North America E-commerce Market Size & Outlook, 2023-2030
The e-commerce market in North America is expected to reach a projected revenue of US$ 20,947.2 million by 2030. A compound annual growth rate of 15.7% is expected of North America e-commerce market from 2024 to 2030.
Revenue, 2023 (US$M)
$7,548.5
Forecast, 2030 (US$M)
$20,947.2
CAGR, 2024 - 2030
15.7%
Report Coverage
North America
North America e-commerce market, 2018-2030 (US$M)
Related Markets
North America e-commerce market highlights
- The North America e-commerce market generated a revenue of USD 7,548.5 million in 2023.
- The market is expected to grow at a CAGR of 15.7% from 2024 to 2030.
- In terms of segment, intermediary-oriented was the largest revenue generating deployment model in 2023.
- Intermediary-oriented is the most lucrative deployment model segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 7,548.5 million |
| Market revenue in 2030 | USD 20,947.2 million |
| Growth rate | 15.7% (CAGR from 2023 to 2030) |
| Largest segment | Intermediary-oriented |
| Fastest growing segment | Intermediary-oriented |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Supplier-oriented, Buyer-oriented, Intermediary-oriented |
| Key market players worldwide | Amazon.com Inc, Alibaba Group Holding Ltd ADR, ASOS PLC ADR, Costco Wholesale Corp, DangDang.com, EBay Inc, Flipkart, JD.com Inc ADR, MercadoLibre Inc, Shopify Inc Registered Shs -A- Subord Vtg, Sea Ltd ADR, Walmart Inc, Wayfair Inc Class A, Zalando SE |
Other key industry trends
- In terms of revenue, North America region accounted for 40.4% of the global e-commerce market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 853.3 million by 2030.
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E-Commerce Market Scope
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North America e-commerce market size, by country, 2018-2030 (US$M)
North America E-Commerce Market Outlook Share, 2023 & 2030 (US$M)
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