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Any press and partnership inquiries, please contact our team at: insights@ipricegroup.com. Both offline and online it is doing great. Well, e-commerce companies surely fit the bill. The two largest B2C e-commerce markets in the world, China and the United States, rank 55th and 12th respectively in the index. While retail sales dipped in 2020, e-commerce sales witnessed a surge. Top 25 Countries, Ranked by Retail Ecommerce Sales, 2015-2020 (billions) Description. Without a doubt, 2020 has been a bit crazy for all of us and for the e-commerce world too. Found inside Page 35 US by 2020 (World Bank Group 2019). China is among the global leaders in technologies such as telecommunications, e-commerce, artificial intelligence, In this article, the authors looked to three indices to determine how ready 42 countries were for socially distanced work: robustness of key platforms, such as e-commerce and digital media . Now it operates in 20 countries and hosts an average of more than 30,000 transactions per day, which makes it the second most visited e-commerce platform in France (behind Amazon). Report by Andrew Lipsman | Mar 10, 2020. When it comes to the Middle East, ecommerce sales are set to increase to more than $69 billion by 2020. Out of 188 best countries for investment in Ecommerce And Digital, New Zealand ranked No. In 2020 it is expected that spending per shopper in e-commerce will reach 1,530. Among the top 10 developing economies, Oman replaced Turkey. In terms of economic health, Netherlands bags the . Leading the way as the fastest growing brand in the ranking is China's equivalent to Amazon, Alibaba.com. Belgium had the lowest spend of the countries analyzed, with consumers spending. Download. significant increases in their rankings among the world's leading exporters and importers. After all, the global pandemic has forced many people to utilize e-commerce platforms to purchase essential goods. There are also increasing levels of trade between developing economies. The Japanese e-commerce company operates an online mall for big brands in Japan, but it also owns several e-commerce operations in other countries, including the U.S., France, Brazil, and the U.K . We look at 34 countries via a combination of facts and figures, interviews with industry experts, and case studies into such business-critical issues as Brexit and Covid-19. Omega rolled out its European e-commerce site which until 2020 was restricted to the US and UK. For sheer potential, Spain should rank highly on the watch lists of e-commerce merchants. THE World Rankings. In 2020, retail e-commerce sales in the United States amounted to 794.5 billion U.S. dollars and are projected to grow to 843.15 billion US dollars in 2021. January 25, 2017. Even with almost 90% of their online goods being imported from other countries, there is still a report of increasing profits in the e-commerce sector. Report. There was a notable reversal of fortune for services e -commerce companies, such as in ride hailing and travel. B2B's share of US digital ad spending jumped in 2020, but will it keep climbing? The US has the second highest number of cross-border online shoppers in the world - 82.72 million - although as a percentage of total online shoppers, it places significantly lower. Also, in Canada, the United States and 10 European nations, more than 70% of the adult population makes purchases online. In 2019 Germany was 5th ecommerce in the world with total revenue of $78.8 bn. 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Please find below the top 15 E-Commerce retailers in Europe from our E-commerce top 100 list, ranked by their online turnover (sales) generated in 2019. It even predicts that by 2025, global e-commerce retail . By 2018, the African e-commerce market is projected to soar to US$ 50 billion, from just US$ 8 billion in 2013. Top 10 economies in the UNCTAD B2C E-commerce Index 2020 2020 Rank Economy Share of individuals using the Internet (2019 or latest) Share of individuals with an account (15+, 2017) Secure Internet servers (normalized, 2019) UPU postal reliability score (2019 or latest) 2020 Index value) Index value change (2018-19 data) Rank 2019 1 Switzerland 97 98 92 97 95.9 0.6 2 2 Netherlands 96 100 94 93 . Found inside Page 36It goes up in the two output pillars, ranking in the top 20 in both: 15th in but also for areas such as remote work, distance education, e-commerce, From 2020 to 2021, an increase of 6.1 percent in ecommerce sales is projected. This growth is somewhat lower than the 14.2 percent increase of the European ecommerce in 2019. E-retail totaled over $4.2 trillion in 2020. "The only reason why China is not higher in the ranking is due to its immense population, meaning that penetration and mainstream adoption of cashless methods take longer than in smaller countries. Found inside Page 3 0 1985 1990 1995 2000 2005 2010 2015 2020 2025 203 0 2035 2040 2045 World More Project Global Smart City Performance Index 2017 E-commerce Capacity Even among G20 countries, the extent to which people shop online ranges from 3% in India to 87% in the United Kingdom.. Each category was equally weighted. 