11/24/2022
E-commerce apps have seen a huge boom in growth in recent years, and the industry appears to be on a continued trajectory for growth.
The global B2C market is expected to grow by 13.10% on an annual basis to reach US$6,398.1 billion in 2022.
The medium to long-term growth story of the global B2C Ecommerce industry promises to be attractive. The B2C Ecommerce is expected to grow steadily over the forecast period, recording a CAGR of 11.21% during 2022-2026. Globally, B2C Ecommerce Gross Merchandise Value will increase from US$5,657.2 billion in 2021 to US$9,785.3 billion by 2026.