E-commerce

Top 30 Global Companies in E-commerce Market 2025: Strategic Overview and Future Trends (2024–2035)

RELEASE DATE: Oct 2025 Author: Spherical Insights
According to a research report published by Spherical Insights & Consulting, The Global E-commerce Market Size is projected to Grow from USD 29.43 Trillion in 2024 to USD 249.45 Trillion by 2035, at a CAGR of 21.45% during the forecast period of 2025–2035.

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Description

According to a research report published by Spherical Insights & Consulting, The Global E-commerce Market Size is projected to Grow from USD 29.43 Trillion in 2024 to USD 249.45 Trillion by 2035, at a CAGR of 21.45% during the forecast period of 2025–2035.  The market is accelerating due to changing consumer habits, increased internet usage, and the broad use of smartphones. Shoppers are improving their digital offers as a result of the growing need for convenience, faster delivery, and the option to customize their shopping experiences.

 

Introduction

Online purchasing and selling of goods and services is known as e-commerce. Websites, online marketplaces, and social media are examples of digital platforms that both individuals and businesses can use to sell products and services, gather customer data, and process payments.

 

The government is investigating e-commerce platform operators, including Flipkart, Amazon, Blinkit, and Zepto, for raising the cost of specific goods even after GST 2.0 implemented broad rate reductions on September 22, 2025. The central government has placed e-commerce platforms under stringent surveillance to ensure that the benefits of tax cuts actually reach consumers. The E-Commerce Laws of 2025 state that India is strengthening platform accountability, data privacy, and consumer rights.

 

 It is anticipated that the widespread deployment of 5G networks will improve mobile e-commerce. By the end of 2025, 3.5 billion 5G subscriptions are anticipated, which will enable e-commerce platforms to communicate with customers more efficiently and complete transactions faster.

 

With a GDP per capita of about $15,000 and a 6.2% increase in service consumption in 2024, China is driving a shift toward experience-driven online commerce.

 

The Government e-Marketplace (GeM) crossed a GMV of Rs. 5 lakh crore (US$58.5 billion) in FY25, achieving the feat 18 days before year-end. Services led the growth, contributing 62% Rs. 2.54 lakh crore (US$29.7 billion), while. products made up 38% to Rs. 1.55 lakh crore (US$18.1 billion).

 

Government programs such as the BharatNet Project, the Jan Dhan Yojana, and the implementation of the Goods & Services Tax (GST) have been instrumental in forming India's digital economy. A trillion-dollar internet economy is what the Indian government hopes to establish by 2025 with its "Digital India" push.

 

locating online stores that are excellent at launching new products. With regard to the introduction of new brands in 2022, the grocery giant Carrefour led the digital platform, followed by NTUC FairPrice and Promo Farma.

 

Navigate Future Markets with Confidence: Insights from Spherical Insights LLP

The insights presented in this blog are derived from comprehensive market research conducted by Spherical Insights LLP, a trusted advisory partner to leading global enterprises. Backed by in-depth data analysis, expert forecasting, and industry-specific intelligence, our reports empower decision-makers to identify strategic growth opportunities in fast-evolving sectors. Clients seeking detailed market segmentation, competitive landscapes, regional outlooks, and future investment trends will find immense value in the full report. By leveraging our research, businesses can make informed decisions, gain a competitive edge, and stay ahead in the transition toward sustainable and profitable solutions. The increased propensity for online shopping and rising internet penetration worldwide are likely to fuel significant growth in the online stores/e-commerce market in the upcoming years.

 

Unlock exclusive market insights-Download the Brochure now and dive deeper into the future of the Global E-commerce Market.

 

Global E-commerce Market Size & Statistics

  • The Market Size for global e-commerce was estimated to be worth USD 29.43 Trillion in 2024.
  • The Market Size is Going to Expand at a CAGR of 21.45% between 2025 and 2035.
  • The Global E-commerce Market Size is anticipated to reach USD 249.45 Trillion by 2035.
  • Asia Pacific is expected to generate the highest demand during the forecast period in the Global E-commerce Market
  • North America is expected to grow the fastest during the forecast period in the Global E-commerce Market.

