Automotive E-Commerce Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to automotive e-commerce market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Automotive E-Commerce Market News

  • In November 2022, Wipro launches automotive e-commerce cloud solution. In addition, Wipro partnered with ThreeKit 3D & Augmented Reality to provide an augmented reality component so buyers can visualize a virtual rendering of the automobile in their own driveway, the company said in a statement.
  • In February 2021, CarParts.com collaborated with Front Row Motorsports and McDowell (FRM) To increase interest in the sport and generate interaction, CarParts.com collaborated with Front Row Motorsports (FRM) and McDowell on a number of competitions, sweepstakes, promos, and other events.

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Automotive E-Commerce Market size was valued at USD 45.44 Billion in 2023 and is poised to grow from USD 53.39 Billion in 2024 to USD 227.93 Billion by 2032, growing at a CAGR of 17.5% during the forecast period (2025-2032).

'Amazon.com, Inc. ', 'Alibaba Group Holding Limited ', 'eBay Inc. ', 'Walmart ', 'O’Reilly Auto Parts ', 'AutoZone, Inc. ', 'Advance Auto Parts ', 'Delticom AG ', 'Bosch Auto Parts ', 'Flipkart Internet Private Limited ', 'CARiD ', 'Pep Boys ', 'RockAuto, LLC ', 'NAPA Auto Parts ', 'Tire Rack.com, Inc. ', 'U.S. Auto Parts Network Inc. ', 'JC Whitney ', 'AutoAnything, Inc. ', 'Arch Auto Parts ', 'Smart Parts Online Pvt. Ltd.'

Rapid development in the global automotive e-commerce market is driven by the rising demand for OEM technologies and car sales. The e-commerce business might help new and used car sales. E-commerce platforms are also becoming more and more popular as consumers become more aware of their marketing potential and appreciate how easy and quick, they are to use.

DIY installation guidelines through Video Tutorials: You can attract customers to your website if you want to connect with that expanding segment of the market. Some auto dealers have launched a YouTube channel for installation tutorial videos. You can also discuss the newest automotive models or inform readers about cutting-edge technologies. It's simple for DIYers to visit your parts website after watching YOUR how-to video. Imagine viewing a video on YouTube and then scrolling down to the description to see links to all the required auto parts.

Asia Pacific region held the greatest share in the automotive e-commerce market. This is mostly because it is the location of the world's largest automobile sector, which produces more than 50 million vehicles annually. It is greatly influenced by the soaring GDP and rising disposable income of people living in developing nations like China, India, and South Korea. These nations make significant contributions to increasing vehicle sales, which benefits the e-commerce automotive aftermarket.

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Global Automotive E-Commerce Market
Automotive E-Commerce Market

Report ID: SQSG25AG2003

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