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2012 The Trillion Dollar Year

Posted by trinda On February - 7 - 2013

B2C Ecommerce Sales Topped $1 Trillion for First Time in 2012

In a market that continues to grow year over year nothing seems to surprise us. As businesses become more educated they spend more money on-line in order to capture the customer that may have once just simply walked through there front door.

In 2012, B2C ecommerce sales grew 21.1% to top $1 trillion for the first time, according to new global estimates by eMarketer.

This year, sales will grow 18.3% to $1.298 trillion worldwide, eMarketer estimates, as Asia-Pacific surpasses North America to become the world’s No. 1 market for B2C ecommerce sales.

Sales in North America grew 13.9% to a world-leading $364.66 billion in 2012—a figure expected to increase 12.2% to $409.05 billion this year—as more consumers shifted spending from physical stores to retail and travel websites thanks to lower prices, greater convenience, broader selection and richer product information.

B2C ecommerce sales in Asia-Pacific grew more than 33% to $332.46 billion in 2012. This year, the region will see sales increase by more than 30% to over $433 billion—or more than one-third of all global B2C ecommerce sales.

Maybe it’s time to be part of the one of the fastest growing industries in the world.

 

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