In 2019, global eCommerce sales amounted to 3.53 trillion US dollars and e-commerce revenues are projected to grow to 6.54 trillion US dollars in 2023. The eCommerce industry is booming, and there’s no better time to get started than now! With so much growth potential, you won’t want to miss out on your chance to get a piece of the pie. Ecommerce will continue to gain popularity due to the convenience and ease of shopping from home.
-Ecommerce sales in the United States are projected to reach 735 billion U.S. dollars in 2023, up from 601.7 billion in 2019, according to eMarketer.
-The United States is the leading country in terms of eCommerce sales, followed by China and Japan.
-Approximately 263 million people in the United States shopped online in 2019. This figure is expected to grow to 278 million by 2022.
-A study by Accenture found that 62 percent of consumers are more likely to purchase from a company if they offer a personalized experience.
-In 2020, eCommerce accounted for 11.9% of all retail sales worldwide
-The average order value of an email is $138
-51% of Americans prefer to shop online rather than in-store
-91% of shoppers say they would shop more often with retailers who recognize them by name, recommend products based on past purchases, or provide relevant offers and recommendations
-A study by the Boston Consulting Group found that Ecommerce could add $1 trillion to the Indian economy by 2025
-In 2019, China’s eCommerce sales reached $1.9 trillion and are projected to grow to $2.9 trillion by 2022
-The most popular eCommerce platforms are Amazon and Alibaba
-The UK Ecommerce market is worth £133.38 billion
-In 2019, eCommerce sales in Germany amounted to 97.34 billion euros
-Ecommerce in France is expected to grow by 9% in 2020
-The Ecommerce market in Italy is worth 35.54 billion euros
-Spain’s eCommerce market is worth 24.66 billion euros; Asia Pacific E-commerce Stat’s
-Ecommerce sales in Australia are expected to reach 43.64 billion Australian dollars by 2023
-The eCommerce market in China is worth $2 trillion
-South Korea’s eCommerce market is worth $63.4 billion
-Ecommerce sales in Japan are expected to reach $186.43 billion by 2021
-Ecommerce sales in Saudi Arabia are expected to reach $27.5 billion by 2022
-The eCommerce market in South Africa is worth $16.5 billion
-Nigeria’s eCommerce market is expected to reach $29 billion by 2025
-Kenya’s eCommerce market is worth $2.2 billion
-Ecommerce sales in Argentina are expected to reach $6.36 billion by 2022
-Brazil’s eCommerce market is worth $27.5 billion
-Mexico’s eCommerce market is worth $13.21 billion
-The Ecommerce market in the United Arab Emirates is worth $10 billion
-Ecommerce sales in Turkey are expected to reach $59.6 billion by 2025
Ecommerce is growing rapidly all over the world and is expected to continue to do so in the coming years. Ecommerce businesses need to stay up to date on the latest trends and technologies and statistics to be successful.
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