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We are passionate about our work and inspired by our team
E-commerce share of total global retail sales from 2017 to 2020
On the other hand, worldwide e-commerce sales topped $3.5 trillion USD, an increase of approximately 18% from the year before. Ecommerce is expected to nearly double by 2023 to more than $6.5 billion.
Some perspective is in order though. While e-commerce is growing much faster than retail, it’s still a relatively small piece of the pie. In 2019, ecommerce share of total global retail sales was 14.1% and analysts only expect it to increase 2% a year through 2023
