Highlight & Trend
- Revenue in the E-commerce market amounts to US$4,872m in 2019.
- Revenue is expected to show an annual growth rate (CAGR 2019-2023) of 7.4%, resulting in a market volume of US$6,487m by 2023.
- User penetration is 74.1% in 2019 and is expected to hit 75.1% by 2023.
- The average revenue per user (ARPU) currently amounts to US$871.14.
- In the E-commerce market, the number of users is expected to amount to 5.8m by 2023.
- With a market volume of US$740,422m in 2019, most revenue is generated in China.
Source: Statista, October 2018
- Online store development and frontend management
- Responsive Web design (Mobile & Desktop)
- Financial services including integration of payment gateway, risk and fraud management
- Membership system and loyalty programs