• China biggest e-commerce market, according to figures from the Statista Digital Market Outlook.
  • In 2020 e-commerce sales in China stood at $1.3 trillion and that number is projected to increase to almost $2 trillion by 2025.
  • Worldwide, e-commerce is expected to grow at an average of 47% in the next five years.
  • The Asian market is expected to grow at 51%, with Europe and North America growing by 42% and 35% respectively.

China is by far the biggest e-commerce market in the world as seen in figures from the Statista Digital Market Outlook. Last year, e-commerce sales in the country stood at $1.3 trillion and that number is projected to increase to almost $2 trillion by 2025. This would mean that in 4 years, almost every second e-commerce dollar could be spent in China.

Revenues generated in China make up the majority of the Asian market. Yet, other markets on the continent are already growing at a faster rate than the Chinese market. Chinese growth remains above the world average, however.

a chart showing Where E-Commerce is Growing Fastest
The Asian market is expected to grow at 51%.
Image: Statista

What is the World Economic Forum doing about ensuring access to the internet for all?

In 2018, internet connectivity finally reached over half the world’s population. Yet some 3.4 billion people – about 50% of the world’s population – are still not online.

Although much progress has been made in closing this digital divide, the challenge remains overwhelming, complex and multidimensional. It requires a collaborative, multistakeholder approach to overcome four key barriers to internet inclusion: infrastructure; affordability; skills, awareness and cultural acceptance; and relevant content.

The World Economic Forum launched Internet for All in 2016 to provide a platform where leaders from government, private-sector, international organizations, non-profit organizations, academia and civil society could come together and develop models of public-private collaboration for internet inclusion globally.

Since its launch, Internet for All has achieved significant on-the-ground results globally - including launching four operational country programmes in Rwanda, South Africa, Argentina and Jordan.

Read more about our results, and ongoing efforts to ensure access to the internet for all in our impact story.

Contact us to partner with the Forum and shape the future of our digital economy.

In Europe and the U.S., e-commerce is expected to grow by 35 percent to 42 percent in five years, below the world average of 47 percent.