Emerging markets lead world in B2C E-Commerce growth rates says new report from yStats.com
The latest report from market research organization yStats.com, "Global B2C E-Commerce Market 2016," provides a comprehensive review of the current state and prospects of online retail worldwide
The emerging markets in Asia-Pacific and the Middle East and Africa are among the developing nations showing rapid recent growth yet retaining high potential for further adoption of B2C E-Commerce. With the growth of online retail in emerging markets adding to the substantial market size of the established markets, global sales are projected to pass one trillion US dollars this year, according to various sources cited in the yStats.com publication.
One of the keys to the rapid growth of online retail in emerging markets is Internet connectivity. The number of Internet users in Africa has grown at a 3 digit percentage rate, according to the yStats.com findings. There is still much room for upward growth as Internet penetration and online shopping adoption rates in Africa, Latin America and some emerging regions of Asia are far below those of the leading markets such as Germany, UK and South Korea.
The yStats.com publication also presents information about trends in B2C E-Commerce, such as M-Commerce, social media shopping, omnichannel shopping and online purchases across national borders. The leading products in online shopping around the globe as well as the leading online merchants are revealed. While there are local and regional leaders, the report names Amazon.com, Apple Inc. and JD.com as global leaders in direct B2C E-Commerce sales.
For further information, see: https://www.ystats.com/...
yStats.com GmbH & Co. KG
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.