15 Merchants should therefore prioritize a strong app offering. Syria came bottom, at number 128. Executive Summary. The QS World University Rankings by Subject are compiled annually to help prospective students identify the leading universities in a particular subject. The country moved up two places among 193 nations, and it is aggressively improving its e-governance, aiming to be among the top four Southeast Asian nations by 2025. Africa's rising ecommerce market is presently worth more than $32 billion and is expected to reach $50 billion by this year. Found inside Page 29This study highlights that e-commerce is gaining importance across the sectors in has increased price transparency and price competition in the country. To determine the overall list, magazine surveyed over 120,000 CEOs, CFOs, CIOs, CTOs, other senior executives, and business leaders worldwide about 128 different countries and territories, measuring them on 5 different attributes, including market potential; skilled workforce and entrepreneurship; institutional framework and innovation; security and privacy; and Government Policies. Revealed: Richest Professional Golfers Of All Time. The 2020 index takes a closer look at the LAC region, which accounts for 9% of the worlds population aged 15 and older and as much as 11% of the world's internet users. The ranking of these 1662 universities from 99 countries is based on the learning environment (teaching), research, citations (research influence), international reputation and outlook (staff, students, and research), and industry income. Marketplaces with under 50,000 monthly visits have been excluded entirely and only websites with more than one million visits per month are listed (except for Africa). The only non-European economies among the top 10 are Singapore, ranked fourth, and Hong Kong (China) in the 10th position. Japan and Germany follow as the numbers 4 and 5 and a lot of European countries follow. North America may reach pre-Covid levels by early 2022, as . Table of Contents. In a process of recovery after years of economic strife, the country was back in growth pre-COVID-19, with unemployment declining. DESI 2020. Traffic to different domains for the same marketplace (e.g. The four largest increases in index scores were recorded in developing countries Algeria, Brazil, Ghana and Lao People's Democratic Republic, whose scores surged by at least five points, largely due to significant improvements in postal reliability. Found inside Page 1337As a result, Montenegro's ranking fell from 59 (2018) to 75 out of 193 countries in the UN 2020 e-Government Survey (United Nations, 2020 [145] ; United 2-5: Walmart Vaults Ahead of eBay to No. Otherwise, their businesses and people will miss out on the opportunities offered by the digital economy, and they will be less prepared to deal with various challenges, she added. The list is an offline file and purchase does not include . 1: Amazon Extends its Ecommerce Dominance. US ecommerce grew by over 40% in 2020. Found inside Page 59World Intellectual Property Organization (WIPO) released the Global Innovation Index 2020. According to the Index, what is the rank of India? Like previous years, more than two-thirds of countries score below 50 on this year's CPI, with an average score of just 43. Coming in fourth as the best European country to work for in 2020, Netherlands features an Economic Health rank of 2. The U.S. e-commerce market has experienced double-digit growth every year since 2017. While the cost of doing business in Netherlands is a bit on the higher side at 27 with corporate tax rates of 25% , it makes up for it with its notable labour force quality and business climate rank of five and six respectively. The index, which ranks 180 countries and territories by their perceived levels of public sector corruption according to experts and businesspeople, uses a scale of zero to 100, where zero is highly corrupt and 100 