Remove 2027 Remove Cryptocurrencies Remove Management Remove Online Retail
article thumbnail

ecommerce in Nigeria – tips for success

Payoneer

With a compound annual growth rate of 11.3% (2023-2027), the market is expected to reach a volume of US$11,707 million by 2027. billion in 2023, with a projected annual growth rate of 6.33% (CAGR 2023-2027). The Nigerian ecommerce market’s contribution to the global growth rate in 2023 is expected to be over 25%.

article thumbnail

15 ecommerce statistics every entrepreneur must know

Omnisend

Expectedly, as an increasing number of people around the world opt for online shopping, a quarter of all retail sales will come from ecommerce in the near future. trillion in online sales. Finally, it’s expected that ecommerce will make up 25% of total global retail sales by 2026, up from 19% last year. What’s more?