CMSPI | IAC SOIR Ebook Section 3

Rapid ecommerce growth was observed between 2019 and 2022; the growth leveled out in 2022 in some countries but has continued in most for an average 41% estimated growth in ecommerce in the countries observed. 2

ECOMMERCE AS A PERCENTAGE OF ALL COMMERCE

20.0%

16.0%

12.0%

8.0%

4.0%

0.0%

Australia

Brazil

Canada

China

France

Germany

India

Italy

Japan

Mexico

Netherlands

Spain South Korea

UK

U.S.

2019

2020

2021

2022

2 CMSPI analysis of the Worldpay Global Payments Report Source: Worldpay Global Payments Report

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