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China tops as study projects global eCommerce revenue at $6.34trn by 2027 – Tribune Online

China tops as study projects global eCommerce revenue at $6.34trn by 2027 – Tribune Online

A new study has projected that , global eCommerce revenue would grow by 64.69 percent  from 2023 to 2027, reaching an astonishing $6.34 trillion.The comprehensive study by an online marketing company, flyers-on-line.com, also found that China is  the undisputed leader, with a market value of $779.858 billion in 2022, predominantly driven by the electronics sectorThis is projected to more than double, soaring to approximately $1.73 trillion by 2027 with a Compound Annual Growth Rate (CAGR) of 17.3 percent.Related PostsMeanwhile, Europe and the United States are also pivotal players in this rapidly expanding field.In 2023, Europe was expected to generate revenues of… 

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