What is global ecommerce growth projections & retail sales data?

This section covers global eCommerce growth projections and retail sales data for better business decision-making. These eCommerce statistics are relevant for all online retailers, regardless of location. In 2023, eCommerce made up 19.5% of global retail sales.

Is e-commerce a part of global retail?

Over the last few years, e-commerce has become an indispensable part of global retail.

How big is the e-commerce market?

The eCommerce market is expected to generate $5.5 trillion, with sales projected to claim 23% of the global retail sector by 2027. Around 2.77 billion online shoppers are expected by 2025. The U.S. eCommerce market achieved $925.4 billion in revenue in 2023. Six out of ten shopping journeys start online.

🏅 Internet Retail Sales

Q: What is a quarterly e-commerce sale?

Frequency: Quarterly E-commerce sales are sales of goods and services where the buyer places an order, or the price and terms of the sale are negotiated over an Internet, mobile device (M-commerce), extranet, Electronic Data Interchange (EDI) network, electronic mail, or other comparable online system. Payment may or may not be made online.

E-commerce worldwide - statistics & facts | Statista

· In 2024, retail e-commerce sales are estimated to exceed 6.3 trillion U.S. dollars worldwide, and this figure is expected to reach new heights in the coming years. E-commerce market leaders

May 16, 2024

Is Online Shopping Killing the High Street?

· After hitting a peak 100% increase, online retail sales fell back, close to 0% by late 2020 with some ups and downs. From 2022 onward, changes stabilised with a slight overall upward trend through mid-2023. This shows that, although the trend of internet retail sales has stabilised over the next few years, the general direction is obvious.

3 days ago

Great Britain: internet retail sales quarterly trend 2024 | Statista

· Internet retail sales value trend quarterly in Great Britain 2010-2024. The value of retail internet sales in Great Britain showed the highest growth in the first three months of 2021, with an ...

6 days ago

33 eCommerce Statistics and How to Capitalize on Them in 2024 - Hostinger

· Around 82% of Chinese internet users buy from eCommerce stores, highlighting the high penetration rate of online shopping. Representing 17.72% of the world population, China plays a significant role in global retail eCommerce sales. China’s eCommerce market share accounts for 52% of total retail sales.

May 16, 2024

Amazon - statistics & facts | Statista

· The international e-commerce behemoth has redefined standards of online retail and shopping services, making the most out of the marketplace business model. The steadily increasing sales figures ...

May 16, 2024

E-Commerce Retail Sales (ECOMSA) | FRED | St. Louis Fed

· E-commerce sales are sales of goods and services where the buyer places an order, or the price and terms of the sale are negotiated over an Internet, mobile device (M-commerce), extranet, Electronic Data Interchange (EDI) network, electronic mail, or other comparable online system. Payment may or may not be made online. U.S. Census Bureau, E ...

5 days ago

Quarterly Retail E-Commerce Sales - Census.gov

· Quarterly Retail E-Commerce Sales Report The Census Bureau of the Department of Commerce announced today that the estimate of U.S. retail e-commerce sales for the first quarter of 2024, adjusted for seasonal variation, but not for price changes, was $289.2 billion, an increase of 2.1 percent (±0.7%) from the fourth quarter of 2023.

6 days ago

Global Ecommerce: Size, Growth & Where to Start [2024]

· Worldwide retail ecommerce sales reached $4.2 trillion–a 26.4% increase from the previous year. Although we’ve stopped seeing pandemic-level growth, online retail sales have continued to grow albeit at a slower pace than in 2020. eMarketer projects that global ecommerce sales will hit $5.5 trillion in 2022, with year-over-year growth of 12.2%.

5 days ago

Internet Retail Stores

Is Online Shopping Killing the High Street?

After hitting a peak 100% increase, online retail sales fell back, close to 0% by late 2020 with some ups and downs. From 2022 onward, changes stabilised with a slight overall upward trend through mid-2023. This shows that, although the trend of internet retail sales has stabilised over the next few years, the general direction is obvious.

E-commerce worldwide - statistics & facts | Statista

The Seattle-based e-commerce giant that offers e-retail, computing services, consumer electronics, and digital content registered 6.1 billion direct visits to its .com website in December 2023. In ...

45 Best Online Homeware And Furniture Stores In The UK - Country Living

Good sleep matters, and quality beds can help. Dreams is the leading UK specialist for beds, and stock a huge array of traditional wooden bed frames, sumptuously upholstered storage ottomans, and the best handmade mattresses. Shop Dreams. 16. Carpetright.

