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E-Commerce Market to Grow by USD 12.95 Trillion (2023-2027), Boosted by E-Commerce Platform Benefits – Report on AI Impact on Market Trends – Technavio

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NEW YORK, Feb. 11, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global e-commerce market size is estimated to grow by USD 12.95 trillion from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of almost 27.15% during the forecast period. Advantages of e-commerce platforms is driving market growth, with a trend towards enhancement of consumer experience through technologies. However, regulatory issues poses a challenge. Key market players include Alibaba Group Holding Ltd, Amazon.com Inc., Apple Inc., Best Buy Co. Inc., Costco Wholesale Corp., Ebates Performance Marketing Inc., eBay Inc., Flipkart Internet Pvt. Ltd., Groupon Inc., Inter IKEA Systems B.V., JD.com Inc., Lojas Americanas S.A., Otto GmbH and Co. KG, priceline.com LLC, Shopify Inc., The Home Depot Inc., Walmart Inc., Wayfair Inc., Zalando SE, and Etsy Inc..

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E-Commerce Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017 – 2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 27.15%

Market growth 2023-2027

USD 12951.56 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

26.6

Regional analysis

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

Performing market contribution

APAC at 48%

Key countries

US, China, Japan, Germany, and UK

Key companies profiled

Alibaba Group Holding Ltd, Amazon.com Inc., Apple Inc., Best Buy Co. Inc., Costco Wholesale Corp., Ebates Performance Marketing Inc., eBay Inc., Flipkart Internet Pvt. Ltd., Groupon Inc., Inter IKEA Systems B.V., JD.com Inc., Lojas Americanas S.A., Otto GmbH and Co. KG, priceline.com LLC, Shopify Inc., The Home Depot Inc., Walmart Inc., Wayfair Inc., Zalando SE, and Etsy Inc.

Market Driver

The E-Commerce Market is experiencing significant growth due to the increasing internet usage and smartphone adoption among the population. Digital content in travel and leisure, financial services, and other sectors is driving online browsing and purchasing. Established organizations and large enterprises are embracing e-tailing to expand their customer base. Technological awareness and connectivity are key factors in user experience. Online marketing tools like Google ads and Facebook ads, social media applications, and payment gateways from banks are essential for online businesses. Operational costs, inventory costs, and the adoption of vertical and specialized marketplaces are shaping the e-commerce landscape. The middle-class population’s increasing wealth and online purchasing power are boosting sales. Major e-commerce players like Bharat Craft, Alibaba, and MSMEs on GeM are leveraging the marketplace model and direct model to reach their audience. The rising internet penetration, consumer tastes, and the influence of social media are transforming online retail. Branded shopping apps, 5G Wi-Fi, social shopping, and emerging technologies like augmented reality and virtual reality are enhancing the customer experience. The future of e-commerce lies in the metaverse, where businesses can connect with their clients in virtual environments. 

E-commerce technology has advanced significantly, benefiting various sectors including home decor. Vendors integrate technologies like augmented reality (AR) and virtual reality (VR) to enhance customer experience. In May 2019, IKEA introduced a VR app, enabling users to virtually experience rooms with their products. Users input room dimensions and select items, viewing different colors and textures through their smartphones. This innovative approach allows consumers to make informed decisions before purchasing. 

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Market Challenges

The E-Commerce Market is experiencing significant growth, driven by the increasing internet population and the adoption of smartphones. Digital content in travel and leisure, financial services, and e-tailing are popular categories. Technological awareness and user experience are key challenges. Established organizations and large enterprises communicate with their internet-connected client base through online marketing tools like Google ads and Facebook ads. Infrastructure and operational costs are important considerations. The middle-class population is embracing online purchasing, using payment gateways provided by banks and retailers. Major e-commerce players like Bharat Craft and Alibaba dominate the market, with vertical and specialized marketplaces also gaining popularity. The rise of 5G Wi-Fi, social shopping, and augmented/virtual reality are future trends. MSMEs and the Government’s GeM platform are also contributing to the market’s growth.The e-commerce market faces several regulatory challenges that impact businesses worldwide. One issue is the inconsistency in laws and taxes across countries. For instance, developed nations like the US grapple with applying central and state taxes on e-commerce transactions, creating uncertainty. Similarly, less-developed countries have varying legal and tax regulations. Another challenge is domestic incorporation, where governments favor local e-commerce websites to stimulate employment and business growth. Consequently, international e-commerce companies must incorporate locally to access regional benefits. Moreover, each country has unique restrictions on sellable items, adding to the regulatory complexities.

