According to a report by Technavio released in December 2021, the global e-commerce market is expected to grow by USD 2.52 trillion during the period 2021-2025, at a CAGR of over 14%. Additionally, the COVID-19 pandemic has accelerated the shift towards e-commerce, as consumers have turned to online shopping due to lockdowns and social distancing measures.
iDeal acquired by European payment service iDeal is being acquired by the European Payments Initiative (EPI), a collaboration of European banks. Payconiq, the technology provider for iDeal, and Belgian payment service Bancontact are also being acquired. According to EPI, iDeal will serve as the foundation for a payment platform for the whole of Europe according to ecommercenews.eu
The e-commerce industry has been growing fast in the recent years, and it shows no signs of slowing down at this point. However with the current unstable economic dynamics in certain segments of the market, we need to see how growth will evolve in 2023, average expected growthrate is about 5%. With technological advancements and changing consumer behaviors, e-commerce businesses must stay on top of the latest trends to remain competitive. In this blog, we’ll explore the top 10 e-commerce trends to watch in 2023.
Artificial intelligence (AI) has been rapidly advancing in recent years, and its impact on various industries is already evident. From healthcare and finance to transportation and entertainment, AI is transforming the way we work and live. However, the future of AI is still uncertain, and there are many predictions about what we can expect in the coming years.
You must be logged in to post a comment.