Blog: E-Commerce and Global Trade Management Solutions
- Written by OCR
- July 3, 2020
In the past 10 years E-Commence was booming and the global E-Commerce market was growing rapidly. In 2015 the global E-Commerce market had an estimated size of $1.6 trillion. In 2014 in the US more than 520 million E-Commerce based packages were sent and the growth of the market does not slow down. The global E-Commerce market is projected to triple in size in the next five years. Big drivers of this development are countries like China, Brazil and India with its growing middle class.
About 40% of consumers are already buying goods online from another country or are open to do so. This opens up a huge market for global shipping and global trade.
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