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Global e-commerce set to grow 25% in 2015

Global e commerce set to grow 25% in 2015

Market research firm eMarketer projects e-commerce sales will eclipse $3.5 trillion within the next five years. The web will account for 7.3% of global retail sales this year, growing to 12.4% by 2019, eMarketer says.

The fast-growing Asia-Pacific market is expected to fuel a 25% year-over-year increase in global e-commerce in 2015.

That’s according to market research firm eMarketer, which projects consumers worldwide will spend $1.672 trillion online this year. That figure represents 7.3% of overall global retail sales, which are expected to be $22.822 trillion this year. By 2019, eMarketer Inc. projects online purchases will more than double to $3.551 trillion, or 12.4% of total retail sales of $28.550 trillion, as more people come online around the world.

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