E-commerce market in Europe in 2027, Monogo E-commerce News, #45
More and more people are keen to buy online. And they are spending more and more. Today briefly on GlobalData's new e-commerce report.
Globally, e-commerce growth is estimated at around 9.5 per cent. This is a tad higher than for Europe alone, which is expected to have a growth rate of 9 per cent, according to GlobalData. This shows that the European market is more stable. The high standard of living, and the stable economic situation are factors that determine more sustainable growth. An additional factor is the already high level of e-commerce.
It is worth mentioning that globally there are economies such as India, with an estimated growth of 23%. In addition to India, there are other countries that will also score much higher, which drives this half a percent difference.
Global e-commerce growth drivers
Trends in e-commerce, not only in Europe but globally, show that e-commerce as a service (Shopify, marketplace such as Amazon), and new technologies, logistics are driving such high market growth.
What's Monogo offer?
What technologies does Monogo offer that will help achieve stable growth in e-commerce? We cover many areas, CMS, Adobe Commerce, Headless e-commerce, Monogo Cloud and many more. We are already seeing our customers speak positively about the impact of technology in their online business.