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TechRadar
TechRadar
Craig Hale

Alternate payment methods could push global eCommerce market to $11.4 trillion by 2029

Juniper
A person using a smartphone with an ecommerce website showing on a laptop.

According to new research by Juniper, the global ecommerce market could reach a staggering $11.4 trillion by 2029, driven not by a particular area of sales, but by new and emerging payment methods.

The 63% growth, up from $7 trillion in 2024, is said to be largely driven by alternative payment methods (APMs), enabling consumers in non-card-centric markets to partake in online shopping.

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