Product Code: IRTNTR70208
Abstract
The online auction market is forecasted to grow by USD 3,076.64 mn during 2023-2028, accelerating at a CAGR of 12.36% during the forecast period. The report on the online auction market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by shift in preference for online auctions from conventional auction model, ease of bidding in online auctions, and rise in online auctioning of government surplus assets.
Market Scope |
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 10.27% |
CAGR | 12.36% |
Incremental Value | $3076.64mn |
Technavio's online auction market is segmented as below:
By Product
- Collectibles
- Electronics
- Artistic goods
- Jewelry
- Others
By Platform
- Web-based
- Application-based
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the emergence of ai-based online auctions as one of the prime reasons driving the online auction market growth during the next few years. Also, growing participation by overseas buyers and increase in popularity of online auctioning of advertising space will lead to sizable demand in the market.
The report on the online auction market covers the following areas:
- Online auction market sizing
- Online auction market forecast
- Online auction market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading online auction market vendors that include A One Salasar Pvt. Ltd, Auction House UK Ltd., Auction Technology Group Plc, BCL Auction, Biddingo.com, Bonanza Portfolio Ltd., Catawiki BV, eBay Inc., eBid Ltd., eCRATER, Invaluable LLC, John Pye and Sons Ltd., Liquidity Services Inc., SDL Auctions Ltd., Sothebys, UKauctioneers.com, U.S. Auction Online, Webstore.com, Williams and Williams Marketing Services Inc., and Wilsons Auctions Ltd.. Also, the online auction market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary - Chart on Market Overview
- Exhibit 02: Executive Summary - Data Table on Market Overview
- Exhibit 03: Executive Summary - Chart on Global Market Characteristics
- Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
- Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary - Chart on Market Segmentation by Platform
- Exhibit 07: Executive Summary - Chart on Incremental Growth
- Exhibit 08: Executive Summary - Data Table on Incremental Growth
- Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global online auction market 2018 - 2022
- Exhibit 18: Historic Market Size - Data Table on global online auction market 2018 - 2022 ($ million)
- 4.2 Product Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ million)
- 4.3 Platform Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size - Platform Segment 2018 - 2022 ($ million)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
- 6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product
- 6.3 Collectibles - Market size and forecast 2023-2028
- Exhibit 34: Chart on Collectibles - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on Collectibles - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on Collectibles - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Collectibles - Year-over-year growth 2023-2028 (%)
- 6.4 Electronics - Market size and forecast 2023-2028
- Exhibit 38: Chart on Electronics - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on Electronics - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on Electronics - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Electronics - Year-over-year growth 2023-2028 (%)
- 6.5 Artistic goods - Market size and forecast 2023-2028
- Exhibit 42: Chart on Artistic goods - Market size and forecast 2023-2028 ($ million)
- Exhibit 43: Data Table on Artistic goods - Market size and forecast 2023-2028 ($ million)
- Exhibit 44: Chart on Artistic goods - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Artistic goods - Year-over-year growth 2023-2028 (%)
- 6.6 Jewelry - Market size and forecast 2023-2028
- Exhibit 46: Chart on Jewelry - Market size and forecast 2023-2028 ($ million)
- Exhibit 47: Data Table on Jewelry - Market size and forecast 2023-2028 ($ million)
- Exhibit 48: Chart on Jewelry - Year-over-year growth 2023-2028 (%)
- Exhibit 49: Data Table on Jewelry - Year-over-year growth 2023-2028 (%)
- 6.7 Others - Market size and forecast 2023-2028
- Exhibit 50: Chart on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 51: Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 52: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 53: Data Table on Others - Year-over-year growth 2023-2028 (%)
- 6.8 Market opportunity by Product
- Exhibit 54: Market opportunity by Product ($ million)
- Exhibit 55: Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by Platform
- 7.1 Market segments
- Exhibit 56: Chart on Platform - Market share 2023-2028 (%)
- Exhibit 57: Data Table on Platform - Market share 2023-2028 (%)
- 7.2 Comparison by Platform
- Exhibit 58: Chart on Comparison by Platform
- Exhibit 59: Data Table on Comparison by Platform
- 7.3 Web-based - Market size and forecast 2023-2028
- Exhibit 60: Chart on Web-based - Market size and forecast 2023-2028 ($ million)
- Exhibit 61: Data Table on Web-based - Market size and forecast 2023-2028 ($ million)
- Exhibit 62: Chart on Web-based - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Web-based - Year-over-year growth 2023-2028 (%)
- 7.4 Application-based - Market size and forecast 2023-2028
- Exhibit 64: Chart on Application-based - Market size and forecast 2023-2028 ($ million)
- Exhibit 65: Data Table on Application-based - Market size and forecast 2023-2028 ($ million)
- Exhibit 66: Chart on Application-based - Year-over-year growth 2023-2028 (%)
- Exhibit 67: Data Table on Application-based - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by Platform
- Exhibit 68: Market opportunity by Platform ($ million)
- Exhibit 69: Data Table on Market opportunity by Platform ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
- Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 73: Chart on Geographic comparison
- Exhibit 74: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 APAC - Market size and forecast 2023-2028
- Exhibit 83: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 UK - Market size and forecast 2023-2028
- Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.11 Germany - Market size and forecast 2023-2028
- Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.12 Japan - Market size and forecast 2023-2028
- Exhibit 111: Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 112: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 113: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 114: Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity By Geographical Landscape
- Exhibit 115: Market opportunity By Geographical Landscape ($ million)
- Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 117: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 119: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 120: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 121: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 122: Matrix on vendor position and classification
- 12.3 A One Salasar Pvt. Ltd
- Exhibit 123: A One Salasar Pvt. Ltd - Overview
- Exhibit 124: A One Salasar Pvt. Ltd - Product / Service
- Exhibit 125: A One Salasar Pvt. Ltd - Key offerings
- 12.4 Auction House UK Ltd.
