Leading the Global Ecommerce Market
China’s reputation for being a giant in the manufacturing industry has also seen immense growth in the ecommerce world.
China’s ecommerce sales are set to grow nearly 64% in 2014 — leaps and bounds higher than any other country in the world.
Global business-to-consumer (B2C) ecommerce sales will hit $1.5 trillion this year, which is a 20.1% increase from 2013, according to eMarketer’s latest forecast.
Created by Statista, the following chart shows 10 selected countries and their ecommerce sales growth. It shows that China’s sales are expected to grow twice as much as India, and more than five times as much as the U.S.