is very clean. Another report by . The index, she said, underscores the need for governments to do more to ensure more people can avail of e-commerce opportunities. Read Next. Despite Latin America's e-commerce market remaining small, recent figures show that in comparison with Asia Pacific or North American, the region's retail e-commerce sales are predicted to rise to $79.7 billion U.S, dollars in 2019 from just $49.8 billion U.S. dollars in 2016. According to a report by Statista, e-commerce in Africa was valued at 16.5 billion dollars in 2017. Statista predicts Amazon's market share of the U.S. eCommerce retail market to hit 47% in 2020. New rules to end unjustified geoblocking in the EU. TVs crucial fall season will struggle to overcome changing viewing habits. Japanese e-commerce brand, Rakuten, has also cashed in an impressive brand value boost, up 49% to US$7.7 billion, and simultaneously jumped 155 positions to 246th place in the ranking. Found inside Page 6United Nations Conference on Trade and Development (UNCTAD) No specific e-commerce policy /strategy or national ICT strategy exists. Despite almost universal access to the internet, only about 8.5% of German households have access to optic fibre. In Malaysia, Lazada used to be the most visited e-commerce website in the past few years and was surpassed by Shopee recently. Featured In Global Ecommerce Update 2021 In global . (adsbygoogle = window.adsbygoogle || []).push({}); The United States has been crowned as the best country in the world to invest in eCommerce and digital sector, thats according to the CEOWORLD magazines Global E-Commerce Investment Confidence Index for 2020. Nos. Although there were some ranking changes within the group, the countries in the NRI 2020 top 10 remain the same from last year's edition. Found inside Page 8 and the Caribbean: ranking of countries that export ICT services and services most cited by small businesses for not participating in e-commerce, Found inside Page 36It goes up in the two output pillars, ranking in the top 20 in both: 15th in but also for areas such as remote work, distance education, e-commerce, The UNCTAD report notes that five countries account for 92% of online shoppers in LAC, much higher than their share (72%) of the region's population. The CEOWORLD magazine rating puts Denmark in 18th place, ahead of Switzerland (19th) and Finland (20th). Even more mature regions for ecommerce like North America (Canada, 21.1% . Found inside Page 157M-commerce development in developing country: Users' perspective. ADDITIONAL READING Eldelman (2020) Edelman Trust Barometer, Global Report, Amazon had the most monthly visitors with around. This statistic illustrates the average monthly visitors to determine the 100 top e-commerce websites in France during the second semester of 2020. de la Paix, 1211 Geneva 10, Switzerland, Welcome to the United Nations Conference on Trade and Development, ICT Policy Reviews and National E-commerce Strategies, Measuring e-commerce and the digital economy. In 2016, Germany took only 29th place in the world data download speed ranking and 72nd place in terms . Ecommerce in Europe is expected to be worth 717 billion euros at the end of 2020. Dynamic women hold responsible positions in sports. Found inside Page 3431.1 Global Perspective In this high-technology generation, e-commerce become more selling and buying products on the SMP (Market Business News, 2020). According to official data, the analysis was done on more than 108 million citations . In 2019, 97% of the Swiss population used the internet. Found inside Page 397C 48 D 42 E 57 Answer C country with their technical expertise and proficiency. Organization (WIPO) in the Global Innovation Index 2020 rankings. Found inside Page 37 was ranked 89th in the UNCTAD B2C E-commerce Index, 2018. However, it was among the top ten African countries in the index, ranking seventh Mauritius, Learn about PRO | Login. Gulf states have an estimation of about quadruple of their e-commerce profit from 2015 to 2020. As the chart below presents in 2020, it is expected to reach 1,530 bn. Found inside Page 70 the Global Innovation Index 2020. According to the Index, what is the rank of India? A 81 B 52 C 48 D 42 E 57 entrepreneurship across the country. 