eCommerce

Revenue in the eCommerce market is projected to reach US$24,759m in 2021.
Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 13.27%, resulting in a projected market volume of US$40,758m by 2025.
The market's largest segment is Fashion with a projected market volume of US$7,742m in 2021.
With a projected market volume of US$1,260,539m in 2021, most revenue is generated in China.
In the eCommerce market, the number of users is expected to amount to 519.7m users by 2025.
User penetration will be 27.9% in 2021 and is expected to hit 39.5% by 2025.
The average revenue per user (ARPU) is expected to amount to US$74.08.