Onliane Sports Retailing Market 2017-2021

Overview of the global online sports retailing market

Market research analysts at Technavio predict that the global online sports retailing market will grow steadily at a CAGR of close to 4% by 2021. Owing to the high penetration of internet services, improved economy, and the upgradation of purchase and delivery options, there is an increasing preference for shopping through smart devices. Additionally, the emergence of m-commerce and the focus of e-commerce platforms towards providing detailed information on products including quality, safety measures, and user guidance to the consumers, also drives the preference of consumers towards online shopping. According to this market research and analysis, this rise in online spending will be one of the major factors that will have a positive influence on the growth of the online sports retailing market.

There is a rising trend for purchasing consumer electronics online and this is mainly due to the increasing emphasis on mobile commerce. Due to the increasing popularity of shopping through mobile devices, the coming years will witness a significant increase in online retail sales. Furthermore, the increased security features for online payments, free delivery, improved online customer services, and the customer-friendly designs of shopping websites, also contribute to the growth of the m-commerce market. This rising emphasis on mobile commerce will be one of the major trends that will gain traction in the online sports retailing market during the next few years.

Competitive landscape and key vendors