As a country with the world’s second largest population, 1.3 billion people, Indian B2C E-Commerce is finally taking its stand on the world stage as one of the fastest growing E-Commerce markets in the world. India’s current one-digit percentage share of global E-Commerce sales could more than double by 2021.…
South Korea holds one of the most advanced B2C E-Commerce markets in terms of the online share of total retail sales in 2016, with a double-digit percentage, respectively. It is also the third largest online retail market in Asia and is projected to maintain that ranking through 2021, reducing the…
Though widely recognized for small-scale, emerging B2C E-Commerce, Southeast Asia is forecasted to experience robust, double-digit growth rates over the next several years. What’s more, this region is also expected to see a double-digit percentage increase in its share of global B2C E-Commerce sales by 2021. Boosted through developments in…
Though the Philippines has the second largest population in Southeast Asia, its E-Commerce market is still in the stages of infancy. As of 2016, it came in as the smallest online retail market in the region, with only a very small percentage of total sales coming from E-Commerce. Nevertheless, the…
Though the E-Commerce market in Indonesia is still in early stages of development, in terms of sales, this country’s online retail market is expected to grow the fastest and remain the largest in the region through 2025, however underdeveloped infrastructure is still posing a major barrier to further expansion. Amongst…
As the global online retail market continues to multiply, Japan, the fourth largest B2C E-Commerce market worldwide, is predicted to grow at small double-digit rates from 2015 to 2020, reflecting an overall increase in E-Commerce market sales in Japan. Furthermore, due to a growth in the smartphone penetration rate, M-Commerce…
The Middle East is in the spotlight of E-Commerce companies for its high growth potential. Even in the region’s largest E-Commerce market, the UAE, the online channel does not account for much more than a single percentage point of total retail sales. In Saudi Arabia the growth potential is even…