Chris Bateson
Take a look at How e-commerce industry has grown in past few years and in future how will it help businesses and will grow further.
The global e-commerce market size is growing at a fast pace. This article discusses how businesses can cash-in on the global e-commerce growth. The global economy of this decade has witnessed far-reaching impact of e-commerce growth with intense and deep-seated effects on enterprises across the world.
NEW YORK , Jan. 6, 2016 /PRNewswire/ -- About e-commerce software Electronic commerce, commonly called e-commerce, refers to the process of buying and selling products and services over computer networks. Several industries, such as traditional brick-and-mortar retailers, banks, travel agents, and online vendors, have aggressively incorporated e-commerce solutions.
E-Commerce has become one of the undisputed mainstays of the Indian economy and the sector is poised to grow at a 41% CAGR over FY15-18E, according to a recent Goldman Sachs report. Our sense is that within a decade, India's consumption GDP will be $2.5 trillion, of which, 10% will be online and e-commerce will play a definitive role in addressing this $250 billion consumption gap.
Improved Internet access, high mobile penetration and enhanced security augur well for e-commerce growth in Malaysia in 2016, says CEO of online marketplace, 11street. THE e-commerce market in Malaysia is poised to flourish next year and beyond with better mobility, improved Internet and enhanced security, says an industry player.
In 2016, entrepreneurs in the consumer technology space will continue to transform lives of consumers in India From hailing cabs to ordering food, from buying goods to ordering services online, 2015 was the year when cheaper connectivity and growing penetration of smartphones showed how the Internet can transform businesses and lives.
