The number of users in the e-commerce market in Singapore was modeled to amount to ************ users in 2024. Following a continuous upward trend, the number of users has risen by ************ users since 2017. Between 2024 and 2029, the number of users will rise by ************ users, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on eCommerce.

Indonesia, Southeast Asia's largest e-commerce market in therms of user numbers, is projected to reach more than *** million users by 2026. In comparison, e-commerce user penetration in Singapore is projected to be almost *** percent by 2030.Find further statistics on other topics such as a comparison of countries or regions regarding the penetration rate.The Statista Market Insights cover a broad range of additional markets.

The number of users in the 'Social Commerce' segment of the e-commerce market in Singapore was modeled to be ************ users in 2024. Following a continuous upward trend, the number of users has risen by ************ users since 2018. Between 2024 and 2029, the number of users will rise by ******* users, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on eCommerce.

The Singapore E-Commerce Market Report is Segmented by Business Model (B2B, and B2C), Product Category for B2C E-Commerce (Beauty and More), and Device Type for B2C E-Commerce (Smartphone, Desktop/Laptop, and More). The Market Forecasts are Provided in Terms of Value (USD).

The penetration rate is forecast to experience significant growth in all segments in 2029. This reflects the overall trend throughout the entire forecast period from 2019 to 2029. It is estimated that the penetration rate is continuously rising in all segments. In this regard, the e-commerce segment achieves the highest value of ***** percent in 2029. Find further statistics on other topics such as a comparison of the number of users in Germany and a comparison of the number of users in the United Kingdom. The Statista Market Insights cover a broad range of additional markets.

Significant fluctuations are estimated for all segments over the forecast period for the revenue. In general, the revenue appear to exhibit a positive trend, with more segments showing increasing values rather than decreasing values until 2029. Among them, the segment e-commerce attains the highest value throughout the entire period, reaching *** billion U.S. dollars. Find further statistics on other topics such as a comparison of the number of users in the United Kingdom and a comparison of countries or regions regarding the revenue.The Statista Market Insights cover a broad range of additional markets.

The revenue per social media platform in the 'Instagram' segment of the e-commerce e-commerce market in the Philippines was forecast to continuously increase between 2025 and 2029 by in total 120.3 million U.S. dollars (+68.36 percent). After the tenth consecutive increasing year, the revenue per social media platform is estimated to reach 296.26 million U.S. dollars and therefore a new peak in 2029. Notably, the revenue per social media platform of the 'Instagram' segment of the e-commerce e-commerce market was continuously increasing over the past years.Find more key insights for the revenue per social media platform in countries and regions like the average revenue per user in the e-commerce e-commerce market in Baltics and the number of users in the 'Social Commerce' segment of the e-commerce e-commerce market in Singapore. The Statista Market Insights cover a broad range of additional markets.

Discover the latest eCommerce statistics in Singapore for 2025, including store count by category and platform, estimated sales amount by platform and category, products sold by platform and category, and total app spend by platform and category. Gain valuable insights into the retail landscape in Singapore, uncovering the distribution of stores across categories and platforms.

In the third quarter of 2023, close to ** percent of internet users in Singapore purchased a product or service online. In comparison, **** percent of internet users in Singapore used a Buy Now, Pay Later service.

A survey on digital usage in Singapore in 2023 found that Generation Z and Millennial internet users had the highest number of e-commerce activity days in total, amounting to **** and **** activity days respectively. By comparison, the number of Generation X and Baby Boomers digital activity days comprised to **** and **** activity days, respectively.

In Singapore, the distribution of stores across different platforms presents a dynamic picture of the market. Shopify, as a leading platform, hosts 16.37K stores, accounting for 42.12% of the total store count in the region. This is closely followed by WooCommerce, which supports 11.11K stores, representing 28.59% of the region's total. Wix makes a significant contribution with 3.76K stores, or 9.68% of the total. The chart underscores the diversity and preferences of store owners in Singapore regarding their choice of platform.

