10 papers analyzed
These studies suggest that e-commerce is a rapidly growing global market that revolutionizes business interactions, offers cost-effective methods for transactions, and faces challenges such as logistics and consumer security.
Electronic commerce (e-commerce) refers to the buying and selling of goods, services, and information over electronic systems such as the internet. It has revolutionized traditional business models by enabling transactions to be conducted online, thus reducing geographic barriers and increasing market reach. This synthesis explores the key insights from various research papers on the topic of e-commerce.
E-commerce Infrastructure and Technologies:
Evolution and Growth:
Business Models and Marketplaces:
Geographic and Economic Impact:
Challenges and Opportunities:
E-commerce has transformed the way businesses operate by leveraging internet technologies to facilitate transactions and reduce geographic barriers. The industry continues to grow, driven by advancements in technology and increasing consumer adoption. However, challenges such as logistics and security need to be addressed to sustain this growth. The evolution towards social commerce and the significant impact on developing economies highlight the dynamic nature of e-commerce and its potential for future development.
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