E-commerce has taken the world by storm. Since Amazon began slanging anything and everything with the two day delivery Prime concept, e-commerce has changed the way consumers purchase in the 21st century. Retail stores continue to shut down in droves because people enjoy the convenience e-commerce provides them to purchase anywhere in just a few clicks. Are you still not convinced that e-commerce is a massive industry? Take a look at these statistics regarding trends and growth of e-commerce.
Stats on E-Commerce industry
In 2019, it is estimated that there will be 1.92 billion online buyers. That is approximately ¼ of the world’s population
This number will rise steadily with an expected 2.14 billion online buyers by 2021
E-Commerce will account for 13.7% of all worldwide retail purchases in 2019