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July 4, 2014

International Markets with Highest eCommerce Conversions

charting the ecommerce sales growth by nations

  1. Asia-Pacific is set  to  becomes the largest regional market in the world. Asian consumers will spent more on eCommerce purchases than North American for the first time this year.
  2. Business to consumer eCommerce sales will reach $525.2 billion this year, whereas in North America $482.6 billion.
  3. The U.S. and Canada accounted for 34.4% of all online sales in 2013; down from 35.9% in 2012.This share will decrease further in 2014, accounting for 32% of all commerce market.
  4. China's eCommerce sales are set to grow by 2 times  as compared  to  Indian eCommerce growth ,  and more than five times as much as the U.S.
  5. While eCommerce sales are set to grow by almost 64% in China, compared to 31% in India and 12% in US.he Asian growth Drivers will be led by  Asian emerging economies led by China and India with more than a 2.billion population
  6. However Indian growth story will be the biggest in the next 2  years  and set to become the no 1 internet economy powerhouse by 2015 .Boston Consulting Group predicts that  Indian online penetration will be  recording 300%  growth in  internet users  from 81 million currently ( as March 2013) to million (March 2015)