacing a recurring industry challenge: operators often can’t tell whether their pricing is working or understand why a rate has changed. More than 14,000 listings were connected to Adapt during private and public betas, which kept operator feedback at the center of product development.

“Pricing a property shouldn’t require translating your strategy into dozens of rules and settings,” said Rohit Bezewada, CEO of AirDNA. “We built Adapt around a simpler approach: operators set the strategy, and Adapt handles the complexity underneath. We believe operators should always be able to understand what the system is doing and why, in plain language they can act on.”

Key features include:

Daily dynamic pricing: Nightly rates and minimum stays adjust as market and booking conditions change, with local event detection built inUnlimited comp-sets: Auto-built, editable comp sets with historical and forward-looking performance benchmarks, plus a daily comp calendar comparing rates, minimum stays, and availabilityFour pricing strategies: Operators set the goal, whether revenue, occupancy, a balance of the two, or steadier earnings from earlier bookings, and Adapt sets the underlying pricing rules to match, all adjustablePerformance dashboard: Tracks actual booked revenue, ADR, RevPAR, occupancy, and length of stay, benchmarked against the listing’s history and comp set, with up to two years of historical performanceAI assistant: Explains why any given rate was set, tests alternative scenarios, and applies pricing changes with operator approval

“Good pricing starts with understanding what a property is competing against, and most operators are working with a partial view of their market,” said Jamie Lane, AirDNA’s Chief Economist. “We’ve spent twelve years building the full picture, which Adapt now puts to work on every pricing decision.”

Adapt is available today at AirDNA.co/adapt and is free to connect, with integrations for Airbnb, Guesty, Hostaway, Hospitable, OwnerRez, and Uplisting, and more integrations coming in 2026.

Adapt Media Kit

About AirDNA

AirDNA is a global authority on short-term rental data and intelligence for hosts, property managers, investors, real estate professionals, and destinations worldwide, covering 15 million listings across Airbnb, Vrbo, and Booking.com in 120,000 markets globally. AirDNA provides the data, analytics, and tools to understand market and competitive performance, identify and underwrite investment opportunities, and optimize pricing and revenue, supporting smarter decisions in any market or economic climate.

airdna.co 

Media Contact

Chloé Garlaschi

Sr. Communications Manager, AirDNA

press@airdna.co

(720) 372-2318

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SOURCE AirDNA

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