1 However, the impact of the pandemic means Spain's central bank has estimated the Spanish economy will contract by up to 11.6 percent in 2020, before recovering to grow by . Found inside Page 178In 2010, Viet Nam ranked 86th out of 152 countries, featuring among the top 57% of According to the Vietnam ICT White Book 2018 (Vietnam e-Commerce and As e-commerce companies today are racing to realise the mobile-first potential, we conducted a study to ascertain the leading e-commerce shopping applications of today. Brand country: Switzerland Founded in: 1848 Industry: Watch Product categories: watches Most popular Omega items online. Country Reports Analyze complete eCommerce markets; Brand Reports Everything you need to know about the eCommerce top stores; Trend Reports Get a deeper quantitative insight into a topic; Company Reports Comprehensive insights into eCommerce companies; News Webinar Login Login e-Commerce Revenue Analytics croff.it Download XLS croff.it, operated by OVS S.p.A., is an online store with . One distinguishing feature of the top 10 performers is that they do well in most dimensions of the NRI. The only non-European countries on the top 10 list are Singapore (third) and Australia (10th). Back in 2017, e-commerce sales outpaced estimates by $44.41 billion, driven largely by sales from leader Alibaba's Taobao and Tmall. With a similar brand value growth this year, albeit from a lower base, German online retailer Zalando (up 49% to US$4.7 billion) has re-entered the Brand Finance Global 500 ranking after a two-year absence. Any press and partnership inquiries, please contact our team at: insights@ipricegroup.com. Source: J.P Morgan 2020 E-commerce Payments Trends Report: Data has been provided to J.P. Morgan by Edgar, Dunn & Company, 2020. The scores and rankings may thus have changed . According to a market research company eMarketer, global e-commerce retail sales rose by 25.7% to $4.2 trillion last year. The what, where, and how of back-to-school shopping, facial recognition, and retailer TV ads, Twitters Super Follows, privacy features aim to keep users and creators on the platform. The Digital Economy Report 2019 on "Value creation and capture: Implications for developing countries" takes stock of recent trends in the global digital landscape and discusses the development and policy implications of data and digital E-commerce brands are the fastest growing in the Brand Finance Retail 100 2021 ranking, recording a 38% brand value increase on average. 3), the United Kingdom (No. For instance, internet penetration in the United States is lower than in any of the economies in the top 10, while China ranks 87th in the world on this indicator. Found inside Page 96Projected e-commerce revenue in Emerging Asia, 2015-24 A. China B. India C. billion 100 USD billion 1600 80 80 1 200 60 60 800 40 40 400 20 20 0 0 25 26 6-10: Target Finally Cracks the Top 10. Hong Kong came in at number 16th and Australia on 17th. The lack of such data currently constitutes a significant gap in the tool-kit governments need to design and implement ICT policies for development. North America captured around 14% of the overall B2B e-commerce revenue in 2020. The United . E-commerce as a percentage of total retail in Hong Kong is relatively lowjust 7 percent. As for online shopping penetration, the United States ranks 12th while China takes the 33rd slot. About Statistics with tags Europe . Walmart and Target Climb Rankings on Click-and-Collect Gains. The 2020 edition of the index includes a few notable changes from the previous year. The e-commerce divide remains huge, said Shamika N. Sirimanne, director of UNCTADs division that prepares the annual index. Research citations, along with the results of major global surveys of employers and academics are used to rank . How Banco Inter is working to democratize access to the digital economy in Brazil, Walmart has cornered more than 25% of the US grocery ecommerce market, Amazon brings BNPL to US customers through Affirm partnership, Amazon faces a period of greater uncertainty, Indias revised payment storage rules will likely complicate online card transactions, The top 5 US grocery ecommerce retailers of 2021, Instacart accounts for 1 in 5 US grocery ecommerce sales, but its share is decreasing. The 10 developing countries with the highest scores are all from Asia and classified as high-income or upper-middle-income economies. Media . "The only reason why China is not higher in the ranking is due to its immense population, meaning that penetration and mainstream adoption of cashless methods take longer than in smaller countries. According to the survey, the highest expenditure on online shopping was in Germany, nearly 63 billion euros in 2020. Ranked number 1 among 128 countries, the U.S. continues to be the worlds most attractive e-commerce and digital market for investors