Top 5 Countries with the Largest E-Commerce Industry

3. Japan

Market Size: $153.98 billion

Japan has a highly stable and robust e-commerce market that experienced exceptional growth in 2022 as the business-to-consumer (B2C) sector reached a value of  $152.3 billion, a 9.9% year-on-year increase. This market has doubled in size since 2013 when it was $75.04 billion. While digital product sales, such as online games, declined by 6.1% to $17.42 billion, e-commerce accounted for over 50% of the market for publications, visual media, and music software.