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Global e-commerce sales exceed USD 1 trillion in 2012 - report

Wednesday 6 February 2013 09:19 CET | News

Global e-commerce sales have exceeded USD 1 trillion in 2012, driven by growth in the North America and the Asia-Pacific region, a recent study indicates.

According to a survey by market research firm eMarketer, North America sales have increased by 13.9 percent year-on-year reaching USD 365 billion and Asia-Pacific sales have risen by 33 percent to about USD 332 billion.

The same source shows that while North America currently leads the way in e-commerce sales, this will change in 2013. eMarketer predicts that North America sales will grow at a slightly lower rate of 12.2 percent in 2013 to USD 409 billion. Asia-Pacific sales, on the other hand, will grow by 30 percent to USD 433 billion.

Results point out that the US will continue to have the highest e-commerce sales of any country at least through 2016. eMarketer estimates that the US e-commerce sales will grow from USD 343 billion in 2012 to USD 385 billion in 2013, more than double the sales of China, which is expected to grow to USD 182 billion in 2013 from USD 110 billion in 2012.
 


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Keywords: e-commerce, US, China, online sales, eMarketer
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce