Quick Answer: How Big Is The E Commerce Market?

How many e commerce transactions are there worldwide?

Global ecommerce sales to reach nearly $3.46 trillion in 2019 | Digital Commerce 360..

What is the number 1 ecommerce site?

Amazon is the largest online retailer in the United States.

Who is No 1 company of world?

The World’s 100 Best Companies, 2020RankCompanyCountry1ICBCChina2China Construction BankChina3JPMorgan ChaseUnited States4Berkshire HathawayUnited States69 more rows•May 16, 2020

What states shop online the most?

The 13 States Where People Spend The Most Money When Buying Things Online#7 Montana. … #6 California. … #5 Florida. … #4 Wyoming. Robert Johnson — BI Military & Defense. … #3 Hawaii. Flickr/shchukin. … #2 Idaho. University of Idaho. … #1 Alaska. yksin/Flickr. … Now see some major trends that are changing how we shop. By antwerpenR on Flickr.More items…•

How much did ecommerce grow in 2019?

eMarketer 2019 Global Ecommerce Forecast Amid this backdrop of declining momentum, we estimate that global ecommerce will rise 20.7% in 2019 to $3.535 trillion. Despite its obviously strong growth rate, 2019 will experience a decline from the previous two years when ecommerce grew 28.0% in 2017 and 22.9% in 2018.

Which ecommerce site is best?

Here Are The Best Ecommerce PlatformsBigCommerce.Shopify.Wix.3dcart.WooCommerce.Volusion.Prestashop.Weebly.More items…

What are the most successful ecommerce sites?

The 10 Best Looking, Most Successful Ecommerce WebsitesAmazon. Amazon is the king of successful ecommerce sites, but it didn’t get there overnight. … Walmart. … Apple. … Staples. … Macy’s. … The Home Depot. … Harry’s. … Forever 21.More items…•

How much is e commerce worth?

In 2019, retail e-commerce sales worldwide amounted to 3.53 trillion US dollars and e-retail revenues are projected to grow to 6.54 trillion US dollars in 2022. Online shopping is one of the most popular online activities worldwide.

Which country uses online shopping the most?

The countries with the highest ecommerce activity are the United Kingdom (87% of the population buys online), Sweden (84%), and Germany and the Netherlands (83%). The fewest opportunities are in Romania, where only 27% of the population makes online purchases.

What is the largest e commerce?

AmazonAs a new decade begins, Amazon still reigns over the US e-commerce space by a wide margin, per recent estimates of online retail sales for 2020 from eMarketer. The research firm indicates that other retailers have a long way to go before they come close to touching Amazon’s e-commerce success.

What is e commerce growth?

US ecommerce sales will reach $794.50 billion this year, up 32.4% year-over-year. … Ecommerce sales will reach 14.4% of all US retail spending this year and 19.2% by 2024. When excluding gas and auto sales (categories sold almost exclusively offline), ecommerce penetration jumps to 20.6%.

What percentage of retail is ecommerce?

9.9 percentIn 2018, e-commerce accounted for 9.9 percent of total retail sales in the United States, up from 9.1 percent during the previous year.

Is Alibaba bigger than Amazon?

Alibaba is often referred to as the ‘Amazon of China’ because of its growth trajectory being nearly identical to that of Amazon. … While Amazon is the larger of the two companies by a significant margin, both companies have quite similar revenue streams.

How much of e commerce is Amazon?

49%In 2018, Amazon’s share of the US ecommerce market hit 49%. That’s 5% of all retail spent across the entire country. To put things in perspective, this is more than Amazon’s top three competitors combined, with eBay coming in at 6.6%, Apple at 3.9% and Walmart at 3.7%.

Is e commerce still growing?

Global ecommerce sales are expected to top $4.2 trillion USD in 2020 and reach more than $6.5 trillion by 2023. More than 2.1 billion shoppers are expected to purchase goods and services online by 2021. … One reason the company quadrupled sales year-over-year, is its decision to localize.