Great Britain: internet retail sales quarterly trend 2024 | Statista

Internet retail sales value trend quarterly in Great Britain 2010-2024. The value of retail internet sales in Great Britain showed the highest growth in the first three months of 2021, with an ...

How To Get Your Product in Stores: 6 Steps (2024) - Shopify

Don’t rely on retail stores alone; 1. Understand when you’re ready for retail stores. Mike D’s BBQ can be found all over the eastern United States. Mike started online, grew his own store in Durham, North Carolina, and now his sauce can be bought at dozens of retailers—one as far away as northern Wisconsin.

10 Retail Trends That Will Impact the Retail Industry in 2023

Estimates say that 91% of internet users interact with a chatbot daily. 10. Increased Use of Voice Search and Personal Assistants. Another specialist application for AI is an increase in the use of voice search and personal assistants. ... Duty free stores Convenience stores Retail stores. About the Author.

Amazon - statistics & facts | Statista

The international e-commerce behemoth has redefined standards of online retail and shopping services, making the most out of the marketplace business model. The steadily increasing sales figures ...

Ecommerce Research & News – Digital Commerce 360

Internet Retail Company

Top 10 E-commerce Companies in the UK: A Comprehe… - Cotinga

· Established in 1884, the company has grown to operate 970 stores across the UK and 450 international outlets. Marks & Spencer’s online platform was launched in 1999, marking a pivotal shift towards digital retailing. The company’s e-commerce success is supported by a robust logistics network, including a new 450,000 sq ft distribution center.

3 days ago

Amazon.com | E-commerce, Amazon Web Services, History, & Facts ...

· Amazon.com is a Seattle, Washington–based e-commerce and cloud computing giant whose humble beginnings can be traced to founder Jeff Bezos’s garage, where he began selling books on the still-emerging World Wide Web.. Although the company is best known among consumers for its retail platform, a majority of its operating profits (as of 2024) come from its cloud computing division, Amazon Web ...

3 days ago

E-commerce worldwide - statistics & facts | Statista

· Basic Statistic Leading internet and online services companies worldwide 2023, by market cap Premium Statistic Revenue CAGR of selected online service company verticals 2022-2024

May 16, 2024

Amazon (company) - Wikipedia

Amazon.com, Inc., doing business as Amazon (/ ˈ æ m ə z ɒ n /, AM-ə-zon; UK also / ˈ æ m ə z ə n /, AM-ə-zən), is an American multinational technology company, engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It is considered one of the Big Five American technology companies; the other four are Alphabet (parent company of ...

Amazon - statistics & facts | Statista

· Most of Amazon's revenue is generated through e-retail sales of different categories of products, ... (CAGR) of selected internet and online service company verticals worldwide between 2022 and 2024.

May 16, 2024

COMPANY SPOTLIGHT Shein - InternetRetailing

· COMPANY SPOTLIGHT Shein. Singapore-based Shein has grown fast through what it terms a “new kind of fashion business model” that provides customers in more than 150 countries with the products they want to buy, on demand. The marketplace, founded in 2012, engages with shoppers through discount-driven offers on its website, mobile app and on ...

May 16, 2024

Top 10 Online Retailers

Top 10 E-commerce Companies in the UK: A Comprehe… - Cotinga

· In addition to physical stores, Tesco has significantly expanded its e-commerce capabilities, making it one of the top grocery online stores in 2023. Tesco.com topped the ranking of online grocery stores in the United Kingdom, generating an estimated 4.16 billion U.S. dollars in e-commerce net sales. This achievement highlights Tesco’s strong ...

3 days ago

45 Best Online Homeware And Furniture Stores In The UK - Country Living

· Good sleep matters, and quality beds can help. Dreams is the leading UK specialist for beds, and stock a huge array of traditional wooden bed frames, sumptuously upholstered storage ottomans, and the best handmade mattresses. Shop Dreams. 16. Carpetright.

May 16, 2024

The Top 10 Biggest Retailers in the UK (Ranking) - retailboss.co

· The UK retail landscape is characterized by the dominance of traditional supermarket chains and the rapid growth of discount retailers. According to Retail Navigator's latest rankings, the top 10 biggest retailers in the UK showcase a blend of established giants and rising stars. Leading the pack are household names like Tesco and Sainsbury's, whose efficient supply chain management and ...