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Segment Overview

This e-commerce market report extensively covers market segmentation by

ApplicationHome AppliancesFashion ProductsGroceriesBooksOthersTypeB2BB2CGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

1.1 Home appliances- The home appliances segment in the e-commerce market, consisting of consumer electronics, houseware, and kitchen appliances, is a matured sector with a declining growth rate. The primary challenge lies in the absence of a comprehensive logistics platform for delivering home appliances purchased online. In developing countries, logistical barriers pose significant hurdles. Despite this, home appliances will remain the largest revenue generator in the global e-commerce market due to the improving standard of living and the growing trend of upgrading homes. Two major factors fueling the segment’s growth are the increasing credibility of e-commerce brands and the preference for upgraded home appliances. Additionally, recycling initiatives have led to a 9% decrease in consumer-generated electronic waste in 2020. The IoT’s adoption in consumer electronics is expected to further decrease e-waste during the forecast period. However, many consumers still prefer purchasing home appliances from physical stores for a tactile experience. Consequently, online retailers are establishing showrooms to provide multichannel shopping experiences, combining the benefits of both online and offline shopping.

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Research Analysis

The e-commerce market is experiencing explosive growth, fueled by the smartphone-using population’s increasing adoption. With the proliferation of digital content, industries like travel and leisure, financial services, and e-tailing are thriving in this online space. Technological awareness and connectivity are key drivers, enabling users to browse and buy goods and services from anywhere, at any time. The user experience is paramount, with established organizations and large enterprises investing heavily in online marketing tools like Google ads and Facebook ads, as well as social media applications, to reach consumers. Buying and selling have never been easier, with operational costs and inventory costs reduced through the use of vertical and specialized marketplaces. Consumer wealth continues to grow, providing a lucrative opportunity for businesses to tap into. Infrastructure and communication are essential components, ensuring seamless transactions and timely delivery of goods and services.

Market Research Overview

The E-Commerce Market has experienced explosive growth, fueled by the smartphone-using population and their increasing digital content consumption. Travel and leisure, financial services, and other sectors have embraced e-tailing, driven by technological awareness and the adoption of smartphones. Connectivity and user experience are key factors in online shopping’s rapid adoption, with operational costs, inventory costs, and payment gateways becoming increasingly important. Established organizations and large enterprises dominate the market, utilizing online marketing tools like Google ads and Facebook ads, as well as social media applications. Vertical marketplaces and specialized marketplaces have emerged, offering niche products and services. The marketplace model and direct model coexist, catering to the middle-class population’s evolving needs. Social media, online purchasing, and communication have become integral to the e-commerce ecosystem, with banks and retailers collaborating to provide seamless payment solutions. The future of e-commerce is bright, with emerging technologies like 5G Wi-Fi, social shopping, augmented reality, virtual reality, and the metaverse set to revolutionize the industry. Bharat Craft and Alibaba are notable players, with MSMEs and the government’s GeM platform also making significant strides in the market.

Table of Contents:

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

ApplicationHome AppliancesFashion ProductsGroceriesBooksOthersTypeB2BB2CGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

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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JAMS Launches AI for Enterprise Job Scheduling: JAX and JAMS MCP, on the Model You Choose

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A new AI agent and an open-standard connector let IT teams query, diagnose, and manage automation in plain language, on the model they choose, with operational data staying inside their own network

LONDON, July 24, 2026 /PRNewswire/ — JAMS Software, an orchestration solution for scheduled and event-driven automation, today announced the general availability of two AI capabilities for enterprise job scheduling: JAX, an AI agent built into the JAMS Web Client, and JAMS MCP, a connector built on the open Model Context Protocol standard that brings JAMS into external AI coding tools. Both capabilities ship at no additional cost as part of JAMS Web.

