Oct 31, 2022
The eCommerce industry is one of the fastest-growing industries in the United States. An estimated 20% of retail sales will be online this year, up from 7.6% five years prior.
Amazon's share of the overall pie continues to grow, with Walmart lagging behind at 7%. The number of US e-commerce companies is expected to rise 18.4% per year on average to 176,505.
Consumers are using their mobile internet connections to purchase items on the go. The threat of regulation may hamper sales, and heightened competition is projected to slow profit growth.
More info about 20+ eCommerce industry statistics in 7 charts:
Connect with us: