Fab.com’s Continuous Transformation

An IBISWorld research report published earlier this year pegs the US home goods market which includes furnishings, furniture, and décor products to be worth $30 billion this year. The industry is estimated to have grown 2% annually over the period 2009 through 2014. While the industry is dominated by the traditional brick and mortar stores, the online sector is gradually establishing its presence. Analysts estimate that a mere 6% of the market is currently catered to by e-commerce.

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Flipkart Looking at Alibaba as a Role Model

Nomura’s India Internet Research Report released last month projects the Indian e-commerce market to grow from $10 billion to $43 billion in the next five years. Other researchers estimate the Indian e-commerce market to grow to $76 billion by the year 2020. Within the market, Accel Partners estimates that revenues from marketplace revenues or product sales will grow from $2 billion in 2013 to $8.5 billion in 2016. The rapidly growing market is attracting a lot of interest with multi-billion dollar investments being made in the country. Recently, India’s e-tail giant, Flipkart received funding of $1 billion and Amazon also announced plans to invest $2 billion to capture a bigger share in the Indian market.

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E-Tailer Etsy’s Unique Marketplace

The online marketplace is not only an easy place to find run of the mill stuff, but with vendors like Etsy around, buyers can also scout for one-of-a-kind products with ease. Founded in 2005, DUMBO, Brooklyn-based Etsy, is a leading e-tailer in handmade and vintage products. Here is a quick view into their rapid growth.

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Fashion E-Tailer JustFab Subscribes its Way to the Billion Dollar Club

According to a Forrester release, US e-commerce sales are projected to grow from $294 billion in 2014 to $414 billion by the year 2018 at a compound annual growth rate of 9.5% between 2013 and 2018. However, that market still has a long way to grow considering that the total retail market in the country is $3 trillion.

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Integration Platform MuleSoft Records Spectacular Growth

UK-based Juniper research, in their report Cloud Computing – Enterprise Markets: SaaS, PaaS & IaaS, 2014-2018, estimates the global cloud computing market to be worth $90.7 billion by the year 2018. Within cloud computing, Software-as-a-Service (SaaS) market is expected to grow from $23.2 billion in 2013 to $53 billion by the year 2018.

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The Unstoppable Alibaba Set To Go Public Soon

Today, China is the single largest e-commerce market in the world. Analysts estimate that by 2015, China’s e-commerce market will be worth $540 billion and by 2020, the country’s e-commerce market will be more than that of the US, the UK, Japan, Germany, and France put together. This remarkable growth is driven by the Chinese government’s ambitions of connecting 85% of their population to a 3G or 4G mobile Internet connection by the year 2020.

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E-Commerce Home Goods Store One Kings Lane In IPO Pipeline

The niche US home goods market has a long way to go. Market reports suggest that the industry has a mere 6% Internet penetration in the country. However, things are improving with e-commerce companies like Wayfair.com, One Kings Lane, and Fab.com bringing the home goods market to the consumers in a way not available earlier.

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E-Commerce Jeweler Blue Nile Struggling to Grow

A report by Euromonitor International estimated the US jewelry market to have recovered to $59.1 billion last year. The market is finally back to pre-recessionary conditions and is projected to grow another 14% by the year 2018. The market remains highly fragmented with no single retailer commanding more than a 6% market share, suggesting a big opportunity for growth and consolidation. Recently, Signet Jewelers acquired Zale Corporation, sparking interest in other jewelry companies.

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E-Commerce Home Goods Store Wayfair Files for IPO

According to Euromonitor International, the US home goods market is expected to grow 2.5% annually over the period 2013 to 2023 to be worth $297 billion in 2023. Researchers also estimate that the current US home market has very limited online penetration with a mere 7% of the sales being made through this channel. Boston-based Wayfair is trying to make a difference in this online market.

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Acquisition Spree in Online Travel

According to recent reports, the US online travel market was estimated to be worth $157 billion in 2013. PhoCusWright estimates that online adoption of travel services will continue to increase in the US from 41% in 2012 to 43% by 2015. An eMarketer report published earlier this year pegs the US online travel market to grow 5.9% over the period 2012 through 2017, much lower than the 20% rate projected for China. Little wonder then that the online travel market leaders are investing in alternate businesses and international markets.

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