Automation environments grow faster than the teams that run them. Jobs multiply across SQL Server, Azure Data Factory, Airflow, SAP, JDE, and Banner, and when one fails, finding the root cause often means searching several consoles at once, frequently outside business hours. At the same time, IT leaders carry pressure to adopt AI while staying accountable for where operational data goes. JAX and JAMS MCP close both gaps together.

Full details on how JAX and JAMS MCP work, including the control model behind every action, are available at jamsscheduler.com/product/ai.

JAX is an AI agent that runs inside the JAMS Web Client. It finds jobs, troubleshoots failures, and answers how-to questions in plain language, with each response grounded in the JAMS user guide and checked against a built-in glossary. JAX acts only when a user asks it to. Reads flow freely, and every write action pauses for the user’s explicit approval before it runs. JAX does not learn between sessions, and conversations are not retained on the server.

JAMS MCP is a connector, built on the open Model Context Protocol standard, that brings JAMS into the AI tools engineering teams already use, including Cursor, VS Code with Copilot, Claude Code, Claude Desktop, and Codex. Users query jobs, investigate failures, and manage runs in plain language without leaving their tool.

Both capabilities run inside the customer’s own network and act as the signed-in user, with that user’s exact JAMS permissions. There is no elevated AI account: whatever a user cannot do in the JAMS interface, JAX and JAMS MCP cannot do on that user’s behalf. Every JAX and MCP operation is recorded in its own dedicated log, and changes made through the JAMS API land in the JAMS audit trail like any other change. Customers choose their own AI model, whether a commercial provider such as OpenAI or Anthropic or a model running entirely on their own hardware, and JAMS never trains on customer data. In the current release, neither feature edits or deletes a job, folder, schedule, or agent definition. For teams that must keep operational data within a defined boundary, JAX runs on a local model entirely inside the customer’s own network, so nothing leaves at all.

“Adopting AI usually means giving something up, most often visibility into where your data goes,” said Pete Hegland, Chief Executive Officer of JAMS Software. “We built JAX and JAMS MCP so that trade does not have to happen. Every action runs as the signed-in user, every change waits for approval, and the model itself can run entirely inside your own network.”

“IT teams across the United Kingdom and EMEA tell us the same thing: they want the benefit of AI without losing sight of where their data goes,” said Greg McLaughlin, Account Executive for EMEA at JAMS Software. “JAX and JAMS MCP let them keep operational data inside their own network and still get answers in plain language. That combination is what makes this practical for the teams I work with.”

JAX and JAMS MCP are available now to all JAMS Web customers across the United Kingdom and EMEA, with no separate licence, SKU, or additional cost. AI-assisted creation of new jobs and workflows from a plain-language description is on the roadmap for a future release, gated by the same approvals and permissions as every other action.

Learn how JAX and JAMS MCP work at https://jamsscheduler.com/product/ai.

Fast facts

JAX is an AI agent built into the JAMS Web Client for job scheduling and workflow automation.JAMS MCP is a connector built on the open Model Context Protocol standard, for Cursor, VS Code with Copilot, Claude Code, Claude Desktop, and Codex.Both act as the signed-in user, with that user’s exact JAMS permissions, and there is no elevated AI account.Customers choose the AI model, including a local model that runs entirely inside their own network.JAMS never trains on customer data.Both are available now at no additional cost as part of JAMS Web.

About JAMS Software

Founded in 1987, JAMS Software is an orchestration solution that helps IT teams centralize, automate, and manage scheduled and event-driven jobs across complex, hybrid environments. Over 850 customers rely on JAMS to run their automated workloads. JAMS Software, LLC is headquartered at 108 Patriot Drive, Suite A, Middletown, DE 19709.

Media Contact
Bobby Schmidt, Vice President of Marketing
press@jamssoftware.com
800.261.4267

 

 

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Video: CNPC offers green chemical answer

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BEIJING, July 24, 2026 /PRNewswire/ — A news report from chinadaily.com.cn:

Located on the edge of the Taklamakan Desert in Northwest China’s Xinjiang Uygur autonomous region, the Tarim 1.2 MTA Phase II Ethylene Project and its supporting green and low-carbon demonstration facility of PetroChina Dushanzi Petrochemical Company, a subsidiary of China National Petroleum Corporation, are offering a new example of China’s low-carbon industrial transformation.

