According to the findings of the new market report released by Germany-based secondary market research company yStats.com, Latin America is projected to be one of the fastest growing regions in global online retail in the period leading up to 2021. The publication, titled “Latin America B2C E-Commerce Market 2017” reveals market trends and key characteristics of the top markets in this region.
Read more here: https://www.ystats.com/latin-america-projected-to-outpace-north-america-and-europe-in-b2c-e-commerce-growth-rate/
Find the report here: https://www.ystats.com/market-reports/latin-america-b2c-e-commerce-market-2017/
Press Release: Latin America B2C E-Commerce Market 2017
1. 1
PRESS RELEASE
Hamburg, October 25th
, 2017
Growth of online retail in Latin America summarized in
new report from yStats.com
Hamburg-based business intelligence company yStats.com has turned its researchers to the growth of online retail in Latin
America. The new publication, “Latin America B2C E-Commerce Market 2017” tells of online sales projections and trends of the leading
economies of the Latin American region.
Compared to regions such as North America and Europe where the online portion of total retail is a percentage in the low teens, the
low single digit online sales in Latin America indicates a huge potential for growth. In fact, the growth rate of B2C E-Commerce is predicted,
through research cited in the yStats.com report, to outpace the growth in the mature markets through the next five years, due to increasing
internet penetration as well as improvement in the delivery and payment infrastructure in the region. The leading nation in online retail
sales of the region is Brazil but other countries such as Colombia and Mexico will see faster growth rates of online sales. MercadoLibre, an
Argentina-based online marketplace leads E-Commerce throughout Latin America.
Shopping through a mobile device, especially smartphones, is a key component of the growth in online retail in the region. Surveys
cited in the yStats.com report indicate that M-Commerce is increasing at a much faster rate than E-Commerce in general, as shoppers
appreciate the convenience of purchasing through their phone.
For further information, see: https://www.ystats.com/wp-content/uploads/2017/11/2017.10.12__Product-Brochure-Order-Form_Latin-America-B2C-E-
Commerce-Market-2017.pdf
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Phone: +49 (0)40 - 39 90 68 50
Fax: +49 (0)40 - 39 90 68 51
E-Mail: press@ystats.com
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About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to
providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our
areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover
a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide
selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide,
including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an
expertise in the areas of B2C E-Commerce and Online Payment.