Nearly two-thirds of small and medium-sized businesses (SMBs) in the United States expected their e-commerce sales to increase in 2024. Nearly a quarter even foresaw a significant increase in sales.
The number of small and medium-sized enterprises in Germany was forecast to continuously increase between 2024 and 2029 by in total 0.8 thousand enterprises (+0.38 percent). According to this forecast, in 2029, the number will have increased for the sixth consecutive year to 212.45 thousand enterprises. According to the OECD an enterprise is defined as the smallest combination of legal units, which is an organisational unit producing services or goods, that benefits from a degree of autonomy with regards to the allocation of resources and decision making. Shown here are small and medium-sized enterprises, which are defined as companies with 1-249 employees.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the number of small and medium-sized enterprises in countries like Austria and Switzerland.
More than half of small and medium-sized businesses (SMBs) in the United States saws international expansion as their main growth opportunity in 2024. AI and automation were also regarded as opportunities by e-commerce businesses.
The number of small and medium-sized enterprises in the United Kingdom was forecast to continuously increase between 2024 and 2029 by in total 4.5 thousand enterprises (+3.12 percent). After the fifteenth consecutive increasing year, the number is estimated to reach 148.68 thousand enterprises and therefore a new peak in 2029. Notably, the number of small and medium-sized enterprises of was continuously increasing over the past years.According to the OECD an enterprise is defined as the smallest combination of legal units, which is an organisational unit producing services or goods, that benefits from a degree of autonomy with regards to the allocation of resources and decision making. Shown here are small and medium-sized enterprises, which are defined as companies with 1-249 employees.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).
Success.ai delivers unparalleled access to Retail Store Data for Asia’s retail and e-commerce sectors, encompassing subcategories such as ecommerce data, ecommerce merchant data, ecommerce market data, and company data. Whether you’re targeting emerging markets or established players, our solutions provide the tools to connect with decision-makers, analyze market trends, and drive strategic growth. With continuously updated datasets and AI-validated accuracy, Success.ai ensures your data is always relevant and reliable.
Key Features of Success.ai's Retail Store Data for Retail & E-commerce in Asia:
Extensive Business Profiles: Access detailed profiles for 70M+ companies across Asia’s retail and e-commerce sectors. Profiles include firmographic data, revenue insights, employee counts, and operational scope.
Ecommerce Data: Gain insights into online marketplaces, customer demographics, and digital transaction patterns to refine your strategies.
Ecommerce Merchant Data: Understand vendor performance, supply chain metrics, and operational details to optimize partnerships.
Ecommerce Market Data: Analyze purchasing trends, regional preferences, and market demands to identify growth opportunities.
Contact Data for Decision-Makers: Reach key stakeholders, such as CEOs, marketing executives, and procurement managers. Verified contact details include work emails, phone numbers, and business addresses.
Real-Time Accuracy: AI-powered validation ensures a 99% accuracy rate, keeping your outreach efforts efficient and impactful.
Compliance and Ethics: All data is ethically sourced and fully compliant with GDPR and other regional data protection regulations.
Why Choose Success.ai for Retail Store Data?
Best Price Guarantee: We deliver industry-leading value with the most competitive pricing for comprehensive retail store data.
Customizable Solutions: Tailor your data to meet specific needs, such as targeting particular regions, industries, or company sizes.
Scalable Access: Our data solutions are built to grow with your business, supporting small startups to large-scale enterprises.
Seamless Integration: Effortlessly incorporate our data into your existing CRM, marketing, or analytics platforms.
Comprehensive Use Cases for Retail Store Data:
Identify potential partners, distributors, and clients to expand your footprint in Asia’s dynamic retail and e-commerce markets. Use detailed profiles to assess market opportunities and risks.
Leverage ecommerce data and consumer insights to craft highly targeted campaigns. Connect directly with decision-makers for precise and effective communication.
Analyze competitors’ operations, market positioning, and consumer strategies to refine your business plans and gain a competitive edge.
