Informes de Expertos (IDE) latest report, titled “Mercado Latinoamericano del Comercio Electrónico, Informe y Pronóstico 2021-2026”, it is projected that the Latin American e-commerce market size will reach USD XX Billion by 2026. Increasing penetration of the internet along with the proliferating use of devices such as laptops, smartphones, tablets, etc. are boosting the e-commerce industry. The COVID-19 pandemic has further changed consumers' shopping habits and they are increasingly using online platforms to order essentials and other products, hence contributing to the market growth.
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