E-commerce can grow 11% per year until 2019, says study

São Paulo-study of Bain Consulting Company that designs & commerce can grow 11% annually in Brazil until 2019.
The expectation is that the industry turnover pass the $ 11 billion in 2015 to $ 16 billion four years later.
The expected growth rate is smaller than that of four years between 2011 and 2015, at which point the Brazilian e-commerce surged from 17% a year, according to the data of the study.
The expectation is still an increase of transactions through mobile devices, such as cell phones and tablets.
The study draws attention to features of the Brazilian e-commerce market, considered more closed to foreign competitors.
Still, the Brazilian e-commerce is considered competitive for the study, which accounts for the three biggest companies in the sector have together a slice of 60% of the market.