Executive Summary

E-commerce is the fastest growing segment of the retail market in Europe and North America. Combined ecommerce sales in Western Europe (UK, Germany, France, Netherlands, Italy and Spain) were £152.20bn in 2015 and reached £224.425bn in 2019 (+47.5% growth). Worldwide eCommerce will grow another 14.3% this year3 led by China and its more than 710M online shoppers4. 
China’s economy actually beat forecasts to finish the year 2.3% ahead5 amid strong consumer optimism. The U.S. Consumer Confidence Index, a leading economic indicator, continued a rise that started in May 20206 . Signs of recovery were evident across the world, as business cycle indicators were mostly on the uptick7


By clicking 'Download Now' you agree to our Terms of Use. We take your privacy seriously. For more information please read our Privacy Policy. By registering with the Enterprise Guide you will automatically receive our weekly Product Update and Technology Insider eNewsletters.

Copyright 2021 Enterprise Guide. All Rights Reserved. Terms of Use | Privacy Policy