Global E-commerce Market

Regional growth and demand

Asia Pacific is expected to grow the largest during the forecast period in the Global E-commerce Market.

The Asia-Pacific area dominated the e-commerce market in 2024, accounting for almost 45.7% of the market.  With a significant market share, China makes the largest contribution within the area. More than 400 million 5G connections, or just over 14% of all mobile connections, will be in place by 2025, per the GSMA's 2022 report, "Mobile Economy Asia Pacific." As UPI payments become more widely accepted and broadband becomes more affordable, India adds double-digit growth, while Korea and Japan leverage near-perfect logistics dependability to propel premium category penetration.

 

North America is expected to generate the fastest demand during the forecast period in the global e-commerce market. The existence of significant e-commerce giants such as Amazon, Walmart, eBay, and others, along with well-established digital infrastructures, is driving industry expansion in the region. Canada's innovative payment practices are the foundation of its strong growth. As digital wallet adoption approaches mainstream levels, retailers are compelled to accommodate multi-rail checkout orchestration due to Gen-Z's demand for BNPL.

 

Top 10 Trends in the Global E-commerce Market

  1. Personalization of Shopping Experience
  2. Adoption of Sustainability
  3. Artificial Intelligence (AI)-Powered Features
  4. Internet Access and Logistics Expansion
  5. Changing Consumer Behavior Favoring Online Shopping
  6. Omnichannel Integration Enhancing Customer Experience
  7. Mobile Commerce Boosted by Secure Digital Payments
  8. Creating security and transparency with blockchain.
  9. Turning up the volume with voice search.
  10. Chat marketing humanizes the digital experience.

 

1. Personalization of Shopping Experience

As consumer preferences change, there is an increasing need for experience customization in the e-commerce industry. E-commerce businesses should focus on using cutting-edge technologies like artificial intelligence and machine learning to better understand their customers and provide them with a highly personalized experience in order to maximize their commercial potential.

 

2. Adoption of Sustainability

If e-commerce companies wish to stay relevant over time, sustainability must be their top priority. Consumers are increasingly demanding sustainable products and environmentally friendly packaging. E-commerce companies are responding by adopting green practices, such as carbon-neutral delivery and reducing plastic usage, to attract environmentally conscious consumers.

 

3. Artificial Intelligence (AI)-Powered Features

AI-driven insights are improving the sales experience for customers while also offering greater insight into market trends. The growing use of virtual fitting rooms, which use AI algorithms to enhance fit quality and the shopping experience, is one notable development.

 

4. Internet Access and Logistics Expansion

The increasing usage of smartphones, high-speed internet connections, and evolving digital payment methods has made it much simpler for consumers worldwide to shop from international e-commerce platforms, which is driving the market's growth.

 

5. Changing Consumer Behavior Favoring Online Shopping

Consumers are gradually switching to online purchasing because they value the accessibility, speed, and ease these platforms offer. The retail environment is evolving as a result of online channels surpassing conventional stores in many places. Mobile apps, customized recommendations, and flexible delivery options all add to this appeal.

 

Empower your strategic planning:

Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the Global E-commerce Market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.

 

Top 30 Companies Leading the Global E-commerce Market

  1. Amazon
  2. Apple
  3. eBay
  4. Walmart
  5. Flipkart
  6. Mercado Libre
  7. Shopify
  8. Etsy
  9. IndiaMART
  10. Nykaa
  11. Snapdeal
  12. Myntra
  13. Target
  14. Rakuten
  15. Coupang Inc.
  16. FirstCry
  17. Meesho
  18. Meta
  19. Swiggy
  20. Amazon India
  21. Alibaba
  22. Sea
  23. Jd.com
  24. Pinduoduo
  25. Lazada
  26. Shopee
  27. Dangdang
  28. ASOS
  29. Zalando
  30. Wayfair LLC
  31. Others

 

1. Amazon

Headquarters:  Seattle, Washington, and Arlington, Virginia, U.S.

