GLOBAL E-COMMERCE IS THE FUTURE
Since 2014, global ecommerce has risen from $1.3 trillion to $3.5 trillion.
By 2021, global ecommerce is forecast to be $4.97 trillion – almost a 400% increase in seven years.
57% of shoppers make purchases from overseas retailers.
North America ($552.6 billion) is second to Asia ($831.7 billion) in total ecommerce sales with China the largest (and quickest growing) single market.
Globally, credit cards remain the most popular form of payment; but debit cards, digital payment systems, direct debits, and even cash on delivery are more popular in developing markets like India and China.
It is estimated that there will be 1.92 billion global digital buyers by 2020, with ecommerce sales expected to account for 13.7 percent of retail sales worldwide.
Source: acquireconvert.com statista.com