Country Online retail growth rate (2023) 1. Mexico 25.1% 2. Philippines 24.1% 3. Malaysia 18.0% 4. Argentina 17.0% 5. Brazil 15.4% 6. India 15.0% 7. Russia 14.0% 8. Japan 12.7% 9. Vietnam 12.0% 10. China 11.4% In which parts of the world is ecommerce experienci...
mobile devices, mobile commerce (m-commerce) has emerged as a significant driver of online retail growth in Indonesia. According to the Information and Communications Technology Ministry, Indonesia is billed as the next big market in m-commerce after China and India, with an annual growth of 50...
In 2022, the food sector had the largest growth rate of all ecommerce sectors, with estimated revenue of around $244 billion (an increase of $16 billion on 2021). (Source: Dash.) Social media ecommerce statistics Social ecommerce refers to the selling and promotion of ecommerce products ...
As e-commerce transforms India’s economy and industry, achieving sustainability will be vital to keeping and accelerating the country’s growth. Share 31 October 2022 • 8 min read E-commerce has turned into one of India’s biggest trade stories. After reaching USD 46.2 billion (EUR ...
Although eCommerce does not amount largely to India’s GDP, it has been showing confident signs of growth over the years. In 2016, the e-commerce industry amounted to 0.71% of the total GDP of the country and it grew to 0.76% in 2017. The same grew to 0.9% in 2018. ...
The Asia-Pacific region sees the most growth in ecommerce sales, with the Philippines and Indiacontributing the most ecommerce activity. This is mainly due to the larger population distribution in the region, which would naturally result in higher levels of economic activity. ...
Pent-up demand and reopening will be key drivers of the online travel space for the next few years, the report found. China’s online recruitment space is also going strong, with the market projected to post an 18% compound annual growth rate between 2022 and 2025. ...
India: The Growing Ecommerce GiantIndia is one of the high growth developing countries set to make major gains in the near future. One of the booming sectors in India is ecommerce, set to hit $56 billion within ten years.However, India poses a unique challenge to businesses wishing to ...
What is the outlook for total retail, ecommerce, and mcommerce sales worldwide in 2022? Which countries and regions will lead the world in ecommerce growth this year, and which will stagnate? How many new buyers will come online this year, and where can retailers find them? WHAT’S IN ...
She added that this growth from the semi-urban areas means that marketers don’t have to fight for a share of the pie. “I take a lot of pride in saying this. The pie itself is getting bigger in the country and so it's not a question of fighting for it, it's a question...