eCommerce

Revenue in the eCommerce market is projected to reach US$1,945m in 2021.
Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 7.04%, resulting in a projected market volume of US$2,553m by 2025.
The market's largest segment is Fashion with a projected market volume of US$720m in 2021.
With a projected market volume of US$1,542,551m in 2021, most revenue is generated in China.
In the eCommerce market, the number of users is expected to amount to 5.7m users by 2025.
User penetration will be 54.1% in 2021 and is expected to hit 59.5% by 2025.
The average revenue per user (ARPU) is expected to amount to US$372.85.