The global Online Auction Market was valued at USD 2154.8 Million in 2022.
The Online Auction Market is expected to grow at a CAGR of 13.00% between 2023 and 2030, reaching USD 5728.4Million in 2030.
In 2022, Consumer goods and art and collectibles have the biggest market share and are the most dominant.
Blockchain technology is currently in high demand.
Specialized auction platforms are the fastest growing segment of the online auction market.