Online Auction Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR70208
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The online auction market value is projected to grow by $ 1.61 bn at a CAGR of 8.92% during 2021-2025.

The online auction market report extensively covers market segmentations by Product (Collectibles, Electronics, Artistic goods, Jewelry, and Others) and Geography (North America, Europe, APAC, South America, and MEA) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Online Auction Market Size be in 2021?

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Online Auction Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The ease of bidding is notably driving the online auction market growth, although factors such as rise in shill bidding during online auctions may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the online auction market get your FREE report sample now.

This post-pandemic online auction market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Online Auction Market Vendors?

The online auction market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles covered in the report are as follows:

  • A One Salasar Pvt. Ltd.
  • Auction House UK Ltd.
  • Auction Network
  • Auction Technology Group
  • Biddingo.com
  • Bonanza Portfolio Ltd.
  • Catawiki BV
  • eBay Inc.
  • eBid Ltd.
  • Webstore.com

From our Porter’s five forces analysis study, get detailed insights on the functional involvement of the buyers and suppliers to form well-rounded knowledge about the supply chain and create cost reduction plans. The online auction market analysis report also contains exhaustive observation on the organic and inorganic growth strategies deployed by the vendors. Click here to uncover details of successful business strategies adopted by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the online auction market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Online Auction Market?

Online Auction Market Share by Geography

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The online auction market size, share, & trends analysis report offers an up-to-date study of the geographical composition of the market. 41% of the market’s growth will originate from North America during the forecast period. US, China, UK, France, and Germany are the key markets for online auction market in North America.

North America has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in North America is drivers.2.lower. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Online Auction Market?

Online Auction Market Share by Product

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The online auction market share growth by the __ segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the online auction market size. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment.

Online Auction Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8.92%

Market growth 2021-2025

$ 1.61 billion

Market structure

Fragmented

YoY growth (%)

7.23

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 41%

Key consumer countries

US, China, UK, France, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

A One Salasar Pvt. Ltd., Auction House UK Ltd., Auction Network, Auction Technology Group, Biddingo.com, Bonanza Portfolio Ltd., Catawiki BV, eBay Inc., eBid Ltd., and Webstore.com

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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What are the Key Factors Covered in this Online Auction Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive online auction market growth during the next five years
  • Precise estimation of the online auction market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the online auction market across North America, Europe, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of online auction market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Collectibles - Market size and forecast 2020-2025
    • Electronics - Market size and forecast 2020-2025
    • Artistic goods - Market size and forecast 2020-2025
    • Jewelry - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer Landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Competitive landscape
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • A One Salasar Pvt. Ltd.
      • Auction House UK Ltd.
      • Auction Network
      • Auction Technology Group
      • Biddingo.com
      • Bonanza Portfolio Ltd.
      • Catawiki BV
      • eBay Inc.
      • eBid Ltd.
      • Webstore.com

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The online auction market growth will increase by $1618.14 million during 2020-2025.
      The online auction market is expected to grow at a CAGR of 8.92% during 2020-2025.
      Technavio has segmented the online auction market by product (Collectibles, Electronics, Artistic goods, Jewelry, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
      A One Salasar Pvt. Ltd., Auction House UK Ltd., Auction Network, Auction Technology Group, Biddingo.com, Bonanza Portfolio Ltd., Catawiki BV, eBay Inc., eBid Ltd., Webstore.com are a few of the key vendors in the online auction market.
      North America will register the highest growth rate of 40.86% among the other regions. Therefore, the online auction market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the online auction market growth are:
      • Shift in preference toward online auctioning from conventional auctioning
      The online auction market vendors should focus on grabbing business opportunities from the collectibles segment as it accounted for the largest market share in the base year.
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