Boston, September 20, 2017 – Digital commerce, or the sale or purchase of goods or services conducted over the internet or a mobile network, is an increasingly important component of retail commerce in Europe and the Commonwealth of Independent States, and it will account for 17% of overall retail turnover by 2020. Nevertheless, new regulations and continued political friction could be headwinds to digital commerce’s growth in the region.
This report sizes the digital commerce market in Europe and CIS and, as it is defined, identifies some of the trends that will guide its growth for the next decade. It is based on Aite Group interviews conducted from August to October 2016 with executives from 23 leading organizations, including digital commerce platform providers, payment service providers, and alternative payment schemes, and on desk research and detailed analysis of publicly available information.
This 54-page Impact Report contains 43 figures and 15 tables. Clients of Aite Group’s Retail Banking & Payments service can download this report, the corresponding charts, and the Executive Impact Deck.
This report mentions Afterpay, Alipay, Amazon, American Express, Apple, Argos, ASDA, Bancario, Boku, Boleto, Bon Prix, Boots, Cdiscount, Citilink, Cyberport, Dinero Mail, EE, Eldorado, Euronics Italia, Fnac, GiroPay, Ideal, John Lewis, Klarna, Konbini, M.Video, Marks and Spencer, Mastercard, NBB, Newsurf, Netflix, Otto, PayPal, Paysafecard, SafetyPay, SNCF Voyages, Sofort Banking, Tesco, Ulmart, Vente-Privee, Virgin Money, Visa, Wildberries, Yandex.money, Zalando, and Zong.