By now, both offline and online retailers have seen the writing on the wall: the continued emergence of new technologies (particularly in the mobile space), as well as new digital commerce channels and platforms have lead Ecommerce growth to far outpace that of brick-and-mortar stores.
While it’s unlikely that online shopping will overtake offline shopping anytime soon, the fact that Ecommerce growth continues to gobble up percentages of total purchases made sends a strong signal to just about anyone with something to sell: make your products available for purchase online, or fall behind.
To further illustrate the growth of Ecommerce, the friendly folks at TrackingCourier.com have shared a recent infographic they have produced. The infographic highlights some interests points regarding international Ecommerce growth, opportunities, and challenges. Here are a few key points:
- 3 of the top 6 Ecommerce websites are based in China.
- The global Ecommerce market is expected to top $2 billion by 2019.
- While the U.S. Ecommerce market is fairly saturated, places like Myanmar, Brazil, and India represent new opportunties for Ecommerce retailers.
- Challenges of sustained Ecommerce growth include established, big-name Ecommerce shops like Amazon and Ali Baba, a lack of data to drive accurate market evaluations, and regional economic policies that make Ecommerce growth difficult.