GITNUX MARKETDATA REPORT 2024

Must-Know Ecommerce Growth Statistics [Latest Report]

Statistic 1

"In 2020, the eCommerce market grew by 27.6% globally, reaching $4.28 trillion USD in sales."

Sources Icon

Statistic 2

"By 2023, it is projected that 22% of global retail sales will be made through eCommerce."

Sources Icon

Statistic 3

"Businesses worldwide are expected to spend $1 trillion on eCommerce technology by 2022."

Sources Icon

Statistic 4

"By 2024, global eCommerce is predicted to account for 21.8% of total retail sales."

Sources Icon

Statistic 5

"In Q4 of 2020, mobile eCommerce accounted for 72.9% of online sales worldwide."

Sources Icon

Statistic 6

"In a 2021 study, eCommerce increased by approximately 12% year-over-year in Latin America."

Sources Icon

Statistic 7

"UK online spending grew by 19.2% in 2020 and reached £105 billion ($139 billion)."

Sources Icon

Statistic 8

"B2B eCommerce is estimated to grow at a 17.5% compound annual growth rate (CAGR) from 2020 to 2027."

Sources Icon

Statistic 9

"The fashion industry experienced a 33% increase in online revenue in 2020."

Sources Icon

Statistic 10

"E-commerce sales in India reached $38.5 billion in 2017 and are projected to surpass $200 billion by 2026."

Sources Icon

Statistic 11

"Crossborder eCommerce sales worldwide are projected to reach $736 billion by 2023."

Sources Icon

Statistic 12

"In Australia, it is predicted that eCommerce will account for 15.5% of retail sales by 2025."

Sources Icon

Statistic 13

"China’s eCommerce market will surpass $3 trillion by 2024."

Sources Icon

Statistic 14

"Global eCommerce on social media platforms is predicted to reach $1660.14 billion by 2028."

Sources Icon

Statistic 15

"Around 800,000 online stores operate on Shopify, with the platform generating over $100 billion in total sales."

Sources Icon

Statistic 16

"In 2020, the top 100 marketplaces worldwide generated $3.1 trillion in gross merchandise value (GMV)."

Sources Icon

Statistic 17

"Online food and grocery sales are expected to surpass $100 billion in the US by 2022."

Sources Icon

Statistic 18

"In 2019, the global beauty and personal care eCommerce market amounted to $36.20 billion, and it is projected to reach $128.29 billion by 2030."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!