Trusted by more than 23,000 companies
Asia leads the ranking of biggest e-commerce markets worldwide. The total revenue of online retail in Asian countries added up to nearly two trillion U.S. dollars in 2024. This was approximately 500 million U.S. dollars higher than the e-commerce revenue reached in the Americas. Australia, Oceania, and Africa achieved far lower e-commerce revenues in 2024, with values below 50 billion U.S. dollars. Asia’s leading position can mostly be ascribed to China, which achieved a revenue of over 1.4 billion U.S. dollars in 2024.
The e-commerce market is highly developed on the Asian continent, and will continue to grow. For instance, India is among the countries with the highest Compound Annual Growth Rate (CAGR) for its e-commerce market. Between 2024 and 2029, the market value is forecast to grow with over 11 percent annually. The Latin-American e-commerce market is also forecast to grow quickly in the coming years.
Large Asian e-commerce markets have a strong influence over the rest of the world. A concrete example of an Asian e-commerce channel that is being adopted in the West is the TikTok Shop, connecting social media and e-commerce to form social commerce.
In the week ending December 3, 2024, the Steam Deck gaming hardware returned to the top spot on the charts as the top-selling gaming product based on dollar sales on Steam. Cyberpunk 2077 was ranked second, and the newly released Call of Duty: Black Ops 6 placed third in terms of weekly revenue.
The 1960 Great Chilean earthquake was the largest measured on the Richter scale, with a magnitude of 9.5. The second most powerful earthquake since 1900 took place in Alaska in 1964. An earthquake with a magnitude of 9.0 and higher is defined as causing near or total destruction, including severe damage or collapse to all buildings.
Earthquakes and the Richter scale – additional informationAn earthquake occurs when two tectonic plates under the Earth’s surface slip past one another, resulting in the sudden release of energy in the Earth's crust. The sudden violent tremors can cause destruction to infrastructure, human injury, and even death.
There are a number of ways to measure the magnitude of an earthquake. One of the first and most widely-used methods is the Richter scale. The Richter magnitude scale was developed by the seismologist, Charles F. Richter, in 1935. On the Richter Scale, magnitude is expressed in whole numbers and decimal fractions, but is based on a logarithmic scale. For example, a magnitude 5.3 might be computed for a moderate earthquake, and a strong earthquake might be rated as magnitude 6.3.
Despite its strong magnitude, the earthquake in Chile in 1960 does not appear on the list of the 10 deadliest earthquakes in the world since 1900. The 1976 earthquake in Tangshan, China, caused the highest death toll, while the earthquake that hit Haiti in 2010 caused the second highest death toll.
The homeownership rate in the United States amounted to nearly 66 percent in the third quarter of 2024. While there are many factors that affect people’s decision to buy a house, the recent decrease can be attributed to the higher mortgage interest rates, which make taking out a mortgage less affordable for potential buyers, especially considering the surge in house prices in recent years.
Age and ethnicity have a strong correlation with homeownership. Baby boomers, for example, are twice as likely to own their home than Millennials. Also, the homeownership rate among white Americans is substantially higher than among any other ethnicity.
Having a home is an integral part of the “American Dream”. Compared with selected European countries, the U.S. ranks alongside the United Kingdom, Cyprus, and Ireland. Many countries in Europe, however, exceed 80 percent homeownership rate.
When it comes to the most well-known social networks in the United States, YouTube and Facebook are leading the pack with a brand awareness of 96 and 95 percent respectively, among internet users.
For this study, brand awareness was surveyed employing the concept of aided brand recognition, showing respondents both the brand's logo and the written brand name.
Based on the revenue from the first three quarters of 2024, Naura Technology Group was China's leading semiconductor equipment manufacturer, generating a revenue of over 20 billion yuan. The sophistication of the machinery necessary to manufacture cutting-edge semiconductors is one of the key vectors in the development of smaller and more capable integrated circuits. Globally, there are only a handful of companies that have the know-how to build the most advanced semiconductor equipment. These companies find themselves caught in the tug-of-war between China and the United States.
The most expensive area in Seoul, South Korea as of May 2024 was Gangnam-gu with an average apartment selling price of around 2.25 billion South Korean won. The Gangnam area, which includes Gangnam-gu, Seocho-gu, Yongsan-gu, and Songpa-gu, is one of the richest neighborhoods in South Korea.
What is Gangnam Style?
Gangnam has developed greatly since the 1960s with intensive government investment. It literally means 'south of the Han River' and is one of the busiest entertainment districts including Hongdae and Itaewon. Gangnam is also known as a place where people with a high level of education or wealth live. These backgrounds motivated Psy, the well-known Korean singer, rapper, and songwriter, to write his internationally popular song “Gangnam Style”.
Luxury apartments in South Korea
The average purchasing price of apartments in the country has almost doubled in the last 10 years. Part of the reason for this are the multiple luxury-branded apartment complexes in Seoul. Located in Gangnam-gu in Seoul, The Penthouse Cheongdam was the most expensive, with a transaction amount of around 16.4 billion South Korean won.
In the United Kingdom, Aldi, M&S Food, and Lidl were the most popular three supermarket chains in Q4 2024. All three topped the ranking with 78 percent of respondents having a positive opinion of the food retailer. Sainsbury's and Tesco came in second and third places and were popular with 74 percent and 72 percent of those polled in this study, respectively.
The entire UK grocery market was worth almost 212 billion British pounds in 2021. Market leader Tesco operated over 4,100 stores in 2023. In comparison, mixed retailer M&S operated slightly over 1,050 stores in the UK.
M&S is a mixed retailer and sometimes not even included in statistics about the UK grocery market. When viewed as a grocery store, the company had a market share of slightly over three percent as of August 2021. Compared other grocery and food retailers, M&S is only a minor player on the market. Since the first of September 2020, M&S grocery products can be ordered via the online grocery store Ocado.
The level of trust in the church (including all churches) varied remarkably among Latin American countries. Paraguay and Honduras were the countries with the highest level of trust in the church, at 77 and 74 percent respectively. In Chile, where the sex abuse scandals uncovered in 2018 severely damaged the institution's reputation, trust level was merely at 31 percent, the second lowest in the region.
In 2023, Nigeria and Algeria were the main exporters of mineral fuels and mineral oils in Africa. The countries obtained approximately 55.6 billion U.S. dollars and 52 billion U.S. dollars, respectively, from the trade. The exports also included distilled mineral products, bituminous substances, and mineral waxes. Angola, Libya, and South Africa were other leading countries in mineral fuel and oil exports in Africa.
Discover data on your market
Gain access to valuable and comparable market data for over 190+ countries, territories, and regions with our Market Insights. Get deep insights into important figures, e.g., revenue metrics, key performance indicators, and much more.
Discover our market insights* For commercial use only
The Consumer Insights helps marketers, planners and product managers to understand consumer behavior and their interaction with brands. Explore consumption and media usage on a global basis.
With an increasing number of Statista-cited media articles, Statista has established itself as a reliable partner for the largest media companies of the world.
Our reliabilityOver 500 researchers and specialists gather and double-check every statistic we publish. Experts provide country and industry-based forecasts.
Our teamWith our solutions you find data that matters within minutes – ready to go in your favorite format.
Our accounts
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.
