Across the Board

Blog on e-business and online payments.

Crisis? Not in the e-commerce industry

GlobeWhen I am reading news from the e-commerce industry, regardless of the country or the continent, it seems that it’s the only sector of the economy where crisis is not as noticeable. Hell, one might even say it’s actually… non-existent!

Let’s have a look at several news from The Paypers:

Europe

The e-commerce market in Greece is expected to surpass EUR 5 billion over the next years, a recent study has unveiled.

In 2011, the Italian online retail sector has increased 20 percent, registering a value in excess of EUR 8 billion, recent research has unveiled.

UK online shoppers have spent more than GBP 3,370 in 2011, a recent survey has unveiled.

Poland is expected to register the fastest growth in European e-commerce in 2012, with a 24 percent increase as compared to the European average of 16.1 percent.

 

Asia

The Indian e-commerce market is expected to reach USD 260 billion by 2025, a recent survey has unveiled.

E-commerce sales in China have increased by 66 percent in 2011, reaching USD 124 billion, a recent study has unveiled.

China aims to double the value of its e-commerce sales by the end of 2015, a recent document released by the Ministry of Industry and IT has unveiled.

In Jordan, e-commerce spending has reached USD 370 million in 2011, up by 92 percent year-over-year, a recent report has unveiled.

 

South America

Online commerce in Brazil has amounted to more than USD 11 billion in 2011, up 26 percent over the previous year, recent findings have revealed.

 

North America

In the third quarter of 2011, US e-commerce sales have reached USD 48.24 billion, up by 13.7 percent from USD 42.42 billion registered during the corresponding period of 2010

In Q1 2012, US online retail spending reached USD 44.3 billion, up 17 percent year-over-year, according to statistics released by comScore, a source of digital business analytics.

 

Australia

Online shopping will expectedly take up 6.3 percent of total retail sales in 2012 in Australia, according to a recent survey.

 

Globally

Globally, consumer interest in online shopping is on the rise, with an increasing percentage of consumers intending to make purchases via the internet for categories such as clothing, food and entertainment, a recent study unveils.

 

Is this not great? Truly impressive.

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Experienced executive, people-oriented leader, doer, entrepreneur. CEO at PayLane. Business educator on KarolZielinski.com. Also on Twitter.

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