UNCTAD's work on measuring e-commerce and the digital economy aims to build the capacity of countries to produce official statistics on e-commerce and the digital economy, and that can be used to guide policy making. Key Players of Full Case Operation. 1 UNCTAD. E-commerce share of total global retail sales from 2015 to 2021. eCommerce now comprise more than 13% of all retail revenue in 2019. We know that you are always looking to grow your customer base, boost your website traffic, and sell more products. Regional E-Commerce Sales share of Global E-Commerce was 32% in the year 2010 for the Asia Pacific. Free delivery and discounts/ coupons are the top two reasons consumers prefer to buy items online, according to the 2020 report by GlobalWebIndex . ESTIMATES OF GLOBAL E-COMMERCE 2019 AND PRELIMINARY ASSESSMENT OF COVID-19 IMPACT ON ONLINE RETAIL 2020 . 7. The eCommerce market is expected to generate over $4.5 trillion in 2021, and those numbers will continue to increase in … (Statista) That’s a hell of a lot potential … ; Amazon sales made up … the global AI market is to reach a $190.61 billion market value in 2025. The lack of such data currently constitutes a significant gap in the tool-kit governments need to design and implement ICT policies for … The global Artificial … Operator. By 2021, mobile shopping is expected to account for 72.9% of total eCommerce. E-retail totaled over $4.2 trillion in 2020. It is projected that the total global … It became 21% in 2017 and is expected to reach 18% in 2021. In Asia Pacific, Europe, and the Middle East, growth will be faster than … Second place went to ebay.com, with almost 3.5 percent. , Sep 24, 2021. In fact, as the market rights itself, 2021 will see a 6.3% decline in UK retail e-commerce sales according to eMarketer’s prediction. Get in touch with us now. Second place went to ebay.com, with almost 3.5 percent. How big is the global ecommerce market? The global ecommerce market is expected to total $4.89 trillion in 2021. That figure is estimated to grow over the next few years, showing that borderless ecommerce is becoming a profitable option for online retailers. Two years ago, only 13.6% of sales were made from online purchases. E-Mail Chart Download KEY STAT: Following a 25.7% increase in 2020, retail ecommerce sales worldwide will rise to $4.921 trillion in 2021. Asia-Pacific is by far the largest market for retail ecommerce with digital sales amounting to nearly $2.992 trillion in 2021. The market research report titled Global E-commerce Testing Service Market 2021-2027 focuses on the comprehensive analysis of the current and future prospects of the industry. Global e-commerce adoption and growth continues at breakneck levels. Retail e-commerce sales growth worldwide 2017-2024. In 2021 ecommerce growth will be uneven. 11 Surprising eCommerce Statistics About the 2021 Holidays. In 2021, there will be 3.78 billion social media users. Statista reports that “in 2021, 53.9 percent of all retail e-commerce is expected to be generated via m-commerce.” This can be credited to the ease with which consumers can download applications that facilitate purchasing goods from e-commerce stores from anywhere. In 2017, ecommerce was responsible for $2.3 trillion in sales, which is expected to nearly double to $4.5 trillion by 2021. ” Ecommerce Website Builders Market 2020: Latest Analysis” The study published on the Ecommerce Website Builders market is a systematic review that includes key parameters and indicators that are crucial to market understanding. ; eCommerce sales made up 16% of all retail revenue in the past 10 years . Retail E-Commerce Packaging Market September 2021 $ 4900 Oman E-Commerce Market - Growth, Trends, and Forecasts (2020 - 2025) January 2021 $ 3250 Global E-commerce Logistics Industry April 2021 $ 4950 Global E-commerce Payment Industry April 2021 $ 4950 Pinduoduo (PDD) and JD.com are growing much faster. This report features our latest regional and global forecast for total retail, retail ecommerce, mcommerce, and social commerce sales and digital buyers. However, e-commerce now owns 16.1% of global retail sales. It became 60% in 2017 and is expected to reach 67% in 2021. With 