GITNUX MARKETDATA REPORT 2024

Must-Know E Commerce Statistics [Recent Analysis]

Statistic 1

"As of 2021, there are approximately 2.14 billion global digital buyers."

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Statistic 2

"81% of shoppers research online before making a purchase."

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Statistic 3

"Mobile commerce makes up 73% of the total e-commerce sales in 2021."

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Statistic 4

"74% of consumers rely on their social networks to make purchasing decisions."

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Statistic 5

"65% of shoppers look up price comparisons on mobile while in a physical store."

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Statistic 6

"The average order value (AOV) in U.S. e-commerce in 2020 was $128."

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Statistic 7

"E-commerce is expected to account for 22% of global retail sales by 2023."

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Statistic 8

"Nearly 95% of all purchases are expected to be made online by 2040."

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Statistic 9

"60% of consumers prefer digital self-serve tools for simple customer service inquiries."

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Statistic 10

"China is the largest e-commerce market, with retail e-commerce sales reaching 2.3 trillion USD in 2020."

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Statistic 11

"Amazon accounts for 38.7% of the U.S. e-commerce market."

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Statistic 12

"E-commerce sales in the U.S. reached $759.4 billion in 2020."

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Statistic 13

"The average e-commerce conversion rate is about 2.86%."

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Statistic 14

"Global e-commerce grew by 27.6% in 2020."

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Statistic 15

"In 2020, worldwide e-commerce sales amounted to 4.28 trillion USD."

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Statistic 16

"By 2022, e-commerce retail sales are projected to grow to 5.4 trillion USD."

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Statistic 17

"Social commerce is expected to reach $84.2 billion by 2024."

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Statistic 18

"45% of online shoppers are likely to buy from a website that offers personalized recommendations."

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Statistic 19

"Revenue from subscription e-commerce grew by 3,000% in the last decade."

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Statistic 20

"The cart abandonment rate for e-commerce sites is 69.57%."

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