Overview Of Singapore’s Online Markets

August 19, 2022 ⚊ 1 Min read ⚊ Views 109 ⚊ BUSINESS

The e-commerce market in Singapore continues to evolve and is expected to grow more in the upcoming few years. The annual growth rate of the online market in Singapore is 16.2% from S$7.8bn in 2021 and it is expected that it will grow up to S$14.2BN in 2025. The rising consumer spending, government support, and growing preference for online shopping is the reason behind this huge growth revealed by Global Data’s E-commerce Analytics.

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