Singapore – The Strong Growth in eCommerce
The eCommerce market is very strong in Singapore after Covid-19. Because customers are shopping online due to health and safety restrictions. According to the survey, Singapore is one of the topmost IT hubs where innovation and technology are at their peak. Expanding eCommerce operations, several home-led and global brands have been exploring the area to improve online sales and productivity With the comprehensive and constant support of the Singaporean government.
eCommerce market has extreme growth in Singapore because of High-speed internet connectivity, tech-savvy population, and the best efforts of the Government to become a digital-first nation. As per our research, the report tells that the eCommerce industry in Singapore will be worth USD 5.4 Billion by 2025.
Statistical Information About Singapore eCommerce
As per Statista, Revenue in the eCommerce market is projected to reach US$7.29bn in 2022. Income is predicted to deliver an annual development rate (CAGR 2022-2025) of 16.23%, resulting in a launched market volume of US$11.45bn by 2025. In the eCommerce market, the number of users is anticipated to amount to 4.1m users by 2025. Many industries have future scope for eCommerce startups. Such as – Fashion, Electronics, Beauty & healthcare, Food, and Toys. Those industries are booming & beneficial in the Singapore eCommerce market by 2025.
Singapore eCommerce hub - Analyzing the opportunities
As per Global Data, Stats says that the eCommerce market is at a growth rate of 126.2% in 2025. Attend the growth-driven eCommerce system, Meet Magento Singapore explores the opportunities and prospects around the eCommerce Creation and evolution around the globe.
How merchants and retailers can profit from this forward-thinking economy?
The main aim of this conference is to bring together the active eCommerce network and be able to share success stories, case studies, New features, and much more.
Singapore eCommerce Growth - Trends | Insights | Knowledge
At present, there’re approximately 250+ million users in the SEA region. As per our survey, Singapore is the 4th largest country to have a large eCommerce market worldwide. The B2C eCommerce market is assumed to be valued at US$770 billion. Meet Magento allows you to learn about the modern eCommerce developments and trends in the SEA. These understandings will completely affect your business development and growth strategies in the region and allow you maximum online traction and traffic. The development and quick improvement of SEA’s leading eCommerce companies persist to play a vital role in the advancement of digitization and commerce.
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The Singapore Expo 2022
Singapore is heading to be held on the 28th & 29th of September at the Singapore Expo. This leading event is for business owners, entrepreneurs, and startup owners to collect under a roof and explore countless business possibilities.
Why It is beneficial for the eCommerce Industry?
The growth of the eCommerce industry can increase the competition in the retail markets by many folds. In such a scenario, any advantage that businesses can have could be the difference between defeat and triumph.
300 industry-leading exhibitors showcasing all the latest products and services required to take their business to the next level by building an eCommerce store. You can Convert retailers into your Client.
If exhibitors have their own eCommerce store – You can suggest the upgradation, Migration, and Maintenance.
If the Client is a non-technical person – You have to suggest the best technology as per their requirements and build an eCommerce store successfully.
Meet Magento Singapore 2022 – An international event
The Meet Magento Singapore (#MM22SG) conference, a global eCommerce event – Which has been held on 25th August 2022 at Marina Bay Sands, Singapore. We are happy to inform you that BornTechies will be a part of this thrilling event. Meet Magento Singapore is an international convention concentrated on digital commerce and growth. This event gathers the whole Magento Community under one roof to explore the latest Magento developments, market strength, Success stories, and latest trends. Meet Magento Singapore is an event that binds the Magento ecosystem together and celebrates its milestones with complete warmth and power.
Why should you join Meet Magento Singapore?
Currently reaching to the only question in your mind, “Why should you attend Meet Magento Singapore?”
Here are the causes as to why you should attend the Meet Magento Singapore conference this year.
Build A Strong Network With Vendors | Developers | Top Industries | Agencies
Meet Magento Singapore 2022 will be an incredible prospect for Magento Community associates to establish unique contacts and build business networks with over hundreds of leading companies, merchants, developers, and agencies in the SEA territory. This international event permits you to network with the most significant pioneers of the eCommerce industry, Magento experts, Magento developers, Magento Partners, and service providers.
Of course, as you grow your network in the community, you explore more profitable business possibilities, enhance the lead generation approach, and acquire invited-to similar events in the future.
Are you coming to attend a Meet Magento Singapore Event at Singapore?
Ohh! That’s great!!!
Let’s have a cup of coffee and share your eCommerce Requirements – Get the best Solutions!!!
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If you are excited about Magento and want to be well-informed with the modern trends, you can’t miss the Meet Magento Singapore 2022 event.
Register Today: https://meetmagento.sg/meet-magento-sg-2022-tickets/ & get ready to have a fun, insightful day, and have a cup of coffee ☕️ together with eCommerce gossip, and most precious cup of coffee with us.
Do you want to receive a free consultation about how to optimize your store and generate more sales? Reach us out at [email protected] or contact us, and we will be more than happy to help you out.