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Shopping Application Market Size, Share & Trends Analysis Report By Marketplace (Google Play Store, Apple iOS Store), By Region (North America, Europe, Asia Pacific, Central & South Africa, Middle East & Africa), And Segment Forecasts, 2022 - 2028

May 2022 | 72 pages | ID: S03925CBE2CCEN
Grand View Research, Inc.

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Shopping Application Market Growth & Trends

The global shopping application market size is expected to reach USD 2.17 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 14.0% from 2022 to 2028. The market growth is attributed to the growing demand for hassle-free online grocery shopping across the globe. Real-time translation in multiple languages across the globe is bolstering the market growth.

The digital era had emerged across emerging economies such as China and India, which, in turn, is propelling the market growth. Moreover, a surge in the adoption of digital wallets in North America is propelling the market growth. FirstSiteGuide had reported that 61% of U.S. consumers buy their products online through several shopping apps.

Key players are focusing to provide a wide variety of app choices with certified user ratings to judge the product. The key players are offering a quick order recorder with an advanced user interface. Multiple companies are providing monthly shopping reminders to provide updated product catalogs. The evolution of AI-based features in shopping apps will boost the market growth.

The Apple iOS store marketplace segment will register the highest growth rate over the forecast period. This can be credited to the growing demand for secured operating systems from the consumers in the U.S. and the U.K. Faster access and lucrative user interference features are refueling the market growth. Cloud storage, automatic shopping app updates, and an access-pass to expert validated advice for shopping apps are expected to promote the market growth during the forecast period.

Asia Pacific held the largest revenue share of over 45.0% share in 2021 due to the rising demand for personal care products from consumers in China and India. The growing trend in China to adopt augmented reality-based shopping platforms is propelling the market growth. Product comparison features and multiple payment options will drive the market in India.

Shopping Application Market Report Highlights
  • Asia Pacific captured the largest revenue share of over 45.0% in 2021. This can be credited to the growing investment in the 3D product visualizations based shopping apps from the key players of China and India
  • The Google play store marketplace segment held the largest revenue share of over 55.0% in 2021. This can be credited to the rising demand for the certified authentic products from the consumers in the U.K. and the U.S. At present, several shopping apps available on the play store are providing certified products
  • The Apple iOS Store marketplace segment is projected to register the highest CAGR of 15.3% from 2022 to 2028. This can be attributed to the growing demand for multi-device enabled shopping services from consumers in developed economies such as the U.S. and France
  • Central and South America is projected to register the fastest CAGR of 17.7% from 2022 to 2028. Soaring demand for personalized shopping app in Brazil is estimated to escalate the market growth over the forecast period
CHAPTER 1 METHODOLOGY AND SCOPE

1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
1.4. List of Abbreviations

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Marketplace Outlook
2.3. Competitive Insights

CHAPTER 3. MARKET VARIABLES, TRENDS & SCOPE

3.1 Market Segmentation
3.2 Penetration & Growth Prospect Mapping
3.3 Value Chain Analysis
3.4 Market Dynamics
  3.4.1 Market Driver Analysis
  3.4.2 Market restraint Analysis
  3.4.3 Market Opportunities Analysis
3.5 Business Environment Analysis
  3.5.1 Porter’s Analysis
    3.5.1.1 Threat of new entrants
    3.5.1.2 Bargaining power of suppliers
    3.5.1.3 Bargaining power of buyers
    3.5.1.4 Threat of substitutes
    3.5.1.5 Competitive rivalry
  3.5.2 PESTLE Analysis
    3.5.2.1 Political Landscape
    3.5.2.2 Environmental Landscape
    3.5.2.3 Social Landscape
    3.5.2.4 Technology Landscape
    3.5.2.5 Economic Landscape
    3.5.2.6 Legal Landscape

CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS

4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Marketplace Adoption
4.4. Observations & Recommendations

CHAPTER 5. SHOPPING APP MARKET: MARKETPLACE ESTIMATES & TREND ANALYSIS

5.1. Marketplace Movement Analysis & Market Share, 2021 & 2028
5.2. Google Play Store
  5.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
5.3. Apple iOS Store
  5.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
5.4. Others
  5.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)

