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Local Payments and Cross-Border eCommerce

Local Payments and Cross-Border eCommerce

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High-Growth Markets Report 2018

SUMMARY

This report examines the world’s fastest-growing eCommerce markets: Argentina, Malaysia, Singapore, China, India, Israel, Saudi Arabia, Vietnam, United Arab Emirates, Colombia, Philippines, Mexico, and Indonesia

The paper gives an overview of their current economic performance and discusses the state of the online marketplace, the drivers of e-commerce growth, and payment options preferred by local consumers. 

The document reveals that e-commerce represents 2.3% of the total retail sector in Argentina compared to nearly 7% globally. In Malaysia, Internet penetration is at 70% but online shopping is at 0.7%.

According to this study, Singaporean eCommerce is valued at $3.9 billion a year and is increasing 26% a year. On the other hand, Chinese e-commerce is increasing by 26.8% a year. Chinese online buyers most usually pay by E-wallet, the paper notes. Clothing, travel, and food are the most popular purchases among Chinese online consumers.

In India e-commerce is increasing by 27% a year and again popular purchase categories include travel, clothing, and food. Israeli online commerce is at present worth $3.6 billion, while in Vietnam the eCommerce market is valued at $2.6 billion a year and is increasing at a rate of 32%. The UAE is the region's leader in smartphone and Internet penetration, both above 90%, the document indicates. The paper also explains that eCommerce in Colombia is also experiencing significant growth while the market in the Philippines is growing at a 51% rate per year.

OUTLINE

Argentina

Malaysia

Singapore

China

India

Israel

Saudi Arabia

Vietnam

United Arab Emirates

Colombia

Philippines

Mexico

Indonesia

DETAILS

Overview

Researchfinder Rating
5 out of 5 stars
Title
Local Payments and Cross-Border eCommerce
Sub-Title
High-Growth Markets Report 2018
Region
Global
Published
July 1, 2018
Publisher
First Data
Price
FREE
Language
ENGLISH

Content

Number of Pages
42
Number of Tables
0
Number of Exhibits
26
Topics
e-commerce
Tags
cross-border ecommerce, ecommerce, ecommerce market growth, ecommerce market size, ecommerce trends, emerging markets, First Data, global, mobile, mobile commerce, online shopping
Companies mentioned
Amazon
Methodology
Not available.
EVALUATION

This report constitutes a great guide for businesses aiming to expand their e-commerce presence as it includes trends and data on the world’s fastest-growing e-commerce markets.

  • Appealing design 
  • Granular information per country
  • Good graphs
  • Quality data

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