7 Emerging Ecommerce Markets [Infographic]
Friday, August 16, 2013
The eCommerce world is developing rapidly and ebusinesses are faced with the challenge to keep up with the quickening pace of the global economy. The world’s eCommerce sales are getting near $1.3 trillion in 2013, with the strong growth in the Asia-Pacific, European and Latin America regions. The U.S. is steadily losing its position of leadership in the eCommerce industry. Companies, seeking new paths to grow, are changing their global expansion strategies according to the recent trends of worldwide electronic commerce. New developing markets, which remained out of sight of multinational eCommerce corporations during past years, are now hold the most potential for online business growth. However, international expansion can be risky. To be successful, it requires researching a country’s true eCommerce potential, along with taking into account regional business conditions and economic issues.
This inforgraphic shows the key characteristics of such emerging eCommerce markets as Russia, Brazil, China, France, Germany, Italy and Sweden.