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The following is the In 2020, global e-commerce sales will exceed 4 trillion US dollars From eMarketer recommended by recordtrend.com. And this article belongs to the classification: eMarketer, Electronic Commerce.
Despite the challenges facing the retail industry in 2020, emarketer expects global retail e-commerce sales to grow by 27.6%, far exceeding $4 trillion. This is significantly higher than emarketer’s mid-term assessment that the growth rate of global e-commerce will slow down to 16.5%, which shows the significant degree of consumers turning to e-commerce last year.
Despite a 3.0% decline in global retail sales and the beginning of a recession around the world, e-commerce will still perform better than expected before the pandemic in 2020.
Consumers are expected to maintain many of their newly discovered digital behaviors in 2021. However, with the advance of high growth to 2020, as well as the year’s non normalized real business, the growth rate in 2021 will slow down to a certain extent, although people’s enthusiasm for e-commerce is lingering.
Emarketer forecasts that the growth rate of global retail e-commerce this year will be 14.3%, which is a relatively low figure compared with 20.2% in 2019 and 27.6% last year, but still represents an increase of $611 billion in sales.
In 2018, global e-commerce sales have not yet exceeded 3 trillion US dollars. Emarketer estimates that it is easy to break the $4 trillion threshold in 2020, reaching $5 trillion by 2022 and $6 trillion by 2024. In 2020, 18% of retail sales will come from e-commerce. By 2024, the figure will reach 21.8%.
More reading: emarketer: it is estimated that the global e-commerce sales will reach US $1.2 trillion in 2013. Emarketer: Wal Mart’s U.S. e-commerce sales will increase by 44.2% in 2020. Emarketer: China’s retail e-commerce sales will increase by 21.0% in 2021. Emarketer: e-commerce sales will increase by 16.0% in 2014 Reach 72.03 billion emarketer: it is estimated that the sales volume of US retail e-commerce will reach 586.92 billion US dollars in 2019 A year-on-year growth of 14.0% emarketer: global online tourism sales exceeded 533 billion US dollars in 2015 emarketer: Global B2C e-commerce sales will reach 1471 billion US dollars in 2014 eMarketer:2010 Sales volume of online travel in the United States is expected to grow by 4.6% emarketer: retail sales in China are expected to exceed $5 trillion in 2020 emarketer: Sales of Uber’s shared cars in the United States will drop by nearly 40% forreste in 2020 r: U.S. e-commerce sales in 2012 reached 231 billion U.S. e-commerce sales and growth rate from 2014 to 2024 U.S. Department of Commerce: U.S. e-commerce sales in Q2 of 2014 reached 75 billion U.S. comScore: U.S. e-commerce sales in holiday shopping season of 2013 are expected to reach 55.2 billion U.S. dollars comScore:2011 In Q1, the sales of online shopping in the United States reached 38 billion US dollars
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