Grand View Research also reveals that North America led the Q-commerce market in 2022, holding a 28.5% share. However, its dominance may soon be challenged by the booming Asia-Pacific region, with a blazing 27.8% annual growth rate. Сountries like India, China, Japan, Indonesia, Singapore, and Thailand are seeing an explosion of Q-commerce startups.
Europe claims third place with about 15% of the global market, as noted by
Coherent Market Insights. And while Latin America may not yet match these regions in revenue, its Q-commerce scene is showing rapid growth and popularity.