3 days ago

E-commerce worldwide - statistics & facts | Statista

· Detailed information for 39,000+ online stores and marketplaces 70+ KPIs per store Revenue analytics and forecasts ... Top 10 countries worldwide based on number of buy now, pay later (BNPL) users ...

May 16, 2024

Amazon - statistics & facts | Statista

· Leading edible grocery online retailers worldwide 2021-2026, by sales Leading e-commerce edible grocery retailers worldwide in 2021 and 2026, based on estimated sales (in billion U.S. dollars)

May 16, 2024

‘Online retailers must focus on customer experience if they want a ...

· “Online retailers like Amazon have certainly had success by offering a good, efficient service, but this is something smaller online retailers will not be able to compete with. If they want to secure a loyal following, they have to be offering them an immersive experience.” ...

May 16, 2024

Top 10 Online Stores in the U.S: Amazon Sold More Than All Other Top 5 ...

· A look at the main product categories of these top 10 online stores reveals that Electronics is the dominant retail sector, represented by four stores. Hobby & Leisure and Fashion follow with three and two stores respectively, while only one top 10 shop has DIY as its main category. U.S. eCommerce Penetration Rate Might Reach 87% By 2029

May 16, 2024

List Of Online Retailers

The Top 10 Ecommerce Sites of 2024 - Ecommerce Platforms

· The ecommerce site has millions of active buyer and seller accounts and gets a spot on our list of the top 10 ecommerce sites of 2024 because of its established trust and reputation as an online marketplace. 3. Rakuten. Monthly traffic: Over 1.5 billion (Similarweb) Rakuten is an online marketplace in Japan and was launched in 1997.

6 days ago

45 Best Online Homeware And Furniture Stores In The UK - Country Living

May 16, 2024

E-commerce worldwide - statistics & facts | Statista

· The Seattle-based e-commerce giant that offers e-retail, computing services, consumer electronics, and digital content registered 6.1 billion direct visits to its .com website in December 2023. In ...

May 16, 2024

Amazon - statistics & facts | Statista

· Leading edible grocery online retailers worldwide 2021-2026, by sales Leading e-commerce edible grocery retailers worldwide in 2021 and 2026, based on estimated sales (in billion U.S. dollars)

May 16, 2024

What are the Different Types of eCommerce Retail Models?

· This is the most common retail model in the traditional shopping world and continues to be so for online retailers. Here, the retailer is structured as a business (company, sole trader, partnership, or some other valid type) and sells goods to end users (consumers). B2C retailers are the last link in a supply chain between manufacturer and ...

May 16, 2024

Top 10 Online Stores in the U.S: Amazon Sold More Than All Other Top 5 ...

· The top three online stores — Amazon.com, Walmart.com, and Apple.com — distinctly dominate the field, collectively amassing over US$225 billion in net sales. 1. Amazon.com. Amazon.com is the undisputed leader in the U.S. online retail sector, boasting impressive sales of US$135.2 billion in 2023, far surpassing its competitors. Dominating ...

May 16, 2024

7 Best eCommerce Platforms in 2024 (Reviewed & Compared!) - Bitcatcha

· Top 7 Best eCommerce Platforms. Zyro – Best overall eCommerce platform for beginners. Wix – Great premium eCommerce platform. Sellfy – Great digital product eCommerce platform. Square – Most established eCommerce platform for PoS integration. Shopify – Great multi-channel eCommerce platform. Ecwid – Great plug-in eCommerce platform.

2 days ago

20 Best Ecommerce Platforms Reviewed for 2024 | The Ecomm Manager

· Subbly — Best for subscription-based ecommerce models. 2. Wix eCommerce — Best for non-technical users. 3. Ecwid by Lightspeed — Best for social media selling. 4. Shopify — Best for a range of integrations. 5. Sana Commerce Cloud — Best ecommerce platform for B2B sales.

6 days ago

Internet Retail Connection

How can on-site servers enable richer retail experiences?

· But when you run an app locally, you get better performance and integration with the rest of your mobile experience. With an app, depending on what operations you want to do, some of them can still be performed even when you have an intermittent internet connection. An example you may be familiar with is Google Docs.

2 days ago

Retail Media Networks: A Complete Guide for Brands and Sellers

· According to a report from Insider Intelligence, US advertisers are projected to allocate close to $30 billion toward retail media search ads by 2023 – accounting for more than 27% of the total spending on search ads. Furthermore, this expenditure is expected to double by 2025. Interestingly, Amazon alone contributes to 21% of this ...