Evaluate potential suppliers or vendors using ecommerce merchant data, including financial health, operational details, and contact data.
Enhance customer loyalty programs and retention strategies by leveraging ecommerce market data and purchasing trends.
APIs to Amplify Your Results:
Enrichment API: Keep your CRM and analytics platforms up-to-date with real-time data enrichment, ensuring accurate and actionable company profiles.
Lead Generation API: Maximize your outreach with verified contact data for retail and e-commerce decision-makers. Ideal for driving targeted marketing and sales efforts.
Tailored Solutions for Industry Professionals:
Retailers: Expand your supply chain, identify new markets, and connect with key partners in the e-commerce ecosystem.
E-commerce Platforms: Optimize your vendor and partner selection with verified profiles and operational insights.
Marketing Agencies: Deliver highly personalized campaigns by leveraging detailed consumer data and decision-maker contacts.
Consultants: Provide data-driven recommendations to clients with access to comprehensive company data and market trends.
What Sets Success.ai Apart?
70M+ Business Profiles: Access an extensive and detailed database of companies across Asia’s retail and e-commerce sectors.
Global Compliance: All data is sourced ethically and adheres to international data privacy standards, including GDPR.
Real-Time Updates: Ensure your data remains accurate and relevant with our continuously updated datasets.
Dedicated Support: Our team of experts is available to help you maximize the value of our data solutions.
Empower Your Business with Success.ai:
Success.ai’s Retail Store Data for the retail and e-commerce sectors in Asia provides the insights and connections needed to thrive in this competitive market. Whether you’re entering a new region, launching a targeted campaign, or analyzing market trends, our data solutions ensure measurable success.
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According to a survey conducted in August 2024 in the United States, Facebook and Instagram were the most popular social media platforms among small to midsize businesses. Around 84 percent of respondents reported using Facebook to promote products and services. Approximately 67 percent of respondents mentioned the same for Instagram. TikTok and X had the lowest usage levels among SMBs.
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Graph and download economic data for E-Commerce Retail Sales as a Percent of Total Sales (ECOMPCTSA) from Q4 1999 to Q4 2024 about e-commerce, retail trade, percent, sales, retail, and USA.
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Small Business Market size was valued at USD 1901 Billion in 2023 and is projected to reach USD 3305 Billion by 2031, growing at a CAGR of 8.6% during the forecast period 2024-2031.
Global Small Business Market Drivers
The market drivers for the Small Business Market can be influenced by various factors. These may include:
Digital Transformation: Small businesses are increasingly adopting digital tools and technologies to streamline operations, enhance customer engagement, and gain a competitive edge. Cloud computing, e-commerce platforms, CRM systems, and digital marketing are among the key technologies that small businesses are leveraging to scale and improve efficiency. This digital shift has been accelerated by the COVID-19 pandemic, which underscored the necessity of having an online presence and digital infrastructure.
Access to Capital: Small business financing is becoming more accessible, with the rise of alternative lending platforms, microloans, and crowdfunding. Traditional banks are also adapting by offering more flexible loan products tailored to small businesses. Government initiatives and grants aimed at stimulating economic recovery post-pandemic have provided additional sources of funds, empowering small business growth and expansion.
Remote Work and Flexibility: The trend toward remote work has opened new possibilities for small businesses to tap into talent pools beyond their geographic confines. This flexibility not only helps in cutting operational costs related to office space but also attracts a diverse workforce. Hybrid and remote working models have forced small businesses to adopt agile practices and invest in collaboration tools and cybersecurity measures.
Consumer Preference for Local and Niche Products: There is a growing consumer trend favoring local, unique, and ethically sourced products. Small businesses have capitalized on this by offering personalized and authentic customer experiences that big corporations can’t easily replicate. Emphasizing local origins and sustainability often resonates well, driving customer loyalty and repeat business.