and businesspeople. The value of global B2B e-commerce in 2018 was $21tn, representing 83 per cent of all e-commerce transactions. The United States ecommerce market is forecast to reach over $843 billion in 2021, less than a third of China's. After China and the US, the third-largest ecommerce market is the United Kingdom. Download European Analysis 2020 (.pdf) The DESI 2020 reports are based on 2019 data. At the other end of the spectrum, least developed countries occupy 18 of the bottom 20 positions. The COVID-19 pandemic has made it more urgent to ensure the countries trailing behind are able to catch up and strengthen their e-trade readiness, Ms. Sirimanne said. 2 GLOBAL ECOMMERCE MARKET RANKING 2019 - 5 SPOTLIGHT ON: CHINA China is second in our ranking, which should come as no surprise to brands who are . The United Kingdom is still included in the 2020 DESI, and EU averages are calculated for 28 Member States. They had a record of about $5 billion in profit in 2015 and $20 billion in 2020. However, the regions share of global online shoppers was only 6% of the global total in 2019. Total Turnover Europe '19 refers to the total sales generated in Europe in 2019, both online and offline. Europe remains by far the most prepared region for e-commerce, according to UNCTAD's Business-to-Consumer (B2C) E-commerce Index 2020, but wide gaps with countries with the lowest level of readiness need to be addressed by tackling weaknesses in those nations to spread the benefits of digital transformation to more people. China took silver, followed by Japan (No. In 2018 total sales on the German e-commerce market was 1300 bn. Top 10 economies in the UNCTAD B2C E-commerce Index 2019 2019 Rank Economy Share of individuals using the Internet (2018 or latest) Share of individuals with an account (15+, 2017) Secure Internet servers (normalized, 2018) UPU postal reliability score (2018 or latest) 2019 Index value Index value change (2017-18 data) 2018 Index rank 1 Netherlands 95 100 98 93 96.4 0.3 1 2 Switzerland 94 98 . United States is #1 . Found inside Page 103Country Ranking However, there are wide disparities among the countries The results of the United Nations E-Government Survey 2020 are displayed in Several B2B businesses are now focused on moving their customer online. Found inside Page 7As a result, Malawi is situated very low in global rankings when it comes to its performance in IT development and e-commerce indices. The data shows that despite some progress . Based on Germany 2020 Ecommerce Country Report we have created an overview of this e-commerce market. ranking this year is the number of cross-border online shoppers. Top 10 Countries, Ranked by Retail Ecommerce Sales, 2020 & 2021 (billions and % change) Methodology Estimates are based on the analysis of data from other research firms and government agencies, historical trends, reported and estimated revenues from major online retailers, consumer online buying trends, and macro-level economic conditions. Europe remains by far the most prepared region for e-commerce, with eight countries ranking in the top 10 of a global index published on 3 December. Austria came in 21st place, followed by Norway (22nd), Estonia (23rd), Sweden (24th), and Spain, ranked 25th. China took silver, followed by Japan (No. Top 10 Countries, Ranked by Retail Ecommerce Sales, 2020 & 2021 (billions and % change), In global historic first, ecommerce in China will account for more than 50% of retail sales. The UK's total ecommerce sales are expected to bring in $169 billion, which is a slight dip from $180 billion in 2020. Total ecommerce sales in the UK are expected to fall by 6.3 percent from $180.39 billion in 2020 to $169.02 billion in 2021. All of the top 10 developing economies in the 2020 index are from Asia, and all are upper-middle-income or high-income economies. As seen globally, COVID-19 has boosted online shopping in the region. Asia Pacific Mobile Application Market By Store Type (Apple, Android and Others), By Application (Gaming, Music & Entertainment, Health & Fitness, Social Networking, Retail & e-commerce and Others), By Country, Industry Analysis and Forecast, 2020 - 2026 Switzerland climbs to top of global e-commerce index 17 February 2021 Switzerland replaced the Netherlands at the top of UNCTAD's Business-to-Consumer E-commerce Index 2020, which ranks 152 countries on their readiness to engage in online commerce. In addition, compared with other markets included in our report, a significant portion of the population is yet to make their first online purchase. Postal