For investors and entrepreneurs, entering an Ecommerce industry that’s already booming can be a daunting task. We’ve researched the industries and nations that are on the up and where you new business opportunity may be for accepting payments online.
Top 10 Rising Ecommerce Countries
|Countries||Overall Growth||Online Population (Millions)||B2C E-Commerce (USD Billion)||Average Online Spend (USD)|
|United Arab Emirates||33%||8.36||$5.10||$1,380|
To put those numbers in some perspective the UK’s Ecommerce market is currently growing around 15% annually, with an online population of around 60 million people, who on average spend $4,023 annually, for a total market size of roughly $203 Billion.
Looking to start your own Ecommerce company? Then have a look at: 21 Top Ecommerce Platforms For UK Businesses: 2023 Comparison
An industry can become overcrowded for both business owners and investors. We’ve compared the number of investors with the number of startups in a specific sector to where the opportunity lies.
|Sectors||Average Valuation (Millions)||Startups||Investors||Startup to Investor Ratio|
|Baby & Children||$4.10||2609||548||0.21|
Startups are often pioneered as a result of a demand for a service, such as merchant services. This demand can be represented through search trend data, which we’ve compared over the last year as well as revenue growth to show how these gaps in the market become quickly occupied.
|Sectors||Search % Increase/Decrease YoY||Revenue Growth Rate (YoY)|
|Baby & Children||14%||9%|
Also see our guide to the 11 Best card machines in the UK for small businesses.
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