Regulatory Changes: Changes in regulatory landscapes, including tax reforms, labor laws, and trade policies, can significantly impact small businesses. For instance, the recent shifts towards more favorable tax regulations for small and medium enterprises (SMEs) can ease financial burdens and encourage entrepreneurship. Compliance with new standards also drives innovation as small businesses adapt and optimize their operations.
Technological Integration and Automation: The integration of AI and automation in small business operations is on the rise. These technologies help in optimizing supply chains, enhancing customer service with chatbots, and driving data-driven decision-making processes. Automation tools that manage inventory, customer relationships, and financial transactions reduce manual workloads and improve efficiency.
Economic Recovery and Consumer Spending: The post-pandemic economic recovery has generally boosted consumer confidence and spending, which in turn benefits small businesses. Government stimulus packages and economic incentives have further stimulated spending and investment in the SME sector, leading to growth opportunities and market expansion.
E-commerce Growth: The massive shift towards online shopping has opened up new sales channels for small businesses. E-commerce platforms like Shopify, Etsy, and Amazon make it easier for small businesses to reach a global audience. Additionally, advancements in payment gateways, logistics, and delivery services support small businesses in managing and fulfilling online orders seamlessly.
Business Support Ecosystems: There is an expanding ecosystem of incubators, accelerators, mentoring programs, and business networks that offer crucial support to small businesses. These platforms provide funding, advocacy, mentorship, and educational resources, creating a robust support system that helps small businesses thrive and scale.
Sustainability and Green Practices: Growing awareness and concern for the environment have led small businesses to adopt sustainable and eco-friendly practices. Whether it’s reducing carbon footprints, utilizing renewable energy, or offering green products and services, these practices appeal to environmentally conscious consumers and can lead to cost savings and enhanced brand reputation.
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According to Cognitive Market Research, the global e-commerce software market size will be USD 7351.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 16.20% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 2940.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2205.45 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1690.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 367.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 147.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.9% from 2024 to 2031.
The end-to-end platform category is the fastest growing segment of the e-commerce software industry
Market Dynamics of E-commerce Software Market
Key Drivers for E-commerce Software Market
Advancements in Cloud Computing and Saas Solutions Propel Market Growth
Advancements in cloud computing and SaaS (Software as a Service) solutions are significantly propelling the growth of the e-commerce software market. These technologies enable businesses to offer scalable, flexible, and cost-effective solutions that meet the diverse needs of online retailers. Cloud-based platforms provide businesses with the ability to manage large volumes of data, enhance security, and ensure system reliability without heavy upfront investments. SaaS solutions allow for easier software deployment, faster updates, and the ability to integrate with other business systems seamlessly. As a result, e-commerce companies can improve operational efficiency, reduce costs, and offer better customer experiences, which drives continued demand and market expansion. For instance, Relevant Industrial announced the launch of its state-of-the-art e-commerce platform in July 2024, designed to transform the industrial purchasing experience. The platform provided customers with a seamless, efficient, and user-friendly way to purchase industrial equipment and custom-engineered solutions.
Rising Preference For Subscription-Based E-Commerce Models Drives Market Growth
The rising preference for subscription-based e-commerce models is significantly driving the growth of the e-commerce software market. Consumers increasingly favour subscription services for their convenience, personalized experiences, and cost savings. This shift is prompting businesses to adopt advanced e-commerce platforms that can efficiently manage recurring billing, subscriptions, and customer data. Software solutions are evolving to integrate subscription management features, automate renewals, and offer flexible pricing models. As subscription-based models gain popularity across various industries, including media, fitness, and retail, the demand for specialized e-commerce software continues to rise. This trend is expected to accelerate further the growth of the global e-commerce software market in the coming years.
