Correction: Cdnetworks Integrates Web Performance And Security For Media — Sorasirulo
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Correction: Cdnetworks Integrates Web Performance And Security For Media

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ANG SAN MEI. SINGAPORE. E-commerce is witnessing explosive growth. According to Frost & Sullivan, the global e-commerce market, which amassed more than US$1.5 trillion in 2015, is projected to exceed US$3.0 trillion by 2018.

This fast expansion in e-commerce is driven primarily by improvements in technology and the increasing pace of technology adoption. With the proliferation of smart phones, tablets and wireless networks, more and more consumers have jumped on the Internet bandwagon and grown increasingly confident in dealing with online activities and transactions.

The increased confidence has resulted in impatient and demanding online consumers. Research by Frost & Sullivan shows that the slow loading time of Web pages is one of the main reasons why customers move from one e-Commerce company to another. This page-loading delay - also known as latency - translates into a loss of customers and revenue, not to mention the negative impact on a company's brand. For instance, an e-commerce website making daily sales of $100,000 is expected to lose $2.5 million annually due to a one-second page delay .

"Consumers evaluate their online service providers continuously during every login,

at every purchase, and at every return" -- Frost & Sullivan

Read the Frost & Sullivan whitepaper here - http://www.cdnetworks.com.sg/resources-whitepapers/e-commerce-retailers-the-next-billion-opportunity-are-we-ready