Amazon's headquarters are in Seattle, Washington, and Arlington, Virginia, U.S. It is an American multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. Initially operating as an online book marketplace, the company progressively broadened its product offerings to encompass a variety of product categories, earning the moniker "everything store." By 2023, it will be the biggest online marketplace and retailer in the world. Among the various product categories sold on Amazon.com are media, clothing, infant supplies, consumer electronics, cosmetics, groceries, personal care and health items, jewelry, and more.

 

2. Apple

Headquarters: California, United States

Apple's headquarters is in California, United States. It is an American multinational corporation and technology company. It is most well-known for its services, software, and consumer gadgets. Apple Inc. announced in 2025 that it would invest more than $500 billion in the US over the next four years, marking its greatest investment program to date. The iOS operating system powers Apple's smartphone lineup, which includes the iPhone. Advertising in the App Store and Apple News app, the AppleCare+ extended warranty plan, the cloud-based data storage service iCloud+, payment services via the Apple Card credit card and the Apple Pay processing platform, and digital content services like Apple Books, Apple Fitness+, Apple Music, Apple News+, Apple TV+, and the iTunes Store are just a few of the many services that Apple provides. 

 

3. eBay

Headquarters: San Jose, California, United States

eBay headquarters in San Jose, California, United States. It is an American multinational e-commerce company. This enables consumers in 190 global markets to purchase or view products through retail sales on websites and online marketplaces. People, businesses, and governments can buy and sell nearly any legal, non-controversial goods on eBay. After every transaction, buyers and sellers can evaluate and rate one another, creating a reputation system. Both websites and mobile apps are available for the eBay service.

 

4. Walmart

Headquarters: Bentonville, Arkansas, United States

Walmart is headquartered in Bentonville, Arkansas, United States. It is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores in the US and 23 other countries. The most prominent firm in the world is Walmart. With 2.1 million workers, Walmart is also the biggest private employer globally. The business declared in August 2024 that managers would receive up to $20,000 in stock grants. To facilitate employee stock purchases, Walmart announced a 3-1 stock split.

 

5. Flipkart

Headquarters: Bengaluru, Karnataka, India

Flipkart's headquarters are in Bengaluru, Karnataka, India, and it is incorporated in Singapore as a private limited company. It is an Indian e-commerce company. The business first concentrated on selling books online before branching out into other product categories like fashion, consumer electronics, food, home goods, and lifestyle items. Amazon India and local rival Snapdeal are the service's main rivals. In the Indian e-commerce market as of FY23, Flipkart has a 48% market share.

 

Are you ready to discover more about the Global E-commerce Market?

The report provides an in-depth analysis of the leading companies operating in the Global E-commerce Market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:

 

Company Profiles

1. Amazon

1. Business Overview

  1. Company Snapshot
  2. Products Overview
  3. Company Market Share Analysis
  4. Company Coverage Portfolio
  5. Financial Analysis
  6. Recent Developments
  7. Merger and Acquisitions
  8. SWOT Analysis

2.  Apple

3.  eBay

4.  Walmart

5.  Flipkart

6.  Mercado Libre

7.  Shopify

8.  Etsy

9.  IndiaMART

10.  Nykaa

11.  Snapdeal

12.  Myntra

13.  Target

14.  Rakuten

15.  Coupang Inc.

16.  FirstCry

17.  Meesho

18.  Meta

19.  Swiggy

20.  Amazon India

21.  Alibaba

22.  Sea

23.  Jd.com

24.  Pinduoduo

25.  Lazada

26.  Shopee

27.  Dangdang

28.  ASOS

29.  Zalando

30.  Wayfair LLC

31.  Others

 

Conclusion

The Global E-commerce Market Size is driven by the growing usage of smartphones and the internet, as well as the changing needs of consumers for convenience and customization. Through digital programs and laws that strengthen e-commerce infrastructure and safeguard consumer rights, governments in nations like China and India are promoting this growth. By facilitating quicker transactions and more efficient consumer interaction, the broad deployment of 5G networks and developments in AI will further quicken market expansion.  Asia Pacific holds the largest growing market in e-commerce, and North America is the fastest growing market in e-commerce.

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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