Restraint Factor for the E-commerce Software Market
Difficulty in Maintaining Cybersecurity and Preventing Data Breaches Hampers Market Growth
Difficulty in maintaining cybersecurity and preventing data breaches significantly hampers the growth of the e-commerce software market. As online transactions and customer data become increasingly vulnerable to cyber threats, businesses face rising concerns over data protection, security breaches, and compliance with privacy regulations. The financial and reputational costs associated with data breaches often discourage new businesses from adopting e-commerce platforms, especially in regions where cybersecurity infrastructure is weak. Additionally, the constant evolution of cyber threats necessitates ongoing investment in advanced security measures, which can be a barrier for small and medium-sized enterprises. These challenges impede the widespread acceptance of e-commerce software and slow market expansion.
Impact of Covid-19 on the E-commerce Softwa...
Small and medium-sized businesses in Oceania are more likely to receive online orders than in other parts of the world. In New Zealand, over 53 percent of small enterprises (ten to 49 employees) sold their goods or services via the internet as of 2022. The adoption of e-commerce as a sales channel by small businesses was lowest in Luxemburg, at less than 11 percent.
Up to 16 percent of medium-sized businesses in the European Union (EU) made B2B and B2G e-commerce sales via a website in 2023. Among small enterprises, only 12 percent engaged in such types of online sales via a website. The adoption rate has increased significantly for both small and midsize companies since 2014.
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Technological advancements, particularly in cloud computing and big data analytics, enable businesses to streamline their operations and make data-driven decisions. The increasing adoption of these technologies allows for enhanced efficiency, cost savings, and better customer relationship management. Additionally, the growing prevalence of mobile devices and the Internet of Things (IoT) facilitates seamless and continuous connectivity, further propelling the adoption of B2B e-commerce platforms. These factors are driving the growth of market size to surpass USD 11865.42 Billion in 2023 to reach a valuation of USD 38152.26 Billion by 2031.
Another significant driver is the shift towards digital transformation across industries. Companies are increasingly recognizing the need to digitize their supply chains and procurement processes to stay competitive. This shift is often motivated by the desire to improve supply chain transparency, reduce lead times, and enhance collaboration with suppliers and partners. Furthermore, the globalization of trade necessitates sophisticated e-commerce solutions to manage cross-border transactions, compliance, and logistics effectively enabling the market to grow at a CAGR of 17.34% from 2024 to 2031.
B2B Electronic Commerce Market: Definition/ Overview
B2B Electronic Commerce, or Business-to-Business Electronic Commerce, refers to the transaction of goods, services, or information between businesses through electronic means, typically over the Internet. This type of commerce involves various digital platforms and technologies that facilitate the buying and selling processes, streamlining interactions between companies. Unlike B2C (Business-to-Consumer) e-commerce, which deals directly with individual consumers, B2B e-commerce focuses on the needs of businesses, which often involve more complex transactions, larger volumes, and long-term relationships.
In B2B e-commerce, transactions can range from purchasing raw materials and components to procuring office supplies and professional services. The platforms used often incorporate features such as electronic data interchange (EDI), enterprise resource planning (ERP) systems, and customer relationship management (CRM) tools to ensure efficient and effective operations. These systems help automate procurement processes, manage supply chains, and maintain inventory levels, leading to significant cost reductions and operational efficiencies.
The rise of digital marketplaces and e-procurement systems has further transformed B2B e-commerce by providing centralized hubs where businesses can compare products, negotiate prices, and place orders from various suppliers in a streamlined manner. Additionally, the integration of advanced technologies like artificial intelligence (AI) and big data analytics allows businesses to gain deeper insights into market trends, optimize pricing strategies, and enhance customer experiences.
Globalization and the need for seamless international trade have also fueled the growth of B2B e-commerce. Companies can now reach a broader audience, engage in cross-border trade, and manage logistics more effectively through digital platforms. Furthermore, the ongoing digital transformation across industries underscores the importance of B2B e-commerce in maintaining competitive advantage, fostering innovation, and driving economic growth. In essence, B2B electronic commerce is a critical component of modern business operations, enabling companies to conduct business more efficiently and strategically in an increasingly digital world.
