Market Size data
by gordonrenouf@ · 2 things on Twos
- In the last two years alone, e-commerce sales grew by 50% to $870B per year, and is expected to reach more than $1.06 trillion by the start of 2023. https://www.nfx.com/post/why-nfx-invested-in-shopcircle
- The year ahead will bring about ecommerce milestones sooner than we expected. We expect US ecommerce sales will cross $1 trillion for the first time in 2022. Prior to the pandemic, we did not forecast ecommerce reaching this milestone until 2024. Worldwide, we estimate ecommerce sales to reach $5 trillion in 2022 and $6 trillion by 2024.https://www.insiderintelligence.com/insights/ecommerce-industry-statistics/#:~:text=Ecommerce%20Forecast%202022&text=than%20we%20expected.-,We%20expect%20US%20ecommerce%20sales%20will%20cross%20%241%20trillion%20for,and%20%246%20trillion%20by%202024