A Visual Peek Into The Retail eCommerce Growth [Infographic]
31 Oct 2017
In the past few years, the retail sector has seen a seismic shift in the way consumer expectations have evolved. Custom eCommerce development, which was a far-off concept for many retailers back in the late 1990s, has now become a necessity. Today, the consumers are in the driver’s seat, expecting authenticity, convenience, uniqueness and creativity from every e-retail business they interact with.
It’s, therefore, certain that the current retail economy is consumer-driven. From 1.34 trillion US dollars in 2014, the global retail eCommerce sales have amounted to 1.86 trillion US dollars in 2016. Statista further projects it to grow up to 4.48 trillion US dollars in 2021. To better understand the state of the e-retail industry, take a look at the infographic below that features some of the most important retail eCommerce growth statistics.
Get a Free Quote
Build an online store for your business
Want to share this Infographic on your blog or website?
Here’s how: Copy the code given below and paste the same into your website.
Get in touch with us in case you encounter any issue.
US eCommerce Sales Growth Driven by Retail Industry
Retail and e-commerce business in the United States is considered to be the second largest industry contributing both to sales and employment in the USA. The Census Bureau of the Department of Commerce announced that the estimate of U.S.
Advantages of Location-based Services in Retail [INFOGRAPHIC]
Growth in the use of mobile devices and advances in location-aware technologies has driven location-based app development in consumer-centric industries.
Growth Of SaaS Market Continues To Be Strong [INFOGRAPHIC]
The SaaS (software as a service) model of licensing and delivering software for SMEs has gained immense traction in the past few years. More companies are shifting from packaged solutions to the SaaS model.
Why Use Augmented Reality In Retail eCommerce
Augmented Reality is a piece of technology that has managed to successfully integrate digital information with real-life imagery in such a way that the digital information and animations can interact with physical space opening a new experience to a user.