Success.ai’s eCommerce Leads Data Solutions provide unparalleled access to a comprehensive dataset of 700 million public LinkedIn profiles and 70 million company records. This vast collection of corporate data is essential for businesses aiming to enhance recruitment, lead generation, and personalized B2B marketing campaigns.
Our LinkedIn data offerings are designed to streamline your operations, whether you’re enhancing CRM systems with up-to-date LinkedIn profile data, refining email address data for targeted outreach, or utilizing B2B Leads data for expansive market reach. Every dataset includes detailed insights across more than 40 critical data points per profile, encompassing education, professional history, and specialized skills.
Why Success.ai stands out:
Key Use Cases:
Start transforming your business strategies with Success.ai’s eCommerce Leads Data Solutions today. Contact us to customize your dataset and leverage our best price guarantee along with our specialized personal service to propel your business forward with confidence.
No one beats us on price. Period.
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China E-commerce: Number of Register: Small and Medium Enterprise data was reported at 20.500 Unit mn in Dec 2014. This records an increase from the previous number of 19.500 Unit mn for Jun 2014. China E-commerce: Number of Register: Small and Medium Enterprise data is updated quarterly, averaging 16.250 Unit mn from Dec 2007 (Median) to Dec 2014, with 12 observations. The data reached an all-time high of 20.500 Unit mn in Dec 2014 and a record low of 8.100 Unit mn in Dec 2007. China E-commerce: Number of Register: Small and Medium Enterprise data remains active status in CEIC and is reported by China e-business Research Center. The data is categorized under China Premium Database’s Information and Communication Sector – Table CN.ICG: E-commerce: Number of Register.
Success.ai delivers comprehensive access to Small Business Contact Data, tailored to connect you with North American entrepreneurs and small business leaders. Our extensive database includes verified profiles of over 170 million professionals, ensuring direct access to decision-makers in various industries. With AI-validated accuracy, continuously updated datasets, and a focus on compliance, Success.ai empowers businesses to enhance their marketing, sales, and recruitment efforts while staying ahead in a competitive market.
Key Features of Success.ai's Small Business Contact Data:
Extensive Coverage: Access profiles for small business owners and entrepreneurs across the United States, Canada, and Mexico. Our database spans multiple industries, from retail to technology, providing diverse business insights.
Verified Contact Details: Each profile includes work emails, phone numbers, and firmographic data, enabling precise and effective outreach.
Industry-Specific Data: Target key sectors such as e-commerce, professional services, healthcare, manufacturing, and more, with tailored datasets designed to meet your specific business needs.
Real-Time Updates: Continuously updated to maintain a 99% accuracy rate, our data ensures that your campaigns are always backed by the most current information.
Ethical and Compliant: Fully compliant with GDPR and other global data protection regulations, ensuring ethical use of all contact data.
Why Choose Success.ai for Small Business Contact Data?
Best Price Guarantee: Enjoy the most competitive pricing in the market, delivering exceptional value for comprehensive and verified contact data.
AI-Validated Accuracy: Our advanced AI systems meticulously validate every data point to deliver unmatched reliability and precision.
Customizable Data Solutions: From hyper-targeted regional datasets to comprehensive industry-wide insights, we tailor our offerings to meet your exact requirements.
Scalable Access: Whether you're a startup or an enterprise, our solutions are designed to scale with your business needs.
Comprehensive Use Cases for Small Business Contact Data:
Refine your marketing strategy by leveraging verified contact details for small business owners. Execute highly personalized email, phone, and multi-channel campaigns with precision.
Identify and connect with decision-makers in key industries. Use detailed profiles to enhance your sales outreach, close deals faster, and build long-term client relationships.
Discover small business leaders and key players in specific industries to strengthen your recruitment pipeline. Access up-to-date profiles for sourcing top talent.
Gain insights into small business trends, operational challenges, and industry benchmarks. Leverage this data for competitive analysis and market positioning.
Foster partnerships with small businesses by identifying community leaders and entrepreneurial influencers in your target regions.