May 16, 2024

Why small businesses should embrace VoIP technology now — Retail ...

· This innovative communication solution allows businesses to make phone calls using an internet connection rather than traditional telephone lines. VoIP technology, or Voice over Internet Protocol, has been rapidly gaining popularity over the past few years - and for good reason. ... Retail technology Staff Writer May 17, 2024 Retail technology ...

4 days ago

E-commerce worldwide - statistics & facts | Statista

May 16, 2024

Retail Media: Everything You Need to Know - Retail TouchPoints

· Retail media is the broader term used to describe the concept of retailers using their systems, infrastructure (like a retailer’s ecommerce site and/or its stores), data and access to shoppers to help advertisers reach consumers. A retail media network is the actual platform that retailers put in place to do this.

5 days ago

Check Broadband Deals In Your Area - Uswitch Postcode Checker

· Firstly, the cheapest broadband deals on Uswitch offer internet services from around £18 per month. And depending on whether an altnet provider is in your area, you could get 100Mbps full fibre ...

May 16, 2024

Broadband Only Deals May 2024 - MoneySuperMarket

· per month. (Prices may change during contract) £32.94. Avg. monthly cost. More Details. Visit now. Data last updated: Sunday 19 May 2024 at 11:12. *Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Speed can be affected by a range of technical and environmental factors.

2 days ago

Great Britain: internet retail sales quarterly trend 2024 | Statista

· The value of retail internet sales in Great Britain showed the highest growth in the first three months of 2021, with an almost 80-percent increase. In the first quarter 2024, internet retail ...

6 days ago

Internet Retail Sales Sites

10 Best Sites to Sell Online: Picking the Best Marketplace for 2024

· 2. Amazon. When it comes to online selling sites, Amazon is a frontrunner. As the number one destination for product searches, it is a top pick among entrepreneurs looking to start a multi-million dollar empire. One reason for its success is it offers a wide range of products for various audiences.

3 days ago

14 Websites to Sell Products Online in 2024 - Influencer Marketing Hub

· All in all, if you do not mind paying eBay’s fees, it offers you the ability to sell almost anything to a huge network of buyers. 6. Etsy. Etsy is a popular marketplace for selling handmade products online. As the platform is easy to use, it is one of the best websites for selling your products online.

2 days ago

The Top 10 Ecommerce Sites of 2024 - Ecommerce Platforms

· There are some ecommerce sites that are household names. In this article, we’ll explore the top 10 ecommerce sites of 2024 and dig deeper into what makes them so special. 1. Amazon. Monthly traffic: Over 2 billion (Similarweb) You may already know this, but Amazon started as an online bookstore in 1994.

6 days ago

21 Great Places to Sell Your Stuff Online (That Are All Legit) - Bitcatcha

· Here are some of the biggest US online marketplaces where you can sell your stuff: 1. Amazon. Start selling your stuff on Amazon. Kickstarting this list is Amazon, one of the biggest e-commerce platforms in both the US and the world, with a reported 5.2 billion visits per month.

6 days ago

22 Most Popular Selling Sites and Marketplaces for Selling Things Online

· 11. Poshmark: Poshmark is a social shopping site that works best when there are lots of active fashion buyers and sellers. Pros: The interface is easy to use, the social features make it fun to use, and the fees for selling clothes are cheaper. Cons: Pay attention to modern trends; the competition can be tough.

5 days ago

25 Best eCommerce Websites With Fantastic Designs (2024) - Hostinger

· 8. Crate & Barrel. Crate & Barrel sells home essentials and houseware, from furniture and kitchen appliances to decor and lighting. Founded in 1962, this eCommerce business establishes itself as offering sophisticated, modern, and high-quality homeware. The company’s eCommerce platform reflects its branding with a light and clean interface.

3 days ago

E-commerce worldwide - statistics & facts | Statista

· In 2024, retail e-commerce sales are estimated to exceed 6.3 trillion U.S. dollars worldwide, and this figure is expected to reach new heights in the coming years. E-commerce market leaders

May 16, 2024

20 Best Ecommerce Platforms Reviewed for 2024 | The Ecomm Manager

· Wix eCommerce — Best for non-technical users. 3. Ecwid by Lightspeed — Best for social media selling. 4. Shopify — Best for a range of integrations. 5. Sana Commerce Cloud — Best ecommerce platform for B2B sales. 6. Adobe Commerce — Best for data-driven companies.

6 days ago

FAQS