2027 Cryptocurrencies Online Retail Payments 
Payoneer
FEBRUARY 22, 2023
Nigeria’s ecommerce market is rapidly growing and is projected to generate a revenue of US$7,627 million by the end of 2023, making it the 39th largest ecommerce market globally. 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.
Omnisend
DECEMBER 7, 2022
While the competition between the two ecommerce giants, Alibaba and Amazon, continues to heat up, Amazon is slated to take over the top position by 2027, when it’s expected to generate $1.2 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.
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