APIs to Enhance Your Campaigns:
Enrichment API: Integrate real-time updates into your CRM and marketing systems to maintain accurate and actionable contact data. Perfect for businesses looking to improve lead quality.
Lead Generation API: Maximize your lead generation efforts with access to verified contact details, including emails and phone numbers. Tailored for precise targeting of small business decision-makers.
Tailored Solutions for Diverse Needs:
Marketing Agencies: Create targeted campaigns with verified data for small business owners across diverse sectors.
Sales Teams: Drive revenue growth with detailed profiles and direct access to decision-makers.
Recruiters: Build a talent pipeline with current and verified data on small business leaders and professionals.
Consultants: Provide data-driven recommendations to clients by leveraging detailed small business insights.
What Sets Success.ai Apart?
170M+ Profiles: Access a vast and detailed database of small business owners and entrepreneurs.
Global Standards Compliance: Rest assured knowing all data is ethically sourced and compliant with global privacy regulations.
Flexible Integration: Seamlessly integrate data into your existing workflows with customizable delivery options.
Dedicated Support: Our team of experts is always available to ensure you maximize the value of our solutions.
Empower Your Outreach with Success.ai:
Success.ai’s Small Business Contact Data is your gateway to building meaningful connections with North American entrepreneurs. Whether you're driving targeted marketing campaigns, enhancing sales prospecting, or conducting in-depth market research, our verified datasets provide the tools you need to succeed.
Get started with Success.ai today and unlock the potential of verified Small Business ...
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Croatia - Share of enterprises' turnover on e-commerce: Small enterprises (10-49 persons employed), without financial sector was 16.50% in December of 2022, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Croatia - Share of enterprises' turnover on e-commerce: Small enterprises (10-49 persons employed), without financial sector - last updated from the EUROSTAT on March of 2025. Historically, Croatia - Share of enterprises' turnover on e-commerce: Small enterprises (10-49 persons employed), without financial sector reached a record high of 16.50% in December of 2022 and a record low of 9.00% in December of 2010.
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Hungary - Share of enterprises' turnover on e-commerce: Small enterprises (10-49 persons employed), without financial sector was 19.50% in December of 2022, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Hungary - Share of enterprises' turnover on e-commerce: Small enterprises (10-49 persons employed), without financial sector - last updated from the EUROSTAT on February of 2025. Historically, Hungary - Share of enterprises' turnover on e-commerce: Small enterprises (10-49 persons employed), without financial sector reached a record high of 23.60% in December of 2019 and a record low of 4.00% in December of 2010.
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Germany - Share of enterprises' turnover on e-commerce: Small enterprises (10-49 persons employed), without financial sector was 17.30% in December of 2022, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Share of enterprises' turnover on e-commerce: Small enterprises (10-49 persons employed), without financial sector - last updated from the EUROSTAT on March of 2025. Historically, Germany - Share of enterprises' turnover on e-commerce: Small enterprises (10-49 persons employed), without financial sector reached a record high of 20.70% in December of 2017 and a record low of 8.00% in December of 2010.
As of February 2022, nearly half (48 percent) of large and medium-sized businesses in Honduras sold their products and services online. The smaller the company, the lower the use of e-commerce. For micro and small enterprises, this figure reached 29 percent.
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Romania - Share of enterprises' turnover on e-commerce: Small enterprises (10-49 persons employed), without financial sector was 10.90% in December of 2022, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Romania - Share of enterprises' turnover on e-commerce: Small enterprises (10-49 persons employed), without financial sector - last updated from the EUROSTAT on March of 2025. Historically, Romania - Share of enterprises' turnover on e-commerce: Small enterprises (10-49 persons employed), without financial sector reached a record high of 12.40% in December of 2020 and a record low of 2.90% in December of 2011.
Nearly two-thirds of small and medium-sized businesses (SMBs) in the United States expected their e-commerce sales to increase in 2024. Nearly a quarter even foresaw a significant increase in sales.