59.5% of the world population having access to the internet and with more consumers driven by convenience shopping, it’s not surprising to learn that global retail ecommerce sales are projected to reach $4.9 trillion by 2021.However, we also see that global payment fraud is on the rise and will cost merchants $40.62 billion in losses by 2027. Global e-commerce adoption and growth continues at breakneck levels. And $784.6B by 2027. Statistic #1: Global Number Of Digital Buyers Is Estimated To Be More Than 2.14 Billion The market is expected to reach MYR51.6bn (US$12.6bn) by 2024, increasing at a compound annual growth rate (CAGR) of 14.3% between 2020 and 2024. ; eCommerce accounted for 57% of retail gains in 2018 . ; Millennials and Gen Xers are the biggest online shoppers, with 67% of millennials and 56% of Gen Xers preferring to … Mobile commerce sales generated from smartphones is forecast to reach $432.24 billion in 2022. During a 2021 survey, 18 percent of digital shoppers reported spending money in e-grocers and supermarkets. There will be 2.05 billion online shoppers in 2020. Greetings, and welcome to the Global-e third quarter 2021 earnings call.This call is being simultaneously webcast on the company's website in the Investors section under news and events. Global E-commerce Agent Operation Service Market Size Growth Rate by Type (US$ Million):2016 VS 2021 VS 2027. Here are some general ecommerce statistics that can help bring you up to speed. In 2020, global e-retail sales grew 27.6 percent compared to the previous year. With 59.5% of the world population having access to the internet and with more consumers driven by convenience shopping, it’s not surprising to learn that global retail ecommerce sales are projected to reach $4.9 trillion by 2021.However, we also see that global payment fraud is on the rise and will cost merchants $40.62 billion in losses by 2027. The US eCommerce market amounts to $365.2 billion . USA. This report features our latest forecasts for worldwide retail ecommerce, mcommerce, and digital buyers—as well as selected regional trends for ecommerce and an update on overall retail sales. KEY STAT: In a banner year for ecommerce globally, Latin America stood out in 2020 with the fastest growth, at 36.7%. E-Commerce Statistic #1: There Are 2.14 Billion Online Shoppers Worldwide ... As a result, Statista estimates that there will be 2.14 billion global buyers online by the end of 2021. 19 E-Commerce Statistics You Need to Know. Shopify revenue up 57% year-on-year in Q2 2021 as the ecommerce boom continues. Get in touch with us now. Let’s go ahead and address the elephant in the room. This sucks. It is projected that the total global retail e-commerce sales will reach €4.1 trillion by 2021 — of which mobile commerce is expected to take a market share of 72.9%. The data from the years 2015 to 2020 is used to show the status and size of the market. Press Release Global E-Commerce Payment Market 2021 Strategic Market Growth, Key Manufacturers and Industry Demand Analysis to 2027 Published: Nov. 23, 2021 at … USA. https://www.shopify.com/enterprise/global-ecommerce-statistics GLOBAL E-COMMERCE STATISTICS OF 2017 Retail e-commerce sales worldwide were 2290 billion US dollars and are expected to rise to 2774 billion in 2018, according to Statista. Perhaps you spent ages choosing the right productsand optimizing your product pages to convince your visitors to decide to purchase from your store – and they want to! The Key Takeaway: Optimize your checkout process to reduce as many of those abandoned carts as pos… There are 9.6 million websites that use e-commerce technologies. General eCommerce Fraud Statistics. Source: UNCTAD, based on national statistics offices. Global online sales are forecast to reach 22% of all retail sales in 2023 (vs. 14.1% in 2019, Statista). Shopify posted revenues of $1.12bn in Q2 2021, a 57% rise year-on-year and a better result than estimates from experts predicted ($1.05bn). Global e-commerce sales are expected to hit $4.2 trillion in 2021. 69.4 million US consumers are expected to use mobile payments in 2020. Get in touch with us now. 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