By 2030, the Indonesian e-commerce market was predicted to generate around 150 billion U.S. dollars in online retail sales, increasing from 65 billion U.S. dollars in 2024. By 2030, Indonesia was forecasted to account for over 40 percent of the Southeast Asian e-commerce market, likely due to a growing middle class and the increasing access to the internet. Other emerging markets include Malaysia, the Philippines, Thailand and Vietnam. E-commerce in Southeast Asia The leading product categories that were bought through e-commerce platforms in Southeast Asia include fashion and beauty. Shopee and Lazada have emerged as leading e-commerce sites in the region, with Shopee generating over 500 million web sessions. The preferred payment method among Southeast Asian consumers when shopping online varied between digital wallets and account-to-account payments, depending on the country. In Singapore, credit cards were more used compared to other countries, while digital wallets were popular in Indonesia and Vietnam. Omni-channel experiences through e-commerce E-commerce has been steadily growing with the emergence of numerous online retail brands and online marketplaces. Further, more and more fashion brands provide the option of browsing products on their online shop while consumers are shopping in the physical store, so the customer can check on size availability and order it for delivery to their homes or to the store. Given that, omnichannel experiences are relevant for offering the customer more convenience and to increase customer loyalty.

Over the forecast period until 2029, the average revenue per user is forecast to exhibit fluctuations among the eight segments. The average revenue per user decreases only in the segment Media towards the end of the forecast period, while the remaining segments follow a positive trend. The absolute difference between 2019 and 2029 is *** U.S. dollars. Find further statistics on other topics such as a comparison of the average revenue per capita in Russia and a comparison of the number of users in Bangladesh. The Statista Market Insights cover a broad range of additional markets.

This chart illustrates the estimated sales amounts generated by stores on various platforms within Singapore. Custom Cart shows a significant lead, with total sales amounting to $3.91B, which constitutes 41.15% of the region's total sales on platforms. Shopify reports sales of $1.93B, accounting for 20.29% of the total platform sales in Singapore. Magento also holds a notable share, with its sales reaching $1.32B, representing 13.92% of the overall sales amount. This data provides a comprehensive view of the market dynamics in Singapore, highlighting which platforms are driving the most sales.

The number of users in the online food delivery e-commerce market in Singapore was modeled to stand at 3.77 million users in 2024. Following a continuous upward trend, the number of users has risen by 2.41 million users since 2017. Between 2024 and 2030, the number of users will rise by 720,000 users, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Online Food Delivery.

This chart provides a detailed overview of the number of Singapore online retailers by Monthly Visitors. Most Singapore stores' Monthly Visitors are Less than 100, there are 12.35K stores, which is 52.36% of total. In second place, 6.9K stores' Monthly Visitors are 100 to 1K, which is 29.27% of total. Meanwhile, 3.43K stores' Monthly Visitors are 1K to 10K, which is 14.55% of total. This breakdown reveals insights into Singapore stores distribution, providing a comprehensive picture of the performance and efficient of online retailer.

This chart provides a detailed overview of the number of Singapore online retailers by Monthly Sales. Most Singapore stores' Monthly Sales are Less than $100.00, there are 19.15K stores, which is 97.88% of total. In second place, 229 stores' Monthly Sales are $100.00K to $1.00M, which is 1.17% of total. Meanwhile, 139 stores' Monthly Sales are $10.00M to $100.00M, which is 0.71% of total. This breakdown reveals insights into Singapore stores distribution, providing a comprehensive picture of the performance and efficient of online retailer.

Forecasts indicate significant growth in the e-commerce sectors of Asia in 2024. Topping the list are the Philippines and India, poised for a surge of approximately 23 percent and 18 percent in online sales, respectively. Following closely behind, Malaysia secures the third spot with an 17.8 percent growth rate. Meanwhile, Bolivia and Mexico were expected to outpace other nations, with e-retail sales forecast to grow by over 15 percent. A growing global e-retail market Partly fueled by a rapid increase in internet users worldwide over recent years, along with mobility constraints and the shutdown of physical stores during the COVID-19 pandemic, the global e-commerce retail market expanded fourfold from 2014 to 2022. Central to this growth has been the widespread adoption of mobile commerce, which entails online shopping through smartphones, particularly prominent in various regions of the global South. Forecasts suggested that m-commerce sales in Argentina are poised to surge by around 2.4 times between 2022 and 2026. Fast-growing markets fueled by local players While online retail giants Amazon and Alibaba Group wield global dominance in the e-commerce landscape, they do not hold the top positions in many of the fastest-growing e-commerce markets. Based on monthly website traffic, Singaporean e-retailer Shopee is the leading e-commerce site in Singapore by a significant margin. This trend is even more pronounced in Argentina, where Mercado Libre garners nearly 50 times the traffic witnessed on Amazon's Spanish page, amazon.es.

In 2024, the transaction value of digital commerce in Singapore was projected to be at 15.37 billion U.S. dollars. This was estimated to reach 20.13 billion U.S. dollars.

Ecommerce marketplace app Shopee started life out as a customer-to-customer marketplace, in the same vein as eBay, but over the past few years has remodelled itself as a b2c marketplace. That switch...