Automotive E-Commerce Market Is Expected to Grow at a CAGR of 6.87% by 2023
The global automotive e-commerce market is a very dynamic market and is expected to witness high growth over the forecast period. The growth of automotive e-commerce market is influenced by the aging vehicle fleet, digitization of channels and interfaces, growth of global e-commerce industry and higher price transparency & greater diversity of parts. Identification of the damaged parts and installation of the parts that have been purchased online, are expected to hinder the growth of the automotive e-commerce market.
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