The global e-commerce book examines the top 10 e-commerce markets worldwide, compiling information on key demographic features, mobile commerce, major shopping days, industry growth projections, cross-border commerce, and much more.
Read the following points to gain an overview of this:
- ranks number 1 of countries in global e-commerce, as over 40% of the total worldwide e-commerce spend came from China in 2015.
- The total e-commerce revenue in China totaled $672 billion in 2015.
- Online shopping via mobile devices achieved $333 billion in sales in 2015 with an increase of 85% from 2014, and also e-commerce sales in China are expected to reach $1.6 trillion by 2018.
The United States of America:
- ranks number 2 of countries in global e-commerce in 2015 with $349 billion global e-commerce revenue.
- Mobile commerce sales in the USA totaled $75 billion in 2015 or 22% of all online retail sales, and e-commerce is expected to reach $482 billion by 2018.
- 73% of USA online shoppers prefer credit and debit cards as methods of payment.
The United Kingdom
- ranks number 3 of countries in global e-commerce in 2015 with $99 billion global e-commerce revenue, and it is expected to total nearly $114 billion, or 18% of the country’s total retail sales.
- The UK achieved impressive growth in mobile-based buying, reached over $28 billion in sales in 2015.
- Black Friday is the major shopping day in the UK, as e-commerce spending grew by 259% in 2015, making it the largest UK e-commerce holiday.
The United Arab Emirates:
- achieved $2.3 billion in e-commerce revenue in 2015 and it’s expected to hit $4 billion in online sales by 2020 to be the largest e-commerce market share in the combined the Middle East and Africa region.
- Nearly 39% of UAE shoppers utilize credit cards when buying online, with the most popular payment option being cash on delivery (51%).
Figure Shows The eCommerce Rank, Population Density and Demographics.