China will take in more than six of every 10 dollars spent on ecommerce in Asia-Pacific this year and nearly three-quarters of regional spending by 2017. The country’s ecommerce market is second only to the US, but this is not expected to last much longer. Beginning in 2016, China will overtake the US in spending. Massive gains in China, as well as in India and Indonesia, will push Asia-Pacific’s growth ahead.
These countries, along with Argentina, Mexico, Brazil, Russia, Italy and Canada, will drive ecommerce sales growth worldwide. Ecommerce markets in other countries included in eMarketer’s forecast are nearing maturity. Read the rest at eMarketer.