Get All Access for $5/mo

Where E-Commerce Is Booming. Hint: Think Outside the U.S. (Infographic) A look at where online shopping is expected to grow the fastest in the next five years and which companies are leading the charge.

By Catherine Clifford

Opinions expressed by Entrepreneur contributors are their own.

Everyone in the U.S. knows Amazon, but not everyone knows Alibaba or Flipkart.

In the next five years, that's going to change.

China and India are expected to see faster e-commerce sales growth over the next five years than any other country, according to this infographic compiled by Baynote, a firm that helps companies drive personalized shopping experiences across multiple e-commerce channels. That means bigger things for Alibaba -- the e-commerce behemoth of China that currently oversees more transactions than Amazon and eBay combined – and Flipkart, the e-commerce giant of India.

Related: The Hottest Internet Jobs Right Now

Growth in e-commerce sales depends on a country's prospering middle class, access to capital and the sophistication of the mobile to computer experience, Baynote's director of marketing Marti Tedesco said in a blog post.

As e-commerce explodes, you are going to be left behind if you aren't making your business ever more mobile friendly. The expansion of e-commerce "directly translates into goods and services bought such as smartphones and electronics," Tedesco says. "Savvy retailers have capitalized on this new wealth by investing in mobile sites and apps that make buying goods online simple and accessible for more people than ever before."

Related: The Formula Startups Use to Make Billions (Infographic)

Take a look at the infographic, which was produced by Column Five Media, below to see where e-commerce is growing the fastest across the globe and which companies are leading the charge.
Click to Enlarge+
Where E-Commerce Is Booming. Hint: Think Outside the U.S. (Infographic)

Catherine Clifford

Senior Entrepreneurship Writer at CNBC

Catherine Clifford is senior entrepreneurship writer at CNBC. She was formerly a senior writer at Entrepreneur.com, the small business reporter at CNNMoney and an assistant in the New York bureau for CNN. Clifford attended Columbia University where she earned a bachelor's degree. She lives in Brooklyn, N.Y. You can follow her on Twitter at @CatClifford.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

At 16, She Started a Side Hustle While 'Stuck at Home.' Now It's on Track to Earn Over $3.1 Million This Year.

Evangelina Petrakis, 21, was in high school when she posted on social media for fun — then realized a business opportunity.

Health & Wellness

I'm a CEO, Founder and Father of 2 — Here Are 3 Practices That Help Me Maintain My Sanity.

This is a combination of active practices that I've put together over a decade of my intense entrepreneurial journey.

Business News

Remote Work Enthusiast Kevin O'Leary Does TV Appearance Wearing Suit Jacket, Tie and Pajama Bottoms

"Shark Tank" star Kevin O'Leary looks all business—until you see the wide view.

Business News

Are Apple Smart Glasses in the Works? Apple Is Eyeing Meta's Ran-Ban Success Story, According to a New Report.

Meta has sold more than 700,000 pairs of smart glasses, with demand even ahead of supply at one point.

Money & Finance

The 'Richest' U.S. City Probably Isn't Where You Think It Is

It's not located in New York or California.

Business News

Hybrid Workers Were Put to the Test Against Fully In-Office Employees — Here's Who Came Out On Top

Productivity barely changed whether employees were in the office or not. However, hybrid workers reported better job satisfaction than in-office workers.