Watch the video to discover how CNPC is exploring a cleaner and more circular future for the industry.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/video-cnpc-offers-green-chemical-answer-302834036.html

SOURCE chinadaily.com.cn

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Shanghai Electric showcases embodied intelligence robot matrix and AI-native smart factory solutions at WAIC 2026

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Featuring humanoid robots with 41 degrees of freedom, pipe‑inspection robots with ±1mm positioning accuracy, and 51 industrial‑grade AI agents

SHANGHAI, July 24, 2026 /PRNewswire/ — Operations in high-end equipment manufacturing often involve confined spaces, complex objects, and fine manipulation tasks that demand sustained and stable precision. At the recent 2026 World Artificial Intelligence Conference and High-Level Meeting on Global AI Governance (WAIC 2026), Shanghai Electric (SEHK: 02727, SSE: 601727) showcased its comprehensive portfolio of embodied intelligence solutions tailored to a range of industrial scenarios.

Themed “AI for All: Smart Squad, Shining Without Limits,” Shanghai Electric highlighted its capabilities across embodied AI robots, robot core components, and AI-native smart factory solutions, demonstrating end-to-end capabilities spanning complete robot systems, critical parts, industrial software, and smart factory architecture.

“The true value of embodied intelligence lies in understanding real industrial tasks: combining the strength, precision, and stability of machines with human experience and judgment to drive a genuine paradigm of ‘machine-assisted, human-machine collaboration,'” said Wang Chunlei, deputy general manager of the Robotics Business Unit at Shanghai Electric Automation Group.

Shanghai Electric’s robotics portfolio covers five key industrial scenarios: connector insertion, electrical operations, flexible sorting, intelligent assembly, and pipe processing. Highlights include:

“SUYUAN” bipedal humanoid robot: With 41 degrees of freedom for enhanced mobility, it is equipped with a multimodal visual sensing system on the head and torso, along with a dual-battery hot-swap system. It is well-suited for inspection, material handling, and assembly tasks.”TUOYUAN” industrial wheeled humanoid robot: Powered by an embodied intelligence foundation model and force-position hybrid control, it is capable of multi-spec connector insertion, material sorting, and loading/unloading of automotive sheet metal parts.”Mermaid” bionic wheeled humanoid robot: Capable of autonomously identifying buttons, knobs, and air switches, it generates real-time operation paths.Autonomous pipe inner-wall chamfering robot: Designed for confined spaces, it can position and process thousands of hole edges with accuracy within 1 millimeter while transmitting data in real time.

Shanghai Electric also showcased its portfolio of core components ranging from power-output to end effectors. Among them, the planetary roller screw offers more than three times the load capacity of traditional ball screws, while the DexHand dexterous hand is designed to meet diverse gripping and manipulation requirements.

Shanghai Electric launched 51 AI models and agents under its “StarCloud Intelligent Manufacturing” series across three domains: R&D and design, production and manufacturing, and operations and maintenance—covering critical equipment processes such as process optimization and wind power facility maintenance.

These industrial agents are embedded in robotic decision-making systems and the operational logic of AI-native smart factories, transforming industrial expertise into digitized, reusable capabilities. They support production-line scheduling, quality inspection, and predictive maintenance, driving the evolution of manufacturing systems from experience-driven to data-driven operations.

Shanghai Electric also released the “AI-Native Smart Factory Technology White Paper,” proposing an active evolution architecture that enables real‑time, closed‑loop optimization of production data, giving the factory self‑perception, self‑decision, and self‑execution capabilities. Built on First Principles, the AI‑native smart factory vertically integrates process flows, industrial software, agents, and smart equipment to dismantle traditional hierarchies while horizontally bridging data silos. The architecture features three core layers: the AI factory brain as the “control center,” industrial agents and embodied robots as the “execution network,” and the physical twin as the “digital mirror.”

Leveraging its deep industrial expertise and comprehensive solution capabilities, Shanghai Electric will continue to drive the implementation of AI in industrial settings, tackle technical challenges facing embodied intelligence in complex scenarios, accelerate the large‑scale deployment of AI‑native smart factories, and deliver replicable solutions across diverse manufacturing environments.

SOURCE Shanghai Electric

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