| Characteristic | Estimated market size in billion U.S. dollars |
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Source
Sources
Release date
March 2024
More information
Region
Malaysia
Survey time period
2019 to 2023
Supplementary notes
*Forecast.
According to the source: E-commerce – consumer purchases of goods and services made online by consumers from businesses via the internet, regardless of device or application. Our analysis is confined to person-to-business payments and excludes consumer payments to governments and purchases or installment payments of motor vehicles, real estate, rent, investments, utility and other bill or loan payments. Global e-com transaction value for the 40 markets covered in GPR 2024 was over $6.1 trillion in 2023. Our projection of 9% CAGR for e-com growth projects to a total global e-com market size of approximately $8.8 trillion in 2027.
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