- Exhibit 126: Auction House UK Ltd. - Overview
- Exhibit 127: Auction House UK Ltd. - Product / Service
- Exhibit 128: Auction House UK Ltd. - Key offerings
- 12.5 Auction Technology Group Plc
- Exhibit 129: Auction Technology Group Plc - Overview
- Exhibit 130: Auction Technology Group Plc - Business segments
- Exhibit 131: Auction Technology Group Plc - Key offerings
- Exhibit 132: Auction Technology Group Plc - Segment focus
- 12.6 BCL Auction
- Exhibit 133: BCL Auction - Overview
- Exhibit 134: BCL Auction - Product / Service
- Exhibit 135: BCL Auction - Key offerings
- 12.7 Biddingo.com
- Exhibit 136: Biddingo.com - Overview
- Exhibit 137: Biddingo.com - Product / Service
- Exhibit 138: Biddingo.com - Key offerings
- 12.8 Bonanza Portfolio Ltd.
- Exhibit 139: Bonanza Portfolio Ltd. - Overview
- Exhibit 140: Bonanza Portfolio Ltd. - Product / Service
- Exhibit 141: Bonanza Portfolio Ltd. - Key offerings
- 12.9 Catawiki BV
- Exhibit 142: Catawiki BV - Overview
- Exhibit 143: Catawiki BV - Product / Service
- Exhibit 144: Catawiki BV - Key offerings
- 12.10 eBay Inc.
- Exhibit 145: eBay Inc. - Overview
- Exhibit 146: eBay Inc. - Product / Service
- Exhibit 147: eBay Inc. - Key news
- Exhibit 148: eBay Inc. - Key offerings
- 12.11 eBid Ltd.
- Exhibit 149: eBid Ltd. - Overview
- Exhibit 150: eBid Ltd. - Product / Service
- Exhibit 151: eBid Ltd. - Key offerings
- 12.12 eCRATER
- Exhibit 152: eCRATER - Overview
- Exhibit 153: eCRATER - Product / Service
- Exhibit 154: eCRATER - Key offerings
- 12.13 Invaluable LLC
- Exhibit 155: Invaluable LLC - Overview
- Exhibit 156: Invaluable LLC - Product / Service
- Exhibit 157: Invaluable LLC - Key offerings
- 12.14 John Pye and Sons Ltd.
- Exhibit 158: John Pye and Sons Ltd. - Overview
- Exhibit 159: John Pye and Sons Ltd. - Product / Service
- Exhibit 160: John Pye and Sons Ltd. - Key offerings
- 12.15 Liquidity Services Inc.
- Exhibit 161: Liquidity Services Inc. - Overview
- Exhibit 162: Liquidity Services Inc. - Business segments
- Exhibit 163: Liquidity Services Inc. - Key offerings
- Exhibit 164: Liquidity Services Inc. - Segment focus
- 12.16 Webstore.com
- Exhibit 165: Webstore.com - Overview
- Exhibit 166: Webstore.com - Product / Service
- Exhibit 167: Webstore.com - Key offerings
- 12.17 Williams and Williams Marketing Services Inc.
- Exhibit 168: Williams and Williams Marketing Services Inc. - Overview
- Exhibit 169: Williams and Williams Marketing Services Inc. - Product / Service
- Exhibit 170: Williams and Williams Marketing Services Inc. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 171: Inclusions checklist
- Exhibit 172: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 173: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 174: Research methodology
- Exhibit 175: Validation techniques employed for market sizing
- Exhibit 176: Information sources
- 13.5 List of abbreviations
- Exhibit 177: List of abbreviations