The global T-commerce market is likely to derive growth from the increasing number of connected smart televisions in the market. According to a report by Fortune Business Insights, titled “T-Commerce Market Size, Share and Global Trend By Business Model (Premium and Subscriptions, Adware, E-commerce), By Platform (Smart Devices, Personal Computers, Gaming Consoles), By Industry Verticals (Retail, Education, Healthcare, IT & Telecom, Media and Entertainment), and Geography Forecast till 2026,” the market will expand considerably in the coming years with impetus from the rising uptake of cloud computation services across the world.
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Key Market Driver –
- Growth of Blockchain technology for online transactions
- Increasing use of cloud platform to store information online
- The rising rate of big data and artificial intelligence solutions
- Growing market of connected (smart) TV
Key Market Restraint –
- Regular updating of software
- The interdependent issue with respect to traditional technology
Top Players Overview:
- Dropbox Inc.
- Apple Inc.
- Amazon Inc.
- Evernote Corporation
- Hulu LLC.
- LinkedIn Corporation
- Microsoft Corporation
- Facebook Inc.
- Google Inc.
- Rakuten Inc.
- Twitter Inc.
- Fishtank OTT
- Yahoo Inc.
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T-commerce is a network that involves the implementation of interactive television to market, present, and order products over a common medium. The ability of T-commerce to cater to a wider audience through a single channel or network has led to a rising uptake among end-users across the world. T-commerce allows a bi-directional communication medium wherein customers can directly order from the products visible on the television. This leads to a reduction in time as well as eliminates the need to travel. There will be approximately 260 million connected smart televisions by the end of 2020. Such a high number of connected televisions will contribute to an increase in the global T-commerce market value in the coming years.
QVC’s Merger with Home Shopping Network Will Favor Market Growth
Increasing mergers and acquisitions are identified as a leading factor that has contributed to the growth of the global T-commerce market. The report identifies some of the leading strategies that T-commerce companies are adopting and studies the impact of these strategies on the global market. In 2017, QVC announced a merger with Home Shopping Network (HSN) in a deal reported to be around US$ 2 Bn. These companies have joined forces with the aim of standing up to the fierce market competition presented by e-commerce companies such as Amazon. Both these companies aim to build a strong network of home television shopping and this merger will is likely to have a positive impact on the global market. The report includes mergers and acquisitions similar to QVC and HSN’s latest deal and gauges the impact of such activities on the global T-commerce market.
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Key Segmental Overview:
- By Business Model
- Premium and Subscriptions
- By Platform
- Smart Devices
- Personal Computers
- Gaming Consoles
- By Industry Vertical
- IT & Telecom
- Media and Entertainment
- By Geography
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
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Major Table of Content For T-Commerce Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global T-Commerce Market Analysis, Insights and Forecast, 2026
- North America T-Commerce Market Analysis, Insights and Forecast, 2026
- Europe T-Commerce Market Analysis, Insights and Forecast, 2026
- Asia Pacific T-Commerce Market Analysis, Insights and Forecast, 2026
- The Middle East and Africa T-Commerce Market Analysis, Insights and Forecast, 2026
- Latin America T-Commerce Market Analysis, Insights and Forecast, 2026
- Competitive Landscape
- Company Profile
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