GITNUX MARKETDATA REPORT 2024

Must-Know Online Business Statistics [Latest Report]

Statistic 1

"E-commerce sales represented 14.3% of total retail sales in the U.S. in 2018."

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Statistic 2

"Mobile commerce accounted for 67.2% of digital sales in 2019."

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Statistic 3

"China was the largest e-commerce market in the world with $2.3 trillion in sales in 2020."

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Statistic 4

"49% of consumers say not having free shipping would prevent them from making a purchase."

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Statistic 5

"In 2020, U.S. online retail sales surpassed $861 billion."

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Statistic 6

"69% of online carts are abandoned."

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Statistic 7

"Online businesses in the U.S. created over 1.3 million jobs in 2020."

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Statistic 8

"1.79 billion people worldwide shopped online in 2020."

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Statistic 9

"59% of 25-34 year olds use their mobile devices to make purchases."

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Statistic 10

"Social media platforms influence 71% of consumer buying decisions."

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Statistic 11

"Voice commerce is expected to reach $40 billion by 2022."

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Statistic 12

"The global e-commerce market is expected to reach $6.54 trillion by 2022."

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Statistic 13

"73% of consumers use multiple channels during their shopping journey."

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Statistic 14

"Global online business-to-business (B2B) sales were estimated to reach $12 trillion in 2019."

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Statistic 15

"Amazon accounted for 47% of online retail sales in the U.S. in 2020."

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Statistic 16

"63% of shopping occasions begin online."

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Statistic 17

"80% of marketers say that influencer marketing is effective."

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Statistic 18

"Online retail sales accounted for 18% of total retail sales worldwide in 2020."

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Statistic 19

"95% of all purchases will be made online by 2040."

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Statistic 20

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

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