unreliability is the region's biggest e-commerce infrastructural weakness, particularly in the Caribbean. Globally, 47% of ecommerce sales were made through online marketplaces in 2020, amounting to nearly two trillion dollars. Found inside Page 25Table 1.14 Ranking in UNCTAD B2C E-commerce Index, 2019 Internet Rank in United Nations Conference on Trade and Development, UNCTAD B2C E-COMMERCE INDEX Found inside Page 369Times Higher Education (THE) Asia University Ranking 36th Global Chambers of Commerce 40th Index 2020 United States Global Democracy Index 2019 EIU 26th. That would mean an increase of 12.7 percent compared to the situation last year. Those two will still have a total of 58.2% this year, but Alibaba's share is shrinking as the market diversifies with the emergence of retailers and . Costa Rica became the best performer in the Latin America and the Caribbean (LAC) region, replacing Chile. And in Argentina, the number of first-time online buyers during the pandemic was equivalent to 30% of the 2019 online shopping base. Found inside2015 Increase in Transaction Limit for FAST (accessed January 12, 2020). 2005 UN Global E-government Readiness Report 2005: From E-government to not the case in many developing countries where use of e-commerce remains low. E-commerce spending per capita in Europe 2016-2020, by country Leading marketplaces in Poland 2020 Share of shoppers making online cross border purchases in Poland 2020, by country However, China is by far the leading. Reporters Without Borders (RSF) presents the 2020 press freedom barometer. In Africa you can meet some of the richest and most successful CEOs. Table 2 shows data for the top 13 e-commerce companies in 2020, ten of which are from China and the United States. UNCTAD's work on measuring e-commerce and the digital economy aims to build the capacity of countries to produce official statistics on e-commerce and the digital economy, and that can be used to guide policy making. 4 ISSN 2335-6677 INTRODUCTION According to UNCTAD (2019), the total value of global e-commerce increased from US$16 trillion in 2013 to more than US$29 trillion in 2017.1 Recent research by Google and Temasek Holdings predicts that Southeast Asia will witness remarkable growth in e- We anticipate a collective $3.914 trillion in ecommerce sales this year. Moves up the rankings for 2020 ; Learner UI/UX is a winner, Admin side is good, but needs some tweaks ; Scored 100% on Compliance Features, which includes digital signature on a mobile device, digital signature in the system, CFR 21 Part 11 (An ideal plus for Pharma), Document Management System built-in; includes forms, workflow documents/materials, etc., workflow features ; Coaching is on the . Vietnam's e-commerce is quickly catching up with its ASEAN peers, ranking 86 in the 2020 United Nations E-Government Survey. Six of the top 10 fastest-growing ecommerce countries in 2019 hail from the Asia-Pacific region, led by India and the Philippines at more than 30% growth and rounded out by China, Malaysia, Indonesia and South Korea. CEOWORLD magazine recently released the 2020 edition of its Global E-Commerce Investment Confidence Index, in which it ranks the top 128 countries in the area of eCommerce and digital market attractiveness from an overall investment perspective. Found inside Page 196World Intellectual Property Organization (WIPO) released the Global Innovation Index 2020. According to the Index, what is the rank of India? E MSME Share of individuals using the Internet (2019 or latest), Share of individuals with an account (15+, 2017), Secure Internet servers (normalized, 2019), UPU postal reliability score (2019 or latest), Dutch funding set to boost UNCTADs work on e-commerce and the digital economy, COVID-19 has changed online shopping forever, survey shows, Global e-commerce hits $25.6 trillion - latest UNCTAD estimates, Europe continues to dominate global e-commerce ranking, Switzerland climbs to top of global e-commerce index, UNCTAD - Palais des Nations, 8-14, Av. For instance, Expedia fell from 5th place in 2019 to 11th in . amazon.com, amazon.co.uk, amazon.de etc.) Vietnam has also improved one rank over the last year. The rankings had India in sixth place, followed by France, South Korea, Canada, and the United Arab Emirates. The database, the full text of the report, and the underlying country-level data for all figuresalong with the questionnaire, the survey methodology, and other relevant materialsare available at www.worldbank.org/globalfindex.

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