CHAPTER 6. SHOPPING APP MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

6.1. Regional Movement Analysis & Market Share, 2021 & 2028
6.2. North America
  6.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  6.2.2. Market Estimates and Forecast, By Marketplace, 2017 - 2028 (USD Million)
  6.2.3. U.S.
    6.2.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.2.3.2. Market Estimates and Forecast, By Marketplace, 2017 - 2028 (USD Million)
  6.2.4. Canada
    6.2.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.2.4.2. Market Estimates and Forecast, By Marketplace, 2017 - 2028 (USD Million)
6.3. Europe
  6.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  6.3.2. Market Estimates and Forecast, By Marketplace, 2017 - 2028 (USD Million)
  6.3.3. U.K.
    6.3.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.3.3.2. Market Estimates and Forecast, By Marketplace, 2017 - 2028 (USD Million)
  6.3.4. Germany
    6.3.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.3.4.2. Market Estimates and Forecast, By Marketplace, 2017 - 2028 (USD Million)
  6.3.5. France
    6.3.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.3.5.2. Market Estimates and Forecast, By Marketplace, 2017 - 2028 (USD Million)
6.4. Asia Pacific
  6.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  6.4.2. Market Estimates and Forecast, By Marketplace, 2017 - 2028 (USD Million)
  6.4.3. China
    6.4.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.4.3.2. Market Estimates and Forecast, By Marketplace, 2017 - 2028 (USD Million)
  6.4.4. India
    6.4.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.4.4.2. Market Estimates and Forecast, By Marketplace, 2017 - 2028 (USD Million)
  6.4.5. Japan
    6.4.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.4.5.2. Market Estimates and Forecast, By Marketplace, 2017 - 2028 (USD Million)
6.5. Central & South America
  6.5.1.Market Estimates and Forecast, 2017 - 2028 (USD Million)
  6.5.2. Market Estimates and Forecast, By Marketplace, 2017 - 2028 (USD Million)
  6.5.3. Brazil
    6.5.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.5.3.2. Market Estimates and Forecast, By Marketplace, 2017 - 2028 (USD Million)
  6.5.4. Argentina
    6.5.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.5.4.2. Market Estimates and Forecast, By Marketplace, 2017 - 2028 (USD Million
6.6. Middle East & Africa
  6.6.1.Market Estimates and Forecast, 2017 - 2028 (USD Million)
  6.6.2. Market Estimates and Forecast, By Marketplace, 2017 - 2028 (USD Million)
  6.6.3. Saudi Arabia
    6.6.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.6.3.2. Market Estimates and Forecast, By Marketplace, 2017 - 2028 (USD Million)
  6.6.4. South Africa
    6.6.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    6.6.4.2. Market Estimates and Forecast, By Marketplace, 2017 - 2028 (USD Million)

CHAPTER 7. COMPETITIVE ANALYSIS

7.1. Key global players, recent developments & their impact on the industry
7.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
7.3. Vendor Landscape
  7.3.1. Key company market share analysis, 2021

CHAPTER 8. COMPANY PROFILES

8.1. LimeRoad
  8.1.1. Company Overview
  8.1.2. Financial Performance
  8.1.3. Marketplace Benchmarking
  8.1.4. Strategic Initiatives
8.2. Lazada
  8.2.1. Company Overview
  8.2.2. Financial Performance
  8.2.3. Marketplace Benchmarking
  8.2.4. Strategic Initiatives
8.3. Tvisha Technologies
  8.3.1. Company Overview
  8.3.2. Financial Performance
  8.3.3. Marketplace Benchmarking
  8.3.4. Strategic Initiatives
8.4. ZALORA
  8.4.1. Company Overview
  8.4.2. Financial Performance
  8.4.3. Marketplace Benchmarking
  8.4.4. Strategic Initiatives
8.5. eBay
  8.5.1. Company Overview
  8.5.2. Financial Performance
  8.5.3. Marketplace Benchmarking
  8.5.4. Strategic Initiatives
8.6. Gearbest
  8.6.1. Company Overview
  8.6.2. Financial Performance
  8.6.3. Marketplace Benchmarking
  8.6.4. Strategic Initiatives
8.7. Tata Cliq
  8.7.1. Company Overview
  8.7.2. Financial Performance
  8.7.3. Marketplace Benchmarking
  8.7.4. Strategic Initiatives
8.8. Etsy
  8.8.1. Company Overview
  8.8.2. Financial Performance
  8.8.3. Marketplace Benchmarking
  8.8.4. Strategic Initiatives
8.9. Koovs
  8.9.1. Company Overview
  8.9.2. Financial Performance
  8.9.3. Marketplace Benchmarking
  8.9.4. Strategic Initiatives
8.10. AJIO
  8.10.1. Company Overview
  8.10.2. Financial Performance
  8.10.3. Marketplace Benchmarking
  8.10.4. Strategic Initiatives

LIST OF TABLES

1. Shopping App Market - Key Market Driver Analysis
2. Shopping App Market - Key Market Restraint Analysis
3. Global Shopping App Market Estimates and Forecast in Marketplace, 2017 - 2028 (USD Million)
4. North America Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
5. North America Shopping App Market Estimates and Forecast by Marketplace, 2017 - 2028 (USD Million)
6. U.S. Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
7. U.S. Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
8. Canada Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
9. Canada Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
10. Europe Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
11. Europe Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
12. U.K. Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
13. U.K. Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
14. Germany Shopping App Market Estimates and Forecast By, 2017 - 2028 (USD Million)
15. Germany Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
16. France Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
17. France Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
18. Rest of Europe Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
19. Rest of Europe Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
20. Asia Pacific Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
21. Asia Pacific Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
22. China Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
23. China Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
24. India Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
25. India Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
26. Japan Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
27. Japan Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
28. Rest of Asia Pacific Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
29. Rest of Asia Pacific Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
30. Central & South America Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
31. Central & South America Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
32. Brazil Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
33. Brazil Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
34. Argentina Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
35. Argentina Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
36. Rest of Central & South America Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
37. Rest of Central & South America Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
38. Middle East & Africa Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
39. Middle East & Africa Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
40. Saudi Arabia Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
41. Saudi Arabia Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
42. South Africa Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
43. South Africa Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
44. Rest of Middle East & Africa Shopping App Market Estimates and Forecast, 2017 - 2028 (USD Million)
45. Rest of Middle East & Africa Shopping App Market Estimates and Forecast By Marketplace, 2017 - 2028 (USD Million)
46. Vendor landscape

LIST OF FIGURES


List of Figures

1. Shopping App Market snapshot
2. Shopping App Market segmentation & scope
3. Shopping App Market penetration & growth prospect mapping
4. Shopping App Market value chain analysis
5. Shopping App Market dynamics
6. Shopping App Market Porter's analysis
7. Shopping App Market: Marketplace movement analysis
8. Shopping App Market: Regional movement analysis


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