Industry Based E-commerce Statistics and Forecast from Statista
Industry Based E-commerce Statistics and Forecast from Statista > According to Statista
In 2013, statistics show global e-retail sales amounted to 839.8 billion U.S. dollars. Projections show a growth of up to 1.5 trillion U.S. dollars by 2018. North America is currently the largest regional market for online shopping. With sales worth some 126 billion U.S. dollars reported in 2013, more than double the amount in 2008.
The Asia and Oceania region is also becoming strong, especially due to China’s economic boom, with an estimated eight fold increase in sales between 2008 and 2018. On the other hand, according to statistics, the unprecedented worldwide B2C e-commerce sales growth is expected. Global B2C e-commerce sales grew 19 percent compared to the previous year in 2013, but in 2018 forecast expect growth of only 10 percent. In Europe, the United Kingdom is by far the largest market for B2C e-commerce, with a turnover of 107 billion Euros in 2013, twice the amount of the second ranked, France.
Also the mobile shopping has been on the rise, with customers increasingly using their mobile devices online shopping. According to a 2015 study regarding mobile shopping penetration worldwide, 46 percent of internet users in the Asia Pacific region purchased whether smartphone or tablet computer. When and 20 percent of those in North America had purchased products via a mobile device. When asked whether mobile phones will become the main tool for purchasing goods in the future, some 9 percent of respondents in a survey strongly agreed. Opinions, however, differed according to region and country, where shoppers Denmark and Belgium rather disagreed. But those in China and India agreed the most. M-commerce sales in India have accounted for 11 percent of total retail sales in 2014 and were expected to grow to 25 percent by 2017, while in China, mobile online retail sales have grown by some 450 percent between 2010 and 2011 and are expected to continue growing in the future, although at much lower rates.
E-commerce Shopping Habits
E-commerce Shopping Habits >> Gender shopping from smartphones is nearly equal, according to Business Insider. Men shop from their handsets 22% of time as compared to women, who shop on the gadgets 18% of the time. Oddly enough, the tablet is the most valuable device for conversions, says Adobe, with consumers buying three times as often from a tablet over a smartphone. What’s more, tablet shoppers will spend 50% more than desktop users on a purchase.
Interestingly enough, one in four online shoppers is 54 or older, says Business Insider, narrowing the gap between generational spending. But, the report also inflects that men between the ages of 18-34 are the most likely demographic to make an online purchase, followed by males between the ages of 35 and 64, and females between the ages of 18 and 34, and females between the ages of 35 and 64.
E-commerce orders in 2016-Q2, by devices ( US Dollars)
In 2016 Q-2 still traditional way of online shopping is the first but tablet users is going to catch them.This statistic provides information on the average order value of online shopping orders worldwide in the second quarter of 2016, differentiated by the type of device from which the order was made. During that quarter, online orders which were placed from a smartphone had an average value of 82.65 U.S. dollars.
2015 Global Retail E-commerce Index
In markets big and small, retail e-commerce is maintaining its impressive growth.
The 2015 Global Retail E-Commerce Index highlights the big and the small: the countries that are always going to be e-commerce behemoths because of their size, and the smaller yet still-promising markets where potential matters more than size.
This dichotomy plays out in the results of this year’s Index: The world’s largest markets for e-commerce dominate the top half of the top 30, led by the United States, China, and the United Kingdom (see figure 1). In the bottom half are some smaller markets, such as Mexico, whose potential for growth is impossible to ignore.
Factors that Effects Buying Decisions of the Customers
We want mention 3 factors that effect the customer’s buying decisions.
1- Online Reviews : According to a new survey conducted by Dimensional Research, an overwhelming 90 percent of respondents who recalled reading online reviews claimed that positive online reviews influenced buying decisions, while 86 percent said
buying decisions were influenced by negative online reviews.
2-Positive User Experience on a Site :
- free shipping
- easy returns
- customer reviews
- visual search
- excellent navigation
- easy checkout
3- Stay Active on Social Media : There are other things you can do on your end to positively influence buying decisions. Because many people listen to what their friends say about products and companies on social media, it’s important to not only get on social media, but to be active on social media.