E-Commerce growing like hell
The eCommerce market is already strong and shows a lot of opportunities. In 2011, the US retail ecommerce sales grew up to 194.3 billion dollars, and the last estimations points out that it will grow up to 362 billion dollars by 2016. We are facing strong numbers for the next years, and we are only showing US numbers. For 2012, the estimates show a 15,4% rise, up to 224,2 billion dollars, and in the period from 2012 to 2016, we will see interanual growths higher than 10% in all years.
Considering other reports, like the last J.P. Morgan report on e-commerce, the global e-commerce revenue in 2011 grew 19%, up to 680 billion dollars. So actually US ecommerce is accounting for 28% of global sales. If we forecasts the numbers shown at emarketer report, and we take into consideration that ecommerce penetration in US is higher than in other countries and regions, it is expected that the contribution of US ecommerce sales to worldwide sales decrease along next years. Estimating a contribution of 20% by 2016, we are facing a global market of almost 2 trillion dollars. This may seem crazy, but Goldman Sachs is already predicting that e-commerce worldwide sales will reach 963 billion dollars by 2013.
If we analize the growth estimates by region, we observe that there is room for more innovative ecommerces in US, but other regions like Asia will drive the worldwide growth (estimates for the 2010-2013 period):
- US, 165.8 (2010) to 235.3 (2013) billion dollars, a growth of 12.4%
- Europe, 195.2 (2010) to 283 (2013) billion dollars, a growth of 13.2%
- Asia, 155.7 (201) to 323.1 (2013) billion dollars, a growth of 27.5%
- Rest of the world, 55.8 (2010) to 121.7 (2013) billion dollars, a growth of 29.7%
- Global: 572.5 (2010) to 963 (